Is There Any Stopping This Stock After Touching a New High: DTE Energy Company (NYSE:DTE)

DTE Energy Company (NYSE:DTE) stock has seen a rise as of late. Shares have hit a new 52-week high after reaching $114.51 during recent trading action. Investors will be watching to see if the name can maintain momentum heading into the new year.Since the start of the calendar year, DTE Energy Company (NYSE:DTE)’s stock has changed 15.97%. Over the last five trading sessions, the stock has moved 2.38%. For the past month, DTE Energy Company’s stock has been 3.96%, 4.64% for the last quarter, 9.01% for the past six months and 25.58% for the past 52 weeks.

Based on current stock levels, DTE Energy Company shares are trading 0.16% off of the 50-day high and 7.81% away from the 50-day low.

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a useful indicator of a company’s profitability. EPS is typically considered to be the most important variable in determining a share’s price. DTE Energy Company (NYSE:DTE)’s EPS growth this year is 19.40% and the trailing 12-month EPS is $5.47. Covering sell-side analysts are estimating company growth for next year to be 3.44%. On a consensus basis, analysts have given a recommendation of 2.50 on company shares.

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