How did Dominion Energy Inc (D) surprise investors with its report?

Dominion Energy Inc [D] stock is trading at $57.59, down -0.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The D shares have gain 0.98% over the last week, with a monthly amount drifted -4.06%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Jefferies started tracking the stock with Hold rating on September 20, 2024, and set its price target to $58. On May 10, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $54 on the stock. BMO Capital Markets downgraded its rating to a Market Perform but stick to its price target of $49 on March 11, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $47 on November 06, 2023. Scotiabank downgraded its rating to Sector Perform for this stock on October 16, 2023, and downed its price target to $46. In a note dated August 23, 2023, Barclays initiated an Equal Weight rating and provided a target price of $52 on this stock.

Dominion Energy Inc [D] stock has fluctuated between $43.53 and $61.97 over the past year. Currently, Wall Street analysts expect the stock to reach $61.54 within the next 12 months. Dominion Energy Inc [NYSE: D] shares were valued at $57.59 at the most recent close of the market. An investor can expect a potential return of 6.86% based on the average D price forecast.

Analyzing the D fundamentals

Dominion Energy Inc [NYSE:D] reported sales of 14.13B for the trailing twelve months, which represents a growth of 0.39%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.56.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 57.13 points at the first support level, and at 56.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.86, and for the 2nd resistance point, it is at 58.14.

Ratios To Look Out For

For context, Dominion Energy Inc’s Current Ratio is 0.74. As well, the Quick Ratio is 0.58, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 3.42, the price to book ratio is 1.85 and price to earnings (TTM) ratio is 20.54.

Transactions by insiders

Recent insider trading involved RIGBY JOSEPH M, Director, that happened on Mar 06 ’24 when 2130.0 shares were purchased. Chair, President and CEO, BLUE ROBERT M completed a deal on Mar 04 ’24 to buy 21735.0 shares. Meanwhile, Exec. Vice President and COO Leopold Diane sold 6250.0 shares on Dec 01 ’23.

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