For its third fiscal quarter (ending September 30), Duke Energy Corp (NYSE: DUK) has reported a -12% decline in E.P.S. from $1.78 a year ago to $1.57 in the current quarter. For the latest four quarters through September 30, E.P.S. were $5.52 versus $4.68 for the same period a year ago — an increase of 18%.
Recent Price Action
Duke Energy Corp (NYSE: DUK) stock declined by -2.2% on 11/7/24. The shares closed at $111.08. Moreover, unusually high trading volume at 163% of normal accompanied the decline. The stock has declined -2.6% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DUK is expected to continue to be an important Value Builder.
Duke Energy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Duke Energy has a neutral Appreciation Score of 59 but a very high Power Rating of 88, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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