Trade-Ideas LLC identified
) 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 $331.8 million.
- DUK is down 2% 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 4.3%. DUK has a PE ratio of 19. Currently there are 6 analysts that rate Duke Energy Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.
The average volume for Duke Energy Corporation has been 3.7 million shares per day over the past 30 days. Duke Energy has a market cap of $52.6 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.11 and a short float of 1.4% with 2.41 days to cover. Shares are up 3.7% year-to-date as of the close of trading on Friday.
rates Duke Energy Corporation as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Highlights from the ratings report include:
- DUKE ENERGY CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, DUKE ENERGY CORP increased its bottom line by earning $4.03 versus $3.46 in the prior year. This year, the market expects an improvement in earnings ($4.62 versus $4.03).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electric Utilities industry. The net income increased by 391.8% when compared to the same quarter one year prior, rising from $97.00 million to $477.00 million.
- 37.09% is the gross profit margin for DUKE ENERGY CORP which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 8.96% trails the industry average.
- Regardless of the drop in revenue, the company managed to outperform against the industry average of 8.5%. Since the same quarter one year prior, revenues slightly dropped by 4.3%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Electric Utilities industry and the overall market, DUKE ENERGY CORP's return on equity is below that of both the industry average and the S&P 500.
- You can view the full Duke Energy Corporation Ratings Report.