Understanding the Recent Fluctuations of DTE Energy Co’s (DTE) Stock

In the past week, DTE stock has gone up by 1.34%, with a monthly decline of -4.91% and a quarterly plunge of -1.33%. The volatility ratio for the week is 1.60%, and the volatility levels for the last 30 days are 1.93% for DTE Energy Co The simple moving average for the last 20 days is -0.59% for DTE stock, with a simple moving average of 4.65% for the last 200 days.

Is It Worth Investing in DTE Energy Co (NYSE: DTE) Right Now?

DTE Energy Co (NYSE: DTE) has a price-to-earnings ratio that is above its average at 16.48x. The stock has a 36-month beta value of 0.69. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 1 as “sell.”

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The public float for DTE is 206.41M, and at present, short sellers hold a 1.07% of that float. On November 20, 2024, the average trading volume of DTE was 1.15M shares.

DTE) stock’s latest price update

DTE Energy Co (NYSE: DTE)’s stock price has plunge by 0.98relation to previous closing price of 120.50. Nevertheless, the company has seen a 1.34% surge in its stock price over the last five trading sessions. zacks.com reported 2024-11-18 that Investors interested in Utility – Electric Power stocks are likely familiar with DTE Energy (DTE) and NextEra Energy (NEE). But which of these two stocks is more attractive to value investors?

Analysts’ Opinion of DTE

Many brokerage firms have already submitted their reports for DTE stocks, with Jefferies repeating the rating for DTE by listing it as a “Hold.” The predicted price for DTE in the upcoming period, according to Jefferies is $137 based on the research report published on October 21, 2024 of the current year 2024.

Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see DTE reach a price target of $131. The rating they have provided for DTE stocks is “Buy” according to the report published on August 14th, 2024.

Guggenheim gave a rating of “Neutral” to DTE, setting the target price at $111 in the report published on January 22nd of the current year.

DTE Trading at -2.46% 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 -7.58% of loss for the given period.

Volatility was left at 1.93%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares sank -5.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.08% lower at present.

During the last 5 trading sessions, DTE rose by +1.34%, which changed the moving average for the period of 200-days by +17.09% in comparison to the 20-day moving average, which settled at $122.41. In addition, DTE Energy Co saw 10.36% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at DTE starting from Lauer Trevor F, who sale 3,500 shares at the price of $115.07 back on Jun 05 ’24. After this action, Lauer Trevor F now owns 59,475 shares of DTE Energy Co, valued at $402,738 using the latest closing price.

Muschong Lisa A., the VP, Corp Sec & Chief of Staff of DTE Energy Co, sale 1,198 shares at $116.61 during a trade that took place back on Jun 03 ’24, which means that Muschong Lisa A. is holding 4,271 shares at $139,701 based on the most recent closing price.

Stock Fundamentals for DTE

Current profitability levels for the company are sitting at:

  • 0.17 for the present operating margin
  • 0.28 for the gross margin

The net margin for DTE Energy Co stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 13.61, with 3.27 for asset returns.

Based on DTE Energy Co (DTE), the company’s capital structure generated 0.68 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 2.12. The interest coverage ratio of the stock is 2.29.

Currently, EBITDA for the company is 4.02 billion with net debt to EBITDA at 5.91. When we switch over and look at the enterprise to sales, we see a ratio of 3.97. The receivables turnover for the company is 7.66for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.

Conclusion

To sum up, DTE Energy Co (DTE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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