For its third fiscal quarter (ending September 30), Duke Energy Corp (NYSE: DUK) has reported a 21% increase in E.P.S. from $1.51 a year ago to $1.82 in the current quarter. This result exceeded the consensus estimate of $1.67 by $0.15. E.P.S. were $4.80 for the latest four quarters through September 30 versus $4.12 for the same period a year ago — an increase of 17%.
Recent Price Action
Duke Energy Corp (NYSE: DUK) stock suffered a large decline of -2.8% on 11/8/19. The stock closed at $89.95. Moreover, trading volume in this decline was exceptionally high at 231% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.6% during the last week.
Current PriceTarget Research Rating
DUK’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Duke Energy has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Duke Energy has a poor Appreciation Score of 24 but a good Power Rating of 76, with the Neutral Value Trend Rating the result.
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.