As of Wednesday close, Dominion Energy Inc.’s (NYSE:D) stock was down -$0.06, moving down -0.12 percent to $49.50. The average number of shares traded per day over the past five days has been 3,609,800 shares. 5 times new highs have been achieved over the past 5 days, with a $1.70 gain in that time frame. In the last twenty days, the average volume was 4,154,990, while in the previous 50 days, it was 3,695,282.
Since last month, D stock retreated -5.35%. Shares of the company fell to $47.41 on 08/23/23, the lowest level in the past month. A 52-week high of $84.45 was reached on 01/04/23 after having rallying from a 52-week low of $47.41. Since the beginning of this year, D’s stock price has dropped by -19.28% or -$11.82, and marked a new high 2 times. However, the stock has declined by -41.39% since its 52-week high.
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D stock investors should be aware that Dominion Energy Inc. (D) stock had its last reported insider trading activity 91 days ago on Jun 01. Leopold Diane, the Exec. Vice President and COO of the company, disposed of 6,250 shares for $49.16 on Jun 01. It resulted in a $307,251 divestment by the insider. Leopold Diane sold 6,250 shares at an average price of $60.41 on Dec 01. The insider now owns 98,158 shares following the transaction.
Valuation Metrics
Right now, Dominion Energy Inc. (D) has a P/E ratio of about 18.35. The stock’s beta is 0.47. Besides these, the trailing price-to-sales (P/S) ratio of 2.24, the price-to-book (PB) ratio of 1.55.
The latest dividend of $0.6675 per share was paid out, remained unchanged from last year’s $0.6675.
Financial Health
In the three months ended June 29, Dominion Energy Inc.’s quick ratio stood at 0.40, while its current ratio was 0.60, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 1.47, and the total debt-to-equity ratio was 1.82. On the profitability front, the trailing twelve-month gross margin is 99.70% percent. In the year ended June 29, EBITDA margin amounted to 41.91%, whereas operating margins totaled 16.90%. Based on annual data, D earned $1.6 billion in gross profit and brought in $17.17 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 2.10%. Return on equity (ROE) for the past 12 months was 8.50%.
In Dominion Energy Inc.’s quarter-end financial report for June 29, it reported total debt of $55.27 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. D’s revenue rose 5.22% to $5.25 billion during the quarter, while net income inched up to $3.79 billion. While analysts expected Dominion Energy Inc. to report $0.47 quarterly earnings, the actual figure was $0.53 per share, beating the consensus estimate by 12.80%. During the quarter, the company generated $1.48 billion in EBITDA. The liabilities of Dominion Energy Inc. were 77.64 billion at the end of its most recent quarter ended June 29, and its total debt was $48.98 billion. The value of shareholders’ equity is $836.77 million.
Technical Picture
This quick technical analysis looks at Dominion Energy Inc.’s (D) price momentum. With a historical volatility rate of 10.21%, the RSI 9-day stood at 55.91% on 30 August.
With respect to its five-day moving average, the current Dominion Energy Inc. price is up by +3.56% percent or $1.70. At present, D shares trade -5.43% below its 20-day simple moving average and -14.74% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.90% below its SMA50 and -20.63% below its SMA200.
Stochastic coefficient K was 66.21% and Stochastic coefficient D was 52.99%, while ATR was 0.85. Given the Stochastic reading of 72.07% for the 14-day period, the RSI (14) reading has been calculated as 48.28%. As of today, the MACD Oscillator reading stands at 0.80, while the 14-day reading stands at 0.81.
Analyst Ratings
Barclays launched its rating on Dominion Energy Inc. (NYSE: D) to an Equal weight in a note to investors on August 23, 2023. Dominion Energy Inc. (D) has been rated Hold by analysts. According to 0 brokerage firms, D is a sell, and 13 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Dominion Energy Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $54.75, the current consensus forecast for the stock is $44.00 – $71.00. Based on these forecasts, analysts predict Dominion Energy Inc. (D) will achieve an average price target of $55.61.
