Do Duke Energy's Fundamentals Warrant Today's Drop?

By Naomi Wentworth • Wednesday, March 01 12:26 • Permanent Link

One of the losers of today's trading session was Duke Energy. Shares of the Electric & other services combined company plunged -2.06%, and some investors may be wondering if its price of $92.32 would make a good entry point. Here's what you should know if you are considering this investment:

Duke Energy has moved -1.84% over the last year, and the S&P 500 logged a change of -9.492445%
DUK has an average analyst rating of buy and is -14.62% away from its mean target price of $108.13 per share
Its trailing earnings per share (EPS) is $4.9
Duke Energy has a trailing 12 month Price to Earnings (P/E) ratio of 18.84 while the S&P 500 average is None
Its forward earnings per share (EPS) is $5.99 and its forward P/E ratio is 15.41
The company has a Price to Book (P/B) ratio of 1.644
Duke Energy is part of the Energy & Transportation sector
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.