The stock of Dominion Energy Inc. (NYSE:D) decreased by -$0.6 on Monday to finish at $48.99, down -1.21 percent. The last five days have seen an average of 4,628,780 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$12.33. The average number of shares traded over the last 20 days was 3,777,840, while the average volume over the last 50 days totaled 4,032,962.
D stock dropped -6.93% since last month. On 08/08/23, the company’s shares reached a one-month low of $48.32. The stock touched a high of $86.28 on 01/04/23, after rallying from a low of $48.32 in 52 weeks. The price of D stock has declined by -20.11% or -$12.33 this year, reaching a new high 2 times. Still, the stock price is down -43.22% from the 52-week high.
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Insider Transactions
D stock investors should be aware that Dominion Energy Inc. (D) stock had its last reported insider trading activity 75 days ago on Jun 01. On Jun 01, Exec. Vice President and COO Leopold Diane sold 6,250 shares at $49.16 each. This transaction resulted in the insider making $307,251. On Dec 01, Leopold Diane sold 6,250 shares at a price of US$60.41. After the transaction, the insider now owns 98,158 shares.
Valuation Metrics
Dominion Energy Inc. (D) has a trailing price-to-earnings (P/E) ratio of 18.16. Beta for the stock is 0.47. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.25, the price-to-book (PB) ratio of 1.54.
Company paid $0.6675 per share in dividends, remained unchanged from $0.6675 last year.
Financial Health
For the three months ended June 29, Dominion Energy Inc.’s quick ratio was 0.40, while its current ratio was 0.60, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.47, and the total debt to equity ratio is 1.82. As far as profitability goes, gross margin for the trailing twelve months is 99.70% percent. Dominion Energy Inc.’s EBITDA margin for the year ended June 29 was 41.91%, whereas its operating margin stood at 16.90% for the same period. Based on annual data, it had gross profit of $1.6 billion and revenue of $17.17 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. D’s return on assets (ROA) during the last 12 months has been 2.10%. There was a 2.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 8.50%.
Earnings Surprise
According to Dominion Energy Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.79 billion, while revenues rose by 5.22% to $5.25 billion. It was predicted that Dominion Energy Inc.’s quarterly earnings would be $0.53, but it ended up being $0.47, beating the consensus by 12.80%. EBITDA was $1.48 billion for the quarter. At the end of Dominion Energy Inc.’s most recent quarter ended June 29, its liabilities totaled 77.64 billion, while its total debt was $48.98 billion. Equity owned by shareholders amounts to $836.77 million.
Technical Picture
Here’s a quick look at Dominion Energy Inc.’s (D) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 27.62%, suggesting the stock is oversold, with a 21.02% historical volatility rate.
The stochastic %K and %D were 18.17% and 20.04% respectively, while the average true range (ATR) was 1.10. Based on the 14-day stochastic reading of 10.44%, the RSI (14) reading is 32.92%. On the 9-day MACD Oscillator, the stock is at -0.39, and the 14-day reading is at -1.66.
Analyst Ratings
Analysts have assigned Dominion Energy Inc. (D) an Hold rating. D is a stock that is recommended for selling by 0 brokerage firms, while 12 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 4 others recommend it as a buy.
What is D’s price target for the next 12 months?
The current consensus forecast for the stock is between $44.00 and $71.00, with a median target price of $55.00. In analyzing these forecasts, the average price target given by analysts for Dominion Energy Inc. (D) is $56.42.
