Dominion Energy Inc (D) Beta Value: Understanding the Market Risk

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The price-to-earnings ratio for Dominion Energy Inc (NYSE: D) is above average at 28.39x. The 36-month beta value for D is also noteworthy at 0.60. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”

The public float for D is 837.06M, and at present, short sellers hold a 1.88% of that float. The average trading volume of D on June 03, 2024 was 5.03M shares.

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D) stock’s latest price update

The stock of Dominion Energy Inc (NYSE: D) has increased by 0.79 when compared to last closing price of 53.50. Despite this, the company has experienced a 2.63% gain in its stock price over the last five trading sessions. 247wallst.com reported 2024-05-31 that If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

D’s Market Performance

D’s stock has risen by 2.63% in the past week, with a monthly rise of 5.42% and a quarterly rise of 20.38%. The volatility ratio for the week is 1.41% while the volatility levels for the last 30 days are 1.50% for Dominion Energy Inc The simple moving average for the past 20 days is 2.18% for D’s stock, with a 14.42% simple moving average for the past 200 days.

Analysts’ Opinion of D

Many brokerage firms have already submitted their reports for D stocks, with BofA Securities repeating the rating for D by listing it as a “Neutral.” The predicted price for D in the upcoming period, according to BofA Securities is $54 based on the research report published on May 10, 2024 of the current year 2024.

BMO Capital Markets, on the other hand, stated in their research note that they expect to see D reach a price target of $49. The rating they have provided for D stocks is “Market Perform” according to the report published on March 11th, 2024.

Barclays gave a rating of “Overweight” to D, setting the target price at $47 in the report published on November 06th of the previous year.

D Trading at 6.54% 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 -1.50% of loss for the given period.

Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +5.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.96% upper at present.

During the last 5 trading sessions, D rose by +2.63%, which changed the moving average for the period of 200-days by +12.80% in comparison to the 20-day moving average, which settled at $52.91. In addition, Dominion Energy Inc saw 14.72% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at D starting from RIGBY JOSEPH M, who purchase 2,130 shares at the price of $46.94 back on Mar 06 ’24. After this action, RIGBY JOSEPH M now owns 8,417 shares of Dominion Energy Inc, valued at $99,998 using the latest closing price.

BLUE ROBERT M, the Chair, President and CEO of Dominion Energy Inc, purchase 21,735 shares at $45.91 during a trade that took place back on Mar 04 ’24, which means that BLUE ROBERT M is holding 176,240 shares at $997,891 based on the most recent closing price.

Stock Fundamentals for D

Current profitability levels for the company are sitting at:

  • 0.24 for the present operating margin
  • 0.56 for the gross margin

The net margin for Dominion Energy Inc stands at 0.12. The total capital return value is set at 0.04. Equity return is now at value 7.73, with 2.08 for asset returns.

Based on Dominion Energy Inc (D), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.51. The interest coverage ratio of the stock is 2.21.

Currently, EBITDA for the company is 6.5 billion with net debt to EBITDA at 6.56. When we switch over and look at the enterprise to sales, we see a ratio of 5.99. The receivables turnover for the company is 6.03for trailing twelve months and the total asset turnover is 0.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.

Conclusion

In summary, Dominion Energy Inc (D) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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