After-Hours Trading Shows Duke Energy Corporation (DUK) Lagging - TheStreet

Trade-Ideas LLC identified

Duke Energy Corporation

(

DUK

) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Duke Energy Corporation as such a stock due to the following factors:

  • DUK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $182.9 million.
  • DUK is down 2.1% today from today's close.

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More details on DUK:

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The stock currently has a dividend yield of 4.5%. DUK has a PE ratio of 22. Currently there are 6 analysts that rate Duke Energy Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

The average volume for Duke Energy Corporation has been 3.3 million shares per day over the past 30 days. Duke Energy has a market cap of $50.8 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.42 and a short float of 1.8% with 4.91 days to cover. Shares are down 11.7% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Duke Energy Corporation as a

buy

. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:

  • Net operating cash flow has increased to $1,439.00 million or 15.48% when compared to the same quarter last year. Despite an increase in cash flow, DUKE ENERGY CORP's average is still marginally south of the industry average growth rate of 24.11%.
  • 36.82% is the gross profit margin for DUKE ENERGY CORP which we consider to be strong. Regardless of DUK's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 9.71% trails the industry average.
  • DUKE ENERGY CORP's earnings per share declined by 14.7% in the most recent quarter compared to the same quarter a year ago. The company has suffered a declining pattern of earnings per share over the past year. However, we anticipate this trend reversing over the coming year. During the past fiscal year, DUKE ENERGY CORP reported lower earnings of $3.46 versus $3.63 in the prior year. This year, the market expects an improvement in earnings ($4.65 versus $3.46).
  • DUK, with its decline in revenue, slightly underperformed the industry average of 1.4%. Since the same quarter one year prior, revenues slightly dropped by 2.1%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • Even though the current debt-to-equity ratio is 1.04, it is still below the industry average, suggesting that this level of debt is acceptable within the Electric Utilities industry. Even though the debt-to-equity ratio shows mixed results, the company's quick ratio of 0.29 is very low and demonstrates very weak liquidity.

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