Duke Energy moved -0.6% this afternoon session, trading between a high of $90.04 and a low of $88.27 per share. Yesterday the stock finished at $90.01 per share, compared to an average analyst target price of $97.56.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. The large-cap power generation company is based in the United States, and over the last twelve months it has returned a dividend yield of 4.5%. Duke Energy has trailing twelve months earnings per share (EPS) of 4.73, which at today's prices amounts to a price to earnings (P/E) ratio of 18.9.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.45. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 29,047,000 | 22,742,000 | 22 | 4.76 |
| 2022 | 28,768,000 | 22,778,000 | 21 | -4.55 |
| 2021 | 24,621,000 | 19,133,000 | 22 | 10.0 |
| 2020 | 23,366,000 | 18,806,000 | 20 | -13.04 |
| 2019 | 25,079,000 | 19,366,000 | 23 | 21.05 |
| 2018 | 24,521,000 | 19,747,000 | 19 |
Duke Energy's 21.2% average gross margins are thinner than the 35.4% average of the Utilities—Independent Power Producers industry, implying that the firm might be lacking in competitivity.
