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Duke Energy (DUK) Down by 6%, Can it Bounce Back?

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It has been a month ago since Duke Energy Corporation reported their earnings. During this period, the company lost around 6%. Does this loss mean a possible high in the near future or it is a warning for a possible breakout?

While we make our own conclusion on the recent figures that the company is giving us, it still bests that we look into the most recent earnings of Duke Energy so we can weigh things accurately and properly decide our next possible move.

Q1 of Duke Caused by Favorable Weather

Zacks Consensus’ estimates of the earnings of Duke Energy Corporation have been beaten by its actual earnings of $1.28 per share. Accordingly, this is caused by the normalization of the weather condition and the increase of investments in electric and gas utilities.

Total Revenues

Duke Energy’s earnings for the first quarter is 7.1% higher than the first quarter of 2017 with its $6.14 billion total operating revenue with $5.3 billion coming from electric unit revenues, $0.7 billion from regulated natural gas and $0.15 billion from non-regulated electric revenues.

Segmental Highlights of the Quarter

Electric Utilities and Infrastructure

Lower expenses in income tax, as well as operation and maintenance expenses, have caused the adjusted income of the company to rise at $816 million for the first quarter of this year. Also, the good weather and the high retail revenues also added to this increase.

Gas Utilities and Infrastructure

The $158 million adjusted earnings of the company were driven by the growth in the number of customers and the increase of investments.

Commercial Renewables

The $20 million adjusted earnings of the company for this quarter has made the company decide to lower wind resource in the future as it lower than the reported earnings in the first quarter of the year ago which is amounting to $25 million.

Expenses

The corporate internet expenses have resulted from Duke Energy’s captive insurance and other investments. Also, the adjusted net expenses of Duke this year’s first quarter reached $95 million from $67 million last year.

Financial Condition

Duke Energy had a cash and cash equivalents of $421 million as of March 31, 2018. Its long-term debt is at $49 billion which is almost the same amount with the long-term debt of the previous year.  This year’s first quarter has a net cash of $1,391 million.

Estimate Movements and Guidance

Analysts and investors have witnessed a downtrend in fresh estimates and it also continues its expectations of hitting adjusted earnings of $4.55 to $4.85 per share.

VGM Scores

Currently, DUK has a Growth Score of D, however, its momentum has a lot better performance as it has a score of B.  On the value side, it has a grade of C making it on the middle 20% for investment strategy.  Overall, it has a VGM Score of C making it one of the best stocks to focus on for those who aren’t focused on one strategy.

This stock is more suitable for momentum investors rather than value-hunting investors.

Outlook:

The figures have been showing a downward trending for this stock. However, we are still positive that it will have a shift in the following months and expects an above average return.

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This article was written by @valerie15 and edited by @flashfiction. This article can be found on PROFITRIBES.

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Business

Is The U.S. Winning World War Trade?

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A global trade war

Since late 2017 President Donalt Trump has been threatening and levying tariffs on many of our economic allies. This has caused the global markets to experience volatility similar to the cryptocurrency markets .It is driven bythe uncertainty and FUD being spread by the media to investors, which has effectly created a direct correlation between the presidents actions and market movements. When the first tariffs went into effect the stock market took a masaive dive only to recover and dive again after anothe announcement of tariffs. Such volitility has led to increased fear of losin the trade war, yet it seems like this Tradewar has had far smaller of an effect in the U.S. than abroad.

Donald Trump is winning!!

when he started this trade war the president stated that “trade wars are easy to win” to racous dissent from the pundits and economists. Yet it seems that his confidence in the american economy was not misbegotten, since the trade war has started the stock market overall has been able to make gains on a weekly basis that has led it to approach new highs. Along with a booming stockmarket with companies reporting stellar earnings, the U.S. FED has also stated that interest rates will go up thanks to the stability of the economy. Meanwhile in Europe markets are struggling with various internal issues compounding the effect of trumos tariffs. China isn’t fairing any better with the majority of its stock market seeing red and thier central bank attempting to do currency acrobatics to stem the bleeding.

The end may be near

Now that all the rhetoric has passed it seems to be time for the ice to break and tensions to thaw. On wedensday August 22nd 2018 Chinese and American Officials will meetin to discuss trade terms and seek an end to the globally devastating war. Europe has already chose to come to the table an negotiate on the subject of tariffs so with Chinas apparent concession it seems that donald trup had actually wont the trade war. Maybe the other leaders realized it would be dumb to follow Trump down such a destructive path or maybe the U.S. economy is actually strong enough it could defeath the whole world in a fight!! Whatever the reasons it seems this saga of trumponomics is coming to an end, I dare say im excited to see what the future holds for us.

