The leading market experts have placed a mean price target of $102.30 on DTE Energy Company (NYSE:DTE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.20 a share for the upcoming quarter and $5.07 for the current fiscal.
The technical analysis of DTE Energy Company Common Stock plainly substantiates that the 50-day moving average of DTE Energy Company Common Stock is $97.56, and stock is trading $-1.18 points away or -1.21% from its 50-day moving average of $97.56. Further it is trading $5.50 or +6.05% away its 200-day moving average of $90.88. DTE Energy Company (NYSE:DTE) 52-week high is $100.45 and the 52-week low is $74.56.
This explains if the stock moves $-4.07, it will post a 52-week high. In event of +29.27% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of DTE Energy Company Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, DTE Energy Company (NYSE:DTE) ratio came in at 23.27.
The stock last ended the trading session at $96.38 and registered a market cap of $17.29B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. DTE Energy Company (NYSE:DTE) PEG ratio is at 3.53.
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