Somewhat Favorable Media Coverage Likely to Impact Duke Energy Corp (DUK) Share Price

Media stories about Duke Energy Corp (NYSE:DUK) have been trending somewhat positive recently, according to Alpha One Sentiment. Alpha One, a service of Accern, rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Duke Energy Corp earned a coverage optimism score of 0.21 on Alpha One’s scale. Alpha One also assigned media stories about the utilities provider an impact score of 77 out of 100, meaning that recent press coverage is likely to have an impact on the company’s share price in the near future.

Here are some of the media stories that may have effected Alpha One’s rankings:

DUK has been the topic of a number of recent research reports. Citigroup Inc cut shares of Duke Energy Corp from a “neutral” rating to a “sell” rating and set a $69.00 price target on the stock. in a research report on Wednesday, January 11th. Royal Bank of Canada reaffirmed a “buy” rating and set a $86.00 price target on shares of Duke Energy Corp in a research report on Friday, March 17th. Barclays PLC reissued a “neutral” rating on shares of Duke Energy Corp in a research report on Sunday, February 19th. Vetr cut shares of Duke Energy Corp from a “hold” rating to a “sell” rating and set a $79.70 target price on the stock. in a research report on Thursday, March 2nd. Finally, Credit Suisse Group AG initiated coverage on shares of Duke Energy Corp in a research report on Wednesday, January 25th. They set a “neutral” rating and a $81.00 target price on the stock. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $80.31.

Shares of Duke Energy Corp (NYSE:DUK) traded up 0.22% during mid-day trading on Friday, hitting $82.21. 2,471,072 shares of the company were exchanged. The stock’s 50-day moving average price is $82.09 and its 200 day moving average price is $78.45. Duke Energy Corp has a 12-month low of $72.34 and a 12-month high of $87.75. The stock has a market cap of $57.51 billion, a PE ratio of 26.35 and a beta of 0.14.

Duke Energy Corp (NYSE:DUK) last issued its earnings results on Thursday, February 16th. The utilities provider reported $0.81 EPS for the quarter, meeting analysts’ consensus estimates of $0.81. The business earned $5.62 billion during the quarter, compared to analyst estimates of $5.86 billion. Duke Energy Corp had a return on equity of 8.20% and a net margin of 12.27%. During the same period in the prior year, the company posted $0.87 earnings per share. On average, equities analysts anticipate that Duke Energy Corp will post $4.62 EPS for the current fiscal year.

In other Duke Energy Corp news, SVP William E. Jr. Currens sold 600 shares of the stock in a transaction on Friday, February 24th. The stock was sold at an average price of $82.10, for a total transaction of $49,260.00. Following the completion of the transaction, the senior vice president now directly owns 5,677 shares in the company, valued at $466,081.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Julia S. Janson sold 10,000 shares of the stock in a transaction on Friday, February 24th. The stock was sold at an average price of $81.78, for a total value of $817,800.00. Following the transaction, the executive vice president now owns 37,175 shares of the company’s stock, valued at $3,040,171.50. The disclosure for this sale can be found here. Insiders sold 35,600 shares of company stock valued at $2,915,710 over the last 90 days. 0.08% of the stock is currently owned by corporate insiders.

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Duke Energy Corp Company Profile

Duke Energy Corporation (Duke Energy) is an energy company. The Company operates through three segments: Electric Utilities and Infrastructure; Gas Utilities and Infrastructure, and Commercial Renewables. The Company operates in the United States through its direct and indirect subsidiaries. The Electric Utilities and Infrastructure segment provides retail electric service through the generation, transmission, distribution and sale of electricity to approximately 7.5 million customers within the Southeast and Midwest regions of the United States.

5 Day Chart for NYSE:DUK

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