Press coverage about Duke Energy (NYSE:DUK) has been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Duke Energy earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned media headlines about the utilities provider an impact score of 45.8218851101404 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- 4,000 Duke customers without power in Greenwood County (indexjournal.com)
- Duke restores power to 4,000 customers in Greenwood County (indexjournal.com)
- Power restored to thousands of Duke Energy customers in Greenwood Co. (foxcarolina.com)
- Rooftop solar plans skyrocket as N.C. regulators approve Duke Energy rebates (finance.yahoo.com)
- Duke Energy (DUK) Upgraded at BidaskClub (americanbankingnews.com)
Shares of DUK stock traded up $0.62 during trading hours on Tuesday, hitting $78.58. 1,073,185 shares of the company were exchanged, compared to its average volume of 4,089,223. The company has a quick ratio of 0.42, a current ratio of 0.68 and a debt-to-equity ratio of 1.17. Duke Energy has a 52 week low of $72.93 and a 52 week high of $91.80. The company has a market capitalization of $53,676.10, a price-to-earnings ratio of 17.19, a P/E/G ratio of 4.42 and a beta of 0.11.
Duke Energy (NYSE:DUK) last issued its quarterly earnings data on Tuesday, February 20th. The utilities provider reported $0.94 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.03. Duke Energy had a net margin of 12.95% and a return on equity of 7.72%. The company had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’s revenue was up 4.1% compared to the same quarter last year. equities analysts expect that Duke Energy will post 4.7 EPS for the current year.
Several brokerages recently weighed in on DUK. Morgan Stanley increased their price objective on shares of Duke Energy from $83.00 to $85.00 and gave the company an “equal weight” rating in a report on Monday. JPMorgan Chase increased their price objective on shares of Duke Energy from $77.00 to $78.00 and gave the company an “underweight” rating in a report on Tuesday, April 10th. Zacks Investment Research raised shares of Duke Energy from a “sell” rating to a “hold” rating in a research note on Tuesday, February 13th. UBS assumed coverage on shares of Duke Energy in a research note on Friday, February 2nd. They issued a “buy” rating and a $91.00 target price for the company. Finally, SunTrust Banks set a $79.00 target price on shares of Duke Energy and gave the company a “hold” rating in a research note on Monday, February 12th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the stock. Duke Energy has an average rating of “Hold” and an average price target of $85.13.
In related news, COO Dhiaa M. Jamil sold 500 shares of the firm’s stock in a transaction on Wednesday, November 28th. The shares were sold at an average price of $89.08, for a total value of $44,540.00. Following the completion of the transaction, the chief operating officer now owns 34,115 shares of the company’s stock, valued at $3,038,964.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.08% of the stock is currently owned by company insiders.
About Duke Energy
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. The Electric Utilities and Infrastructure segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, and the Midwest; uses coal, hydroelectric, natural gas, oil, renewable sources, and nuclear fuel to generate electricity; and engages in the wholesale of electricity to municipalities, electric cooperative utilities, and other load-serving entities.
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