The shares of Duke Energy Corporation (NYSE:DUK) has been pegged with a rating of Neutral by Credit Suisse in its latest research note that was published on February 15th, 2019. Credit Suisse wasn’t the only research firm that published a report of Duke Energy Corporation, with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on January 9th, 2019, to Neutral the DUK stock. The stock had earned Sector Outperform rating from Scotia Howard Weil when it published its report on July 24th, 2018. The stock was given Neutral rating by JP Morgan in its report released on July 23rd, 2018. Citigroup was of a view that DUK is Neutral in its latest report on July 20th, 2018. BofA/Merrill thinks that DUK is worth Buy rating. This was contained in the firm’s report on June 20th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 12 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $92.25. The price of the stock the last time has raised by 20.61% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 36.52.
The shares of the company dipped by -0.25% during the trading session on Wednesday, reaching a low of $86.77 while ending the day at $86.79. During the trading session, a total of 3.63 million shares were traded which represents a -3.47% decline from the average session volume which is 3.51M shares. DUK had ended its last session trading at 87.01. Duke Energy Corporation currently has a market cap of $63.10B, while its P/E ratio stands at 21.07, while its P/E earnings growth sits at 2.57, with a beta of 0.09. Duke Energy Corporation debt-to-equity ratio currently stands at 1.34, while its quick ratio hovers at 0.50. DUK 52-week low price stands at $71.96 while its 52-week high price is $91.67.
The company in its last quarterly report recorded $1.24 earnings per share which is above the $1.23 predicted by most analysts. The Duke Energy Corporation generated $6,163.00 million in revenue during the last quarter, which is slightly lower than the $6,318.31 million predicted by analysts. In the second quarter last year, the firm recorded $0.84 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 32.26%. Duke Energy Corporation has the potential to record 4.12 EPS for the current fiscal year, according to equities analysts.
Investment analysts at JP Morgan published a research note on April 22nd, 2019 where it informed investors and clients that CommScope Holding Company, Inc. (NASDAQ:COMM) is now rated as Overweight. BofA/Merrill also rated COMM as Downgrade on January 9th, 2019, with its price target of $116 suggesting that COMM could surge by 35.44% from its current share price. Even though the stock has been trading at $18.61/share, analysts expect it to surge higher by -0.05% to reach $28.81/share. It started the day trading at $18.62 and traded between $18.13 and $18.60 throughout the trading session.
A look at its technical shows that COMM’s 50-day SMA is 23.09 while its 200-day SMA stands at 23.73. The stock has a high of $32.48 for the year while the low is $15.09. The company’s P/E ratio currently sits at 27.51, while the P/B ratio is 2.06. At the moment, only of CommScope Holding Company, Inc. shares were sold short. The company’s average trading volume currently stands at 2.74M shares, which means that the short-interest ratio is just 2.04 days. Over the past seven days, the company moved, with its shift of -19.34%. Looking further, the stock has dropped -16.67% over the past 90 days while it lost -4.07% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more COMM shares, increasing its portfolio by +1.92% during the last quarter. This move now sees The Vanguard Group Inc purchasing 325,404 shares in the last quarter, thus it now holds 17,305,070 shares of COMM, with a total valuation of $428,819,635. Wellington Management Co LLP meanwhile bought more COMM shares in the recently filed quarter, changing its stake to $281,487,691 worth of shares. FPR Partners LLC followed the path by increasing its COMM portfolio by +20.52% in the quarter. This means that FPR Partners LLC bought 1,903,463 shares in the last quarter and now controls 11,177,830 shares of the COMM stock, with the valuation hitting $276,986,627.
Similarly, Maverick Capital Ltd increased its CommScope Holding Company, Inc. shares by +108.53% during the recently filed quarter. After buying 5,075,535 shares in the last quarter, the firm now controls 9,752,234 shares of CommScope Holding Company, Inc. which are valued at $241,660,359. In the same vein, Route One Investment Co LP increased its CommScope Holding Company, Inc. shares by during the most recent reported quarter. The firm bought 1,261,910 shares during the quarter which increased its stakes to 9,171,031 shares and is now valued at $227,258,148. Following these latest developments, around 1.60% of CommScope Holding Company, Inc. stocks are owned by institutional investors and hedge funds.