At the time of writing, Dominion Energy Inc [D] stock is trading at $53.77, up 0.17%. 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 0.34% over the last week, with a monthly amount drifted -7.52%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
On September 20, 2024, Jefferies initiated with a Hold rating and assigned a price target of $58 on the stock. BofA Securities upgraded its rating to a Neutral and increased its price target to $54 on May 10, 2024. BMO Capital Markets downgraded its rating to a Market Perform but $49 remained the price target by the analyst firm on March 11, 2024. Barclays upgraded its rating to Overweight for this stock on November 06, 2023, and upped its price target to $47. In a note dated October 16, 2023, Scotiabank downgraded an Sector Perform rating on this stock and revised its target price from $56 to $46.
For the past year, the stock price of Dominion Energy Inc fluctuated between $43.53 and $61.97. Currently, Wall Street analysts expect the stock to reach $58.6 within the next 12 months. Dominion Energy Inc [NYSE: D] shares were valued at $53.77 at the most recent close of the market. An investor can expect a potential return of 8.98% based on the average D price forecast.
Analyzing the D fundamentals
According to Dominion Energy Inc [NYSE:D], the company’s sales were 14.13B for trailing twelve months, which represents an 0.39% jump. Gross Profit Margin for this corporation currently stands at 0.53% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.56.
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 53.40 points at the first support level, and at 53.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 53.98, and for the 2nd resistance point, it is at 54.19.
Ratios To Look Out For
It is important to note that Dominion Energy Inc [NYSE:D] has a current ratio of 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 3.20, the price to book ratio is 1.73 and price to earnings (TTM) ratio is 19.18.
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.
