Alert: Negative Investment/Fundamental Signals (11/24/23)-DTE Energy Co (NYSE: DTE)


Important negative changes in fundamentals have recently occurred for DTE Energy Co (NYSE: DTE): the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2023 decreased significantly.

DTE Energy Co (NYSE: DTE) has recently experienced meaningful negative changes in investment behavior: its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, DTE is expected to continue to be an important Value Builder.

DTE Energy has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. DTE Energy has a neutral Appreciation Score of 55 and a neutral Power Rating of 47, with the Neutral Value Trend Rating the result.

Recent Price Action

DTE Energy Co (NYSE: DTE) stock closed at $105.37 on 11/24/23 after a modest gain of 0.7%. The stock has risen 3.2% during the last week and has performed in line with the market over the last nine months.

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