DTE Energy Company (NYSE:DTE) went up by 0.81% from its latest closing price compared to the recent 1-year high of $140.23. The company’s stock price has collected 3.36% of gains in the last five trading sessions.
Is It Worth Investing in DTE Energy Company (NYSE :DTE) Right Now?
DTE Energy Company (NYSE:DTE) scored a price-to-earnings ratio above its average ratio, recording 32.82 x from its present earnings ratio. Plus, the 36-month beta value for DTE is at 0.62. Opinions of the stock are interesting as 11 analysts out of 20 who provided ratings for DTE Energy Company declared the stock was a “buy,” while 0 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $140.22, which is $6.05 above the current price. DTE currently public float of 192.48M and currently shorts hold a 1.24% ratio of that float. Today, the average trading volume of DTE was 967.19K shares.
DTE’s Market Performance
DTE stocks went up by 3.36% for the week, with a monthly jump of 7.08% and a quarterly performance of 2.47%, while its annual performance rate touched 10.94%. The volatility ratio for the week stands at 1.59% while the volatility levels for the past 30 days are set at 1.71% for DTE Energy Company. The simple moving average for the period of the last 20 days is 4.78% for DTE stocks with a simple moving average of 8.00% for the last 200 days.
Analysts’ Opinion of DTE
Many brokerage firms have already submitted their reports for DTE stocks, with Credit Suisse repeating the rating for DTE by listing it as a “Outperform.” The predicted price for DTE in the upcoming period, according to Credit Suisse is $140 based on the research report published on May 23rd of the current year 2022.
Credit Suisse, on the other hand, stated in their research note that they expect to see DTE reach a price target of $142. The rating they have provided for DTE stocks is “Neutral” according to the report published on April 26th, 2022.
UBS gave a rating of “Neutral” to DTE, setting the target price at $133 in the report published on March 11th of the current year.
DTE Trading at 5.69% from the 50-Day Moving Average
After a stumble in the market that brought DTE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.92% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.59%, as shares surge +7.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.47% upper at present.
During the last 5 trading sessions, DTE rose by +3.36%, which changed the moving average for the period of 200-days by +15.29% in comparison to the 20-day moving average, which settled at $127.69. In addition, DTE Energy Company saw 11.54% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DTE starting from Richard Robert A., who sale 2,900 shares at the price of $130.31 back on Aug 02. After this action, Richard Robert A. now owns 18,046 shares of DTE Energy Company, valued at $377,899 using the latest closing price.
Harris Joi M., the Pres. & COO – DTE Gas Company of DTE Energy Company, sale 1,800 shares at $130.13 during a trade that took place back on Aug 02, which means that Harris Joi M. is holding 8,011 shares at $234,234 based on the most recent closing price.
Stock Fundamentals for DTE
Current profitability levels for the company are sitting at:
- +11.37 for the present operating margin
- +14.23 for the gross margin
The net margin for DTE Energy Company stands at +5.27. Equity return is now at value 8.80, with 1.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.