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Business

3 stocks you’ll thank yourself for buying in 10 years

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stocks to buy

Disruption is a good thing

the world is changing at a breakneck speed and alot of it has to do with the plkethora of disruptive technologies and companies that are emerging in todays market. Everything from the areospace to the financial sector has seen a shake up in the who’s who amongst their ranks. It is frankly an exciting time in on the stock market as the trade wars unfold and earnings season seems to not even flinch. Currently several stocks are recovering from dips that occurred pre earnings season, thanks to the initiation of the USA/China trade war. This presents a tremendous buy opportunity as many of the most valuable stocks are available for great prices.

most of this list will focus on companies that are disrupting their respective fields and possibly extending tendrils into others.

Square will take you to the winners circle

Square(SQ) is a creditcard processingcompany that is takingthe financial services industry by storm. Since this timelast year Square has grown 191%, thanks largely to is popularity being boosted by services like buying and selling bitcoin. They have maintained solid growth even in the face of a floundering bitcoin market and rampant trade war rhetoric. It has proven that is ecommerce platform is here to stay and will continue to grow. Square is still trading below $100 at $72.90 but is likely to surpass that mark by the end of the year. Zacks rates Square as a 42% buy, because its growth could be stagnated by the increasing saturation of the mobile financial services arena.

The trade war casualty

One of the biggest value stocks that has recently been dipping is Alibaba (BABA) Chinas ecommerce giant. Its looking like the fears of escalations have driven retail investors to dump the stock. This dumping is cutting loose the weak hands and soon the Alibaba price will recover and surpass its current highs. With its earnings call around the corner on August 23rd you can rest assured this one is in for a wild ride! If your not into volatility I would suggest waiting until post earnings, but if you get in pre earnings you stand to make a nice earning in a very short period of time! Regardless of the impending pump, Alibaba is a value stock that you should grab and hold for at least 10 years.

One for the dividend lovers

Recently Intel has been taking a backseat to its younger rivals AMD and Nvidia which have both seen gains thanks to recent innovations and the cryptocurrency mining boom, which saw graphics cards sold out nearly world wide. Fortunately for you this has allowed intel to slide a bit, into affordable territory. Intel is a good buy for the long haul because not only does it offer a healthy dividend of 2.33% they also have a variety of new products slated to hit the market soon. Since 1966 Intel has be innovating, so it is very likely they will be around for the long haul. For now Intel is inside just about every computer and many cellular devices, they have such a huge marketshare its hard to miss such a value stock when its practically on sale. This stock is rated a 51% buy and would bea great addittion to any retirement portfolio..

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ICO / Crypto

In a bloodbath be a market vampire

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Cryptocurrency is hemorrhaging and im a hungry vampire

Since the beginning of 2018 the cryptocurrency markent has experienced an epic sell off. Currently 90% of all cryptocurrencies are down atleast 80% from their highs a year ago. Some of you probably think this is the end of Bitcoin, but it is more likely the end of many Shitcoins with inactive platforms or illconcieved concepts. It is likely that over the next few months many coins will begin to get delisted a their values drop below $0.00, only the strong will survive this rapture.

You’ll live if you have an active platform

Platforms like Stellar, Binance, and Steemit are likely to endure through this apocolypse mainly due to their strong platforms and huge fanbases that, not only believe but also work hard to keep the blockchain running as a commnity. The coins that are still hinged upon promises and illusions will fall to oblivion. Take this time to evaluate you portfolia and rid yourself of shitcoins and prepare for the great buying opportunity that is about to present itself.

The long road ahead

The last bitcoin bear market lasted around 14 months and when it ended it still took nearly a year for crypto to really rally in 2017. This recession was an inevitable happenstance that many professional analysts predicted. In 2018 all the rumors were that Bitcoin would drop over 70% before rebounding and surpassing its all time highs. With all this news about institutional investments coming into cryptocurrency It is doubtful that the industry is dead. On the contrary I think it is the beginning of a new period in the crypto economy. Regulation is coming and when that happens the Institutional investors will begin pumping crypto as they build their corporate positions for the future.

### Watch the charts

Right now is not a very good buy situation but it would be a good idea to open positions after BTC droppes below $6000 because a strong rebound is likely. I say that because around $5900 is the mining profitability threshhold. We all know miners control the BTC market so it is a logical pivot and point of support for bullish traders. Try to average into the market and remember that your in it for the long haul.

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