Dominion Energy Inc. [D] fell -24.58% so far this year. What now?

Dominion Energy Inc. [NYSE: D] price surged by 1.07 percent to reach at $0.63. The company report on December 15, 2022 that Dominion Energy Releases Updated, TCFD-Aligned Climate Report.

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A sum of 7089740 shares traded at recent session while its average daily volume was at 5.76M shares. Dominion Energy Inc. shares reached a high of $60.18 and dropped to a low of $58.5344 until finishing in the latest session at $59.25.

The one-year D stock forecast points to a potential upside of 19.48. The average equity rating for D stock is currently 2.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Dominion Energy Inc. [D]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for D shares is $73.58 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on D stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Dominion Energy Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on December 07, 2022. The new note on the price target was released on November 17, 2022, representing the official price target for Dominion Energy Inc. stock. Previously, the target price had yet another drop from $72 to $69, while Goldman kept a Neutral rating on D stock. On November 09, 2022, analysts decreased their price target for D shares from 94 to 59.

The Average True Range (ATR) for Dominion Energy Inc. is set at 1.68, with the Price to Sales ratio for D stock in the period of the last 12 months amounting to 3.07. The Price to Book ratio for the last quarter was 1.84.

D Stock Performance Analysis:

Dominion Energy Inc. [D] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.22. With this latest performance, D shares gained by 1.51% in over the last four-week period, additionally sinking by -20.56% over the last 6 months – not to mention a drop of -22.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for D stock in for the last two-week period is set at 43.49, with the RSI for the last a single of trading hit 46.69, and the three-weeks RSI is set at 41.55 for Dominion Energy Inc. [D]. The present Moving Average for the last 50 days of trading for this stock 62.55, while it was recorded at 59.19 for the last single week of trading, and 76.62 for the last 200 days.

Insight into Dominion Energy Inc. Fundamentals:

Dominion Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.70.

D Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for D. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dominion Energy Inc. go to 6.25%.

Dominion Energy Inc. [D] Insider Position Details

There are presently around $35,196 million, or 72.40% of D stock, in the hands of institutional investors. The top three institutional holders of D stocks are: VANGUARD GROUP INC with ownership of 73,953,046, which is approximately 3.888% of the company’s market cap and around 0.14% of the total institutional ownership; BLACKROCK INC., holding 58,954,665 shares of the stock with an approximate value of $3.49 billion in D stocks shares; and STATE STREET CORP, currently with $2.93 billion in D stock with ownership of nearly 3.893% of the company’s market capitalization.

Positions in Dominion Energy Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 718 institutional holders increased their position in Dominion Energy Inc. [NYSE:D] by around 35,744,145 shares. Additionally, 621 investors decreased positions by around 26,709,418 shares, while 253 investors held positions by with 531,564,749 shares. The mentioned changes placed institutional holdings at 594,018,312 shares, according to the latest SEC report filing. D stock had 81 new institutional investments in for a total of 2,456,069 shares, while 138 institutional investors sold positions of 2,549,091 shares during the same period.

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