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Company Update (NYSE:DUK): Duke Energy reports 2015 adjusted EPS and introduces 2016 adjusted EPS guidance range

[PR Newswire] – CHARLOTTE, N.C., Feb. 18, 2016 /PRNewswire/ — Company achieves adjusted diluted earnings per share (EPS) of $4.54 in 2015, compared to $4.55 in 2014; reported diluted EPS of $4.05 for 2015, compared to … Read more on this. Duke Energy Corporation (DUK) , valued at $52.09B, finished at $75.50. Looking at today’s trading action, the company’s one day range from $74.69 to $75.70 and has traded between $65.50 and $81.23 over the past 12 months. DUK shares are currently priced at 16.52x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s 11.76x earnings multiple. And for passive income investors, the company pays shareholders $3.30 per share annually in dividends, yielding 4.33%. According to a consensus of 18 analysts, the earnings estimate of $0.91 per share would be $0.05 better than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $4.57 is a $0.02 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $6.29 Billion. If realized, that would be a 13.13% increase over the year-ago quarter. In terms of ratings, Wells Fargo downgraded DUK from Outperform to Market Perform (Feb 2, 2016). Previously, BofA/Merrill upgraded DUK from Underperform to Neutral. When considering if the stock is under or overvalued, the average price target is $76.63, which is 1.50% above where the stock opened this morning. See more in (NYSE:DUK) Similar Articles: Stock Update: Duke Energy Corp (NYSE:DUK) – North Carolina solar was hot in 2015; Duke Energy led the charge Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy to announce fourth quarter and year-end 2015 earnings on Feb. 18 Company Update: Duke Energy Corp (NYSE:DUK) – Duke Energy reports third quarter 2015 financial results
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