A Few Bright Spots In Dominion Energy Inc (NYSE: D)

Dominion Energy Inc (NYSE:D) currently has a daily average trading volume of 5.53M but it saw 4485754 shares traded in last market. With a market cap of 42.68B USD, the company’s current market price of $50.97 came falling about -0.51 while comparing to the previous closing price of $51.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.90 and as low as $39.18.

Taking a look at 20-day trading activity of Dominion Energy Inc (D) gives us an average price of $49.15, while its current price level is -11.97% below from 52-week high level whereas it is 30.09% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $47.98 while that of 200 days or SMA-200 reads an average of $47.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.43% during that period while stretching the period over a month that decreases to 2.25%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.05 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BMO Capital Markets which downgraded the stock as “Market Perform” in its note to investors issued on March 11, 2024, recommending a price target of $49 for it. Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on November 06, 2023 while assigning a price target range of $45-$47. Scotiabank also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $56 and $46.

Over the week, D’s stock price is moving 4.94% up while it is 9.19% when we observe its performance for the past one month. Year-to-date it is 8.45% up and over the past year, the stock is showing a downside performance of -11.06%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.99 beat the consensus estimate of 0.97 for the same. In next quarter, company is expected to be making quarterly sales of $4.07B as analysts are expecting the sales for current fiscal year at $16.3B and seeing the company making $16.47B in sales next year. Moreover, analysts are in estimates of $4.38B for current-quarter revenue.

Currently, Dominion Energy Inc’s total number of outstanding shares is 838.00M. Company’s return on investment (ROI) stands at 3.12% and return on equity (ROE) at 9.38%. It has a price to earnings ratio (P/E ratio) of 22.28 while having a 15.10 of forward P/E ratio. Stock’s beta reads 0.59. Stock has a price to book (P/B) ratio of 1.66 while price to sale or P/S ratio amounts to 2.65. Its return on asset (ROA) is 2.44% on average.