Duke Energy (DUK) Stock Dips While Market Gains: Key Facts

Company Performance - Duke Energy's stock closed at $121.07, reflecting a -0.74% change from the previous day, underperforming the S&P 500's gain of 0.38% [1] - Over the past month, Duke Energy shares have increased by 2.78%, while the Utilities sector rose by 1.62% and the S&P 500 declined by 5.59% [1] Earnings Projections - Duke Energy is expected to report earnings of$ 1.60 per share, indicating a year-over-year growth of 11.11%, with projected revenue of $7.98 billion, a 4% increase from the same quarter last year [2] - For the entire fiscal year, earnings are projected at$ 6.32 per share and revenue at $31.72 billion, representing increases of +7.12% and +4.48% respectively from the prior year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for Duke Energy suggest a positive outlook, as revisions often reflect short-term business trends [4] - The Zacks Rank system currently rates Duke Energy at 4 (Sell), with a slight decline of 0.07% in the Zacks Consensus EPS estimate over the past month [6] Valuation Metrics - Duke Energy has a Forward P/E ratio of 19.29, which is higher than the industry average of 18.59 [7] - The company has a PEG ratio of 3.05, compared to the industry average PEG ratio of 2.79 [7] Industry Context - The Utility - Electric Power industry ranks in the top 24% of all industries, with a Zacks Industry Rank of 58 [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]