Dominion Energy Inc (NYSE:D) price on Friday, May 10, rose 1.09% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $53.42.
A look at the stock’s price movement, the level at last check in today’s session was $52.84. The PE ratio in trailing twelve months stood at 28.12. Turning to its 52-week performance, $57.02 and $39.18 were the 52-week high and 52-week low respectively. Overall, D moved 8.97% over the past month.
Dominion Energy Inc’s market cap currently stands at around $44.77 billion. The company has a Forward Dividend ratio of 2.67, with its dividend yield at 5.00%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 4.18B for the company’s revenue for the quarter, with a low and high estimate of 3.72B and 4.63B respectively. The average forecast suggests up to a 12.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 15.87B, representing a 10.30% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that D is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
The technical evaluation for the stock shows the PEG ratio is 1.44, with D’s current price about 5.91% and 9.02% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 73.77, while 7-day volatility ratio is 1.68% and 2.29% in the 30-day chart. Further, Dominion Energy Inc (D) has a beta value of 0.60, and an average true range (ATR) of 1.13.
If we refocus on Dominion Energy Inc (NYSE:D), historical trading data shows that trading volumes averaged 5.52 million over the past 3 months. The company’s latest data on shares outstanding shows there are 838.00 million shares.
The 0.13% of Dominion Energy Inc’s shares are in the hands of company insiders while institutional holders own 75.64% of the company’s shares. Current price change has pushed the stock 13.65% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the D stock continues to rise going into the next quarter.
