Should Investors Trust The Upside Potential In Dominion Energy Inc (D)?

Dominion Energy Inc (NYSE:D) currently has a daily average trading volume of 3.77M but it saw 2623580 shares traded in last market. With a market cap of 51.12B USD, the company’s current market price of $60.93 came rising about 1.55 while comparing to the previous closing price of $60.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $60.73 and as low as $39.18. In the recent trading on the day, stock has struck highest price mark of $59.79 while lowest mark touched by it was $60.93.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Hold” in its note to investors issued on September 20, 2024, recommending a price target of $58 for it. BofA Securities upgraded its recommendation for the stock as a “Neutral” from “Underperform” on May 10, 2024 while assigning a price target range of $43-$54. BMO Capital Markets issued its recommendations for the stock as it downgraded the price target for the stock is $49.

Over the week, D’s stock price is moving 0.63% up while it is 6.86% when we observe its performance for the past one month. Year-to-date it is 29.64% up and over the past year, the stock is showing an upside performance of 54.14%.

Currently, Dominion Energy Inc’s total number of outstanding shares is 838.00M. Company’s return on investment (ROI) stands at 2.44% and return on equity (ROE) at 7.43%. It has a price to earnings ratio (P/E ratio) of 32.83 while having a 18.02 of forward P/E ratio. Stock’s beta reads 0.60. Stock has a price to book (P/B) ratio of 1.99 while price to sale or P/S ratio amounts to 3.62. Its return on asset (ROA) is 2.00% on average.