A share price of Dominion Energy Inc [D] is currently trading at $54.40, up 1.00%. An important factor to consider is whether the stock is rising or falling in short-term value. The D shares have gain 1.17% over the last week, with a monthly amount drifted -5.13%, and not seem to be holding up well over a long-time horizon.
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.
Dominion Energy Inc experienced fluctuations in its stock price throughout the past year 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 $54.40 at the most recent close of the market. An investor can expect a potential return of 7.72% based on the average D price forecast.
Analyzing the D fundamentals
Trailing Twelve Months sales for Dominion Energy Inc [NYSE:D] were 14.13B which represents 0.39% growth. 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. 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 54.02 points at the first support level, and at 53.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.69, and for the 2nd resistance point, it is at 54.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dominion Energy Inc [NYSE:D] is 0.74. On the other hand, the Quick Ratio is 0.58, and the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 3.23, the price to book ratio is 1.75 and price to earnings (TTM) ratio is 19.40.
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.
