DTE Energy stock: buy or sell?

DTE stock price: $132.29 0.32% At close on September 20th, 2019

Updated on:
September 20th, 2019

5

DTE Energy remained steady 0.32% to $132.29 after marking all time highs today. Friday was the 5th climbing day in a row, soaring 3.01%.

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.

Should I buy DTE Energy stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, 2 buy setups match with DTE Energy stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is DTE Energy stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 10 ratings published for DTE stock in the last month.

The general sentiment of these ratings is bearish for DTE stock, with 4 negative ratings.
Is DTE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-3Credit Suisse Groupn/aNeutral
2019-9-2Berenberg Bankn/aSell
2019-8-27Credit Suisse Groupn/aNeutral
2019-8-26Wells Fargo & CoMarket PerformOutperform
2019-8-12Mizuhon/aNeutral
2019-6-3Bank of American/aUnderperform
2019-6-20Barclaysn/aHold
2019-4-25UBS GroupNeutralNeutral
2019-4-22Credit Suisse Groupn/aSell
2019-2-11Credit Suisse GroupUnderperformUnderperform

DTE Energy stock analysis

Daily outlook

DTE Energy remained steady 0.32% today and peaked a new all time high at $132.78.

DTE Energy remained stable 0.32% today and reached a new all time high at $132.78. On August 15th DTE price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.

DTE stock chart (daily)

Weekly outlook

DTE Energy shares rose 3.01% this week and set a new all time high at $132.78.

If you observe the weekly chart, price finally broke over the resistance at $131.53 and continued climbing. Since price and SMA20w lines crossed up late January, DTE climbed $21.80 (19.73%).

DTE stock chart (weekly)

DTE Energy stock price history

DTE Energy stock historical price chart

DTE stock reached all-time highs today with a price of $132.78.

DTE Energy stock price target is $127.60

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 7 price targets for DTE stock released in the last 30 days:
DTE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-26Wells Fargo & CoUpgradesn/a$145.00-
2019-8-12MizuhoInitiatesn/a$131.00-
2019-6-3Bank of AmericaLowers Target$124.00$122.00-1.6%
2019-6-20BarclaysReiteratesn/a$131.00-
2019-4-25UBS GroupRaises Target$132.00$134.001.5%
2019-4-22Credit Suisse GroupSet Price Targetn/a$117.00-
2019-2-11Credit Suisse GroupRaises Target$110.00$113.002.7%
(in average)$122.00$127.605.0%
The price forecast for DTE Energy stock is $127.60, moving in a range between $145.00 and $113.00. In average, analysts' outlook on DTE price forecast is positive, increasing the prediction by a 5.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since February, when DTE Energy published its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will update this review.
DTE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1n/a
2017-Q32017-10-251.561.48-5.1%
2017-Q42018-02-161.191.265.9%
2018-Q12018-04-251.891.911.1%
2018-Q22018-07-251.111.3622.5%
2018-Q32018-10-241.742.1322.4%
2018-Q42019-02-070.920.91-1.1%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, DTE Energy annual revenues boosted an exceptional 12.73% to $14,212.00 million dollars from $12,607.00 marked in 2017. Instead, its income margin (compared to revenues) slightly fell to 7.88%, that is $1,120.00 million.

DTE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$9,630 M-$661 M6.9%-
2014$12,301 M27.74%$905 M7.4%36.91%
2015$10,337 M-15.97%$727 M7.0%-19.67%
2016$10,630 M2.83%$868 M8.2%19.39%
2017$12,607 M18.60%$1,134 M9.0%30.65%
2018$14,212 M12.73%$1,120 M7.9%-1.23%

Quarterly financial results

DTE Energy posted $3,750.00 million in sales for 2018-Q4, a 5.63% up compared to previous quarter. Reported quarter income marked $191.00 M with a profit margin of 5.09%. Profit margin decreased a -4.32% compared to previous quarter when profit margin was 9.41%. When comparing revenues to same quarter last year, DTE Energy sales marked an astounding gain and rocketed a 14.64%. Looking back to recent quarterly results, DTE Energy posted 2 positive quarters in a row.
DTE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,820 M-$177 M6.3%-
2017-Q3$3,230 M14.54%$269 M8.3%51.98%
2017-Q4$3,271 M1.27%$287 M8.8%6.69%
2018-Q1$3,753 M14.74%$361 M9.6%25.78%
2018-Q2$3,159 M-15.83%$234 M7.4%-35.18%
2018-Q3$3,550 M12.38%$334 M9.4%42.74%
2018-Q4$3,750 M5.63%$191 M5.1%-42.81%
2019-Q1$3,514 M-6.29%$401 M11.4%109.95%

DTE Energy ownership

When you are planning to invest in a company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For DTE Energy, 0.57% of all outstanding shares are owned by its staff.

In case of DTE Energy stock, 74.24% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DTE stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to DTE Energy:

DTEAEECMSESLNT
Market cap$24.2 B$19.3 B$17.8 B$26.9 B$12.6 B
Total shares183.3 M245.8 M283.8 M323.6 M237.5 M
Float shares181.9 M244.5 M281.9 M322.9 M237.0 M
  - Institutional holdings (%)74.2%74.4%94.5%76.3%78.0%
  - Insider holdings (%)0.6%0.4%0.6%0.4%0.2%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

DTE Energy summary

Friday, September 20th, 2019
Open$132.03
Close$132.29
Day range$131.46 - $132.78
Previous close$131.87
Session gain0.32%
Average true range$1.96
50d mov avg$128.53
100d mov avg$127.47
200d mov avg$122.08
Daily pattern
Weekly pattern lb01c

DTE Energy performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For DTE Energy, the comparison is made against Ameren, CMS Energy, , Alliant Energy, MGE Energy, NiSource, WEC Energy and Xcel Energy.
Stock3m6m12m
DTEDTE Energy1.64%7.49%25.01%
AEEAmeren2.21%8.00%25.31%
CMSCMS Energy6.96%14.50%31.07%
ES7.52%16.93%36.90%
LNTAlliant Energy7.06%13.34%26.69%
MGEEMGE Energy8.04%15.75%18.71%
NINiSource1.10%4.50%18.78%
WECWEC Energy10.44%19.82%43.59%
XELXcel Energy5.09%14.10%39.18%

DTE Energy competitors

We selected a few stocks to conform a list of DTE Energy competitors to examine if you are interested in investing in DTE: