Duke Energy stock: buy or sell?

DUK stock price: $94.98 -4.00% At close on February 27th, 2020

Updated on:
February 27th, 2020

5

After several days of continuous hikes in past weeks, Duke Energy plunged -4.00% to $94.98. With Thursday it's been 4 red days in a row.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. It operates through three segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure, and Commercial Renewables.

Should I buy Duke Energy stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Duke Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Duke Energy stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for DUK stock for the last month.

Duke Energy stock analysis

Daily outlook

After several days of continuous hikes in past weeks, Duke Energy plunged -4.00% to $94.98.

After marking all time highs on Monday, Duke Energy plunged -4.00% to $94.98. On December DUK price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, DUK is in a short term uptrend after plotting its last bottom ($94.79, on February 10th) higher than the previous bottom, and its last top ($103.79, on Monday) also over the previous top. Now trading in between its last bottom and last top DUK might consolidate in a plain range, waiting to break out over $103.79 or down under $94.79. For the last 15 days when SMA50d and SMA100d crossed up, DUK price slipped $-1.07 per share (-1.11%). On Monday, DUK hit a new all time high, pushing higher than on Friday tops. Check different trading setups that use ATHs as triggers.

DUK stock chart (daily)

Weekly outlook

Duke Energy peaked new all time highs again this week, setting highs to $103.79. Shares ended at $94.98 and plummed -7.27% during the week. By mid February DUK boosted an amazing 5.86% in just one week.

DUK shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $94.79 by mid February. Previous top ($97.10) will play as a resistance in possible new gains. Early December DUK price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA10w and SMA20w crossed up early February, DUK price slid a -1.77%.

DUK stock chart (weekly)

Duke Energy stock price history

Duke Energy IPO was on March 17th, 1980 at $0.00 per share1. Since then, DUK stock surged a inf%, with a yearly average of inf%. If you had invested right after DUK's IPO a $1,000 in Duke Energy stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Duke Energy stock historical price chart

DUK stock reached all-time highs on Monday with a price of $103.79.

Duke Energy stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price target for Duke Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, Duke Energy failed to meet the estimates of the experts and posted a lame EPS of $0.84 per share when experts were expecting $0.89.
DUK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a1.02n/a
2017-Q2-n/a1n/a
2017-Q32017-11-031.551.592.6%
2017-Q42018-02-200.920.942.2%
2018-Q12018-05-101.151.2811.3%
2018-Q22018-08-021.030.93-9.7%
2018-Q32018-11-021.531.657.8%
2018-Q42019-02-140.890.84-5.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Duke Energy annual revenues gained a fine 4.06% to $24,521.00 million dollars from $23,565.00 marked in 2017. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) depreciated a -2.11% to 10.87%.

DUK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$24,590 M-$2,650 M10.8%-
2014$23,925 M-2.70%$1,883 M7.9%-28.94%
2015$23,459 M-1.95%$2,816 M12.0%49.55%
2016$22,743 M-3.05%$2,152 M9.5%-23.58%
2017$23,565 M3.61%$3,059 M13.0%42.15%
2018$24,521 M4.06%$2,666 M10.9%-12.85%

Quarterly financial results

Duke Energy reported $6,115.00 million in sales for 2018-Q4, a -7.74% decline compared to previous quarter. Reported quarter earnings marked $464.00 million with a profit margin of 7.59%. Profit margin fell a -8.74% compared to previous quarter when profit margin was 16.32%. When comparing sales to same quarter last year, Duke Energy sales marked a decent growth and rose a 5.45%.
DUK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$5,730 M-$716 M12.5%-
2017-Q2$5,560 M-2.97%$688 M12.4%-3.91%
2017-Q3$6,482 M16.58%$954 M14.7%38.66%
2017-Q4$5,799 M-10.54%$703 M12.1%-26.31%
2018-Q1$6,135 M5.79%$620 M10.1%-11.81%
2018-Q2$5,643 M-8.02%$500 M8.9%-19.35%
2018-Q3$6,628 M17.46%$1,082 M16.3%116.40%
2018-Q4$6,115 M-7.74%$464 M7.6%-57.12%

Duke Energy ownership

When you are planning to buy a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Duke Energy, 0.08% of all outstanding shares are owned by its staff.

In case of Duke Energy stock, 65.48% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DUK stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

DUK
Market cap$69.2 B
Total shares729.0 M
Float shares732.2 M
  - Institutional holdings (%)65.5%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

Duke Energy summary

Thursday, February 27th, 2020
Open$98.09
Close$94.98
Day range$94.97 - $99.29
Previous close$98.94
Session gain-4.00%
Average true range$1.83
50d mov avg$94.03
100d mov avg$92.14
200d mov avg$89.82
Daily patternlt06a
Weekly pattern lb03a

Duke Energy performance

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Duke Energy to :
Stock3m6m12m
DUKDuke Energy8.77%4.53%10.62%

Duke Energy competitors

Unfortunately, we could not find any public company that could be defined as Duke Energy competitor. This doesn't mean Duke Energy does not have any competitor in the market, it's just we could not detected it.

    Latest Duke Energy stock news