imaginima/iStock via Getty Images
Duke Energy (NYSE: DUK) closed higher after six days of losses, falling 7.1% over the past six trading days.
Shares of the utility giant close +0.05% It was at $101.26 on Thursday, just shy of its 52-week high of $104.87. The stock has risen Value grew 10.9% over the past 12 months.
DUK has closed higher on two consecutive trading days in June so far. In May, 13 of the 22 trading days ended positively.
Seeking Alpha’s quantitative rating system gives DUK a Hold rating, with a score of 3.23 out of 5.
The Charlotte, North Carolina-based company has an A+ Profitability Rating and an A- Momentum Rating, while its growth and valuation prospects are rated D+ and C, respectively.
Turning to the Wall Street community, six analysts rate DUK a “strong buy” rating, while four analysts give it a “buy” rating. Ten analysts give the stock a “hold” recommendation. The company does not have a “sell” rating.
Seeking Alpha analysts on average rate the stock a Buy. “Duke Energy is a strong utility that outperformed its industry last year,” SA writer Kevin George wrote in a May 30 report. “The company’s Q1 Revenue is strong year-over-year and earnings per share are expected to grow at 5-7% year-over-year through 2028. The agreement with the US technology giant leading the development of data centers is a huge boost for them, who are enthusiastic investors in the university. A more hostile effort is likely because Duke’s valuation is slightly lower than its prospects for profitable growth.
