The stock of Dominion Energy Inc (D) has gone up by 4.22% for the week, with a 15.97% rise in the past month and a -2.91% drop in the past quarter. The volatility ratio for the week is 2.47%, and the volatility levels for the past 30 days are 2.65% for D. The simple moving average for the last 20 days is 7.24% for D’s stock, with a simple moving average of -9.39% for the last 200 days.
Is It Worth Investing in Dominion Energy Inc (NYSE: D) Right Now?
The price-to-earnings ratio for Dominion Energy Inc (NYSE: D) is above average at 23.71x. The 36-month beta value for D is also noteworthy at 0.58. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for D is $48.92, which is $2.51 above than the current price. The public float for D is 835.54M, and at present, short sellers hold a 1.13% of that float. The average trading volume of D on November 21, 2023 was 6.22M shares.
D) stock’s latest price update
The stock of Dominion Energy Inc (NYSE: D) has decreased by -0.75 when compared to last closing price of 46.76.Despite this, the company has seen a gain of 4.22% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-20 that Dominion Energy has underperformed the utility sector and stock market over the past 1-, 3-, 5-, and 10-year periods. The stock’s high dividend yield suggests relatively high risk. It recently maintained its dividend per share for 8 consecutive quarters, and its payout ratio is stretched, making it a risky investment for investors, especially those who focus on income.
Analysts’ Opinion of D
Many brokerage firms have already submitted their reports for D stocks, with Barclays repeating the rating for D by listing it as a “Overweight.” The predicted price for D in the upcoming period, according to Barclays is $47 based on the research report published on November 06, 2023 of the current year 2023.
D Trading at 5.52% from the 50-Day Moving Average
After a stumble in the market that brought D to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.42% of loss for the given period.
Volatility was left at 2.65%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +17.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.88% lower at present.
During the last 5 trading sessions, D rose by +4.22%, which changed the moving average for the period of 200-days by -22.97% in comparison to the 20-day moving average, which settled at $43.62. In addition, Dominion Energy Inc saw -24.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at D starting from STORY SUSAN N, who purchase 54 shares at the price of $53.70 back on Jun 20. After this action, STORY SUSAN N now owns 22,162 shares of Dominion Energy Inc, valued at $2,900 using the latest closing price.
Leopold Diane, the Exec. Vice President and COO of Dominion Energy Inc, sale 6,250 shares at $49.16 during a trade that took place back on Jun 01, which means that Leopold Diane is holding 100,115 shares at $307,251 based on the most recent closing price.
Stock Fundamentals for D
Current profitability levels for the company are sitting at:
- +23.79 for the present operating margin
- +52.36 for the gross margin
The net margin for Dominion Energy Inc stands at +5.74. The total capital return value is set at 5.67, while invested capital returns managed to touch 1.47. Equity return is now at value 8.02, with 2.17 for asset returns.
Based on Dominion Energy Inc (D), the company’s capital structure generated 165.82 points at debt to equity in total, while total debt to capital is 62.38. Total debt to assets is 44.35, with long-term debt to equity ratio resting at 151.08. Finally, the long-term debt to capital ratio is 53.20.
When we switch over and look at the enterprise to sales, we see a ratio of 5.05, with the company’s debt to enterprise value settled at 0.47. The receivables turnover for the company is 5.80 and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
In summary, Dominion Energy Inc (D) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.