Duke Energy stock: buy or sell?
July 16th, 2019
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?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. 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.
None of our preferred buy setups matches with Duke Energy stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Duke Energy stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we detected 8 ratings published for DUK stock in the last month. The general sentiment of these ratings is bearish for DUK stock, with 1 negative ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-14||Morgan Stanley||n/a||Equal Weight|
|2019-5-16||Morgan Stanley||n/a||Equal Weight|
|2019-5-13||Bank of America||Neutral||Underperform|
|2019-3-11||Bank of America||n/a||Neutral|
|2019-2-15||Credit Suisse Group||Outperform||Neutral|
|2019-2-12||Morgan Stanley||Equal Weight||Equal Weight|
|2019-1-9||Bank of America||Buy||Neutral|
Duke Energy stock analysis
Duke Energy shares depreciated -0.40% to $89.02 today.
Shares of Duke Energy depreciated an ugly -0.40% and closed at $89.02. DUK is soaring again after a 2.38% correction from its last top on July 3rd at $90.60. On July 2nd DUK price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On March, DUK hit new all time highs, pushing higher previous ATH of $90.69 recorded on March. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Duke Energy closed this week at $89.02 and remained stable a tiny 0.36%.
Far behind is the all-time high Duke Energy hit late March but price is just -1.84% below that top. Since late August 2018 when SMA20w and SMA40w crossed up, DUK price gained $10.17 per share (12.90%). Early July DUK price bounced up over the SMA of 20 weeks that acted as support stopping new slides.
Duke Energy stock price history
Duke Energy stock went public on March 17th, 1980 with a price of $0.871. Since then, DUK stock surged a 10,132.20%, with a yearly average of 259.80%. If you had invested right after DUK's IPO a $1,000 in Duke Energy stock in 1980, it would worth $101,322.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Duke Energy stock historical price chart
DUK stock reached all-time highs on March with a price of $90.69.
Duke Energy stock price target is $93.80Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 found 5 price targets for Duke Energy stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-14||Morgan Stanley||Raises Target||$96.00||$100.00||4.2%|
|2019-5-16||Morgan Stanley||Raises Target||$94.00||$96.00||2.1%|
|2019-3-11||Bank of America||Reiterates||$89.00||$91.00||2.2%|
|2019-2-12||Morgan Stanley||Raises Target||$85.00||$88.00||3.5%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Duke Energy missed the expectations of the experts and reported a disappointing EPS of $0.84 per share when experts were expecting $0.89.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a fine gain of 4.06% to $24,521.00 million dollars. In contrary, its profit margin (compared to sales) declined to 10.87%, that is $2,666.00 million.
|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 M||3.61%||$3,059 M13.0%||42.15%|
|2018||$24,521 M||4.06%||$2,666 M10.9%||-12.85%|
Quarterly financial resultsDuke Energy posted $6,115.00 million in sales for 2018-Q4, a -7.74% decline compared to previous quarter. Reported quarter earnings marked $464.00 M 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 nice growth and jumped a 5.45%.
|2017-Q1||$5,730 M||-||$716 M12.5%||-|
|2017-Q2||$5,560 M||-2.97%||$688 M12.4%||-3.91%|
|2017-Q3||$6,482 M||16.58%||$954 M14.7%||38.66%|
|2017-Q4||$5,799 M||-10.54%||$703 M12.1%||-26.31%|
|2018-Q1||$6,135 M||5.79%||$620 M10.1%||-11.81%|
|2018-Q2||$5,643 M||-8.02%||$500 M8.9%||-19.35%|
|2018-Q3||$6,628 M||17.46%||$1,082 M16.3%||116.40%|
|2018-Q4||$6,115 M||-7.74%||$464 M7.6%||-57.12%|
Duke Energy ownershipWhen you are planning to invest in a stock, it's always worth to have a look 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, 0.06% of all outstanding shares are owned by its staff.
In case of Duke Energy stock, 61.68% 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 context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$64.8 B||$18.7 B||$44.7 B||$50.5 B||$23.1 B|
|Total shares||728.1 M||245.6 M||493.4 M||651.6 M||531.4 M|
|Float shares||727.5 M||244.4 M||493.1 M||800.2 M||500.2 M|
|- Institutional holdings (%)||61.7%||74.4%||75.8%||60.2%||0.0%|
|- Insider holdings (%)||0.1%||0.4%||0.0%||0.3%||4.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
Duke Energy summary
|Tuesday, July 16th, 2019|
|Day range||$88.38 - $89.53|
|Average true range||$1.29|
|50d mov avg||$87.76|
|100d mov avg||$88.34|
|200d mov avg||$85.95|
Duke Energy performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Duke Energy against Ameren, American Electric Power, Dominion Energy, FirstEnergy, NextEra Energy, Pacific Gas & Electric, PPL, Southern and Xcel Energy in the following table:
|PCGPacific Gas & Ele...||-13.71%||150.62%||-56.27%|
Duke Energy competitorsWe chose a few stocks to conform a list of Duke Energy competitors to review if you are interested in investing in DUK:
- Ameren (AEE)
- American Electric Power (AEP)
- Dominion Energy (D)
- FirstEnergy (FE)
- NextEra Energy (NEE)
- Pacific Gas & Electric (PCG)
- PPL (PPL)
- Southern (SO)
- Xcel Energy (XEL)
Latest Duke Energy stock news
- Seeking AlphaDuke Energy: Only Upside From HereMay 15, 2019
- Seeking AlphaDuke Energy: In It For The Long HaulNovember 16, 2018
- InvestorPlace3 Big Stock Charts for Thursday: Comcast Corporation, Duke Energy and Regions Financial CorpJuly 12, 2018
- InvestorPlaceDuke Realty Stock Offers Average Growth at a High ValuationJuly 7, 2018
- InvestorPlaceDuke Energy (DUK) to Pass on $142M in Tax Savings to CustomersJuly 2, 2018