Duke Energy (DUK) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - Duke Energy's stock closed at $108.23, reflecting a +1.33% increase compared to the previous day, outperforming the S&P 500's daily gain of 0.16% [1] - Over the past month, Duke Energy shares have decreased by 3.87%, which is better than the Utilities sector's loss of 6.81% but worse than the S&P 500's loss of 2.8% [1] Earnings Projections - The upcoming EPS for Duke Energy is projected at$ 1.64, indicating an 8.61% increase from the same quarter last year [2] - Quarterly revenue is expected to reach $7.73 billion, representing a 7.23% increase from the previous year [2] Analyst Estimates - Recent modifications to analyst estimates for Duke Energy are crucial as they reflect short-term business trends [3] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [3] Zacks Rank and Valuation - Duke Energy currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The company has a Forward P/E ratio of 16.84, which is a premium compared to the industry's average Forward P/E of 15.97 [6] - Duke Energy's PEG ratio stands at 2.66, compared to the industry average PEG ratio of 2.49 [6] Industry Overview - The Utility - Electric Power industry ranks in the top 37% of all industries, with a current Zacks Industry Rank of 91 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]