Duke Energy Stock Piotroski F Score

DUK Stock  USD 96.09  2.42  2.58%   
This module uses fundamental data of Duke Energy to approximate its Piotroski F score. Duke Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Duke Energy. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Duke Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Duke Energy Altman Z Score, Duke Energy Correlation, Duke Energy Valuation, as well as analyze Duke Energy Alpha and Beta and Duke Energy Hype Analysis.
For more information on how to buy Duke Stock please use our How to buy in Duke Stock guide.
  
At this time, Duke Energy's Short and Long Term Debt Total is quite stable compared to the past year. Net Debt is expected to rise to about 84.3 B this year, although the value of Short and Long Term Debt will most likely fall to about 6.3 B. At this time, Duke Energy's Payables Turnover is quite stable compared to the past year. Return On Capital Employed is expected to rise to 0.06 this year, although the value of Operating Cycle will most likely fall to 99.94.
At this time, it appears that Duke Energy's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Duke Energy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Duke Energy is to make sure Duke is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Duke Energy's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Duke Energy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02940.0236
Fairly Up
Pretty Stable
Asset Turnover0.150.1597
Notably Down
Slightly volatile
Gross Profit Margin0.530.2926
Way Up
Slightly volatile
Net Debt84.3 B80.3 B
Sufficiently Up
Slightly volatile
Total Current Liabilities10.2 B17.3 B
Way Down
Slightly volatile
Non Current Liabilities Total120.3 B114.5 B
Sufficiently Up
Slightly volatile
Total Assets93.3 B182 B
Way Down
Slightly volatile
Total Current Assets8.9 B12.8 B
Way Down
Slightly volatile
Total Cash From Operating Activities5.2 B9.9 B
Way Down
Slightly volatile

Duke Energy F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Duke Energy's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Duke Energy in a much-optimized way.

About Duke Energy Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

431.49 Million

At this time, Duke Energy's Common Stock Shares Outstanding is quite stable compared to the past year.

Duke Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Duke Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Duke Energy's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About Duke Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Duke Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Duke Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Duke Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States. The company was founded in 1904 and is headquartered in Charlotte, North Carolina. Duke Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 27605 people.

Duke Energy Investors Sentiment

The influence of Duke Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Duke. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Duke Energy's public news can be used to forecast risks associated with an investment in Duke. The trend in average sentiment can be used to explain how an investor holding Duke can time the market purely based on public headlines and social activities around Duke Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Duke Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Duke Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Duke Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Duke Energy.

Duke Energy Implied Volatility

    
  16.32  
Duke Energy's implied volatility exposes the market's sentiment of Duke Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Duke Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Duke Energy stock will not fluctuate a lot when Duke Energy's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Duke Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Duke Energy's short interest history, or implied volatility extrapolated from Duke Energy options trading.

Pair Trading with Duke Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Duke Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Duke Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Duke Stock

  0.88ED Consolidated Edison Financial Report 2nd of May 2024 PairCorr

Moving against Duke Stock

  0.66PCG-PG Pacific Gas AndPairCorr
  0.63PCG-PI Pacific Gas AndPairCorr
  0.59PCG-PD Pacific Gas AndPairCorr
  0.59PCG-PE Pacific Gas AndPairCorr
  0.58PCG-PH Pacific Gas AndPairCorr
The ability to find closely correlated positions to Duke Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duke Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Duke Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Duke Energy to buy it.
The correlation of Duke Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duke Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duke Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Duke Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Duke Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Duke Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Duke Energy Stock. Highlighted below are key reports to facilitate an investment decision about Duke Energy Stock:

Complementary Tools for Duke Stock analysis

When running Duke Energy's price analysis, check to measure Duke Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Duke Energy is operating at the current time. Most of Duke Energy's value examination focuses on studying past and present price action to predict the probability of Duke Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Duke Energy's price. Additionally, you may evaluate how the addition of Duke Energy to your portfolios can decrease your overall portfolio volatility.
Stocks Directory
Find actively traded stocks across global markets
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Money Managers
Screen money managers from public funds and ETFs managed around the world
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Is Duke Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Duke Energy. If investors know Duke will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Duke Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
4.06
Earnings Share
5.35
Revenue Per Share
37.097
Quarterly Revenue Growth
(0.02)
The market value of Duke Energy is measured differently than its book value, which is the value of Duke that is recorded on the company's balance sheet. Investors also form their own opinion of Duke Energy's value that differs from its market value or its book value, called intrinsic value, which is Duke Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Duke Energy's market value can be influenced by many factors that don't directly affect Duke Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Duke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Duke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Duke Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.