Jefferies slashes price target on Dominion Energy Inc [D] – find out why.

Dominion Energy Inc [NYSE: D] loss -2.32% on the last trading session, reaching $57.62 price per share at the time.

If compared to the average trading volume of 3.82M shares, D reached a trading volume of 6336372 in the most recent trading day, which is why market watchdogs consider the stock to be active.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Here is what top equities market gurus are saying about 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 $60.62 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 2.85. 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.

Jefferies have made an estimate for Dominion Energy Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 20, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $43 to $54. The new note on the price target was released on May 10, 2024, representing the official price target for Dominion Energy Inc stock. Previously, the target price had yet another raise to $49, while BMO Capital Markets analysts kept a Market Perform rating on D stock. On November 06, 2023, analysts increased their price target for D shares from 45 to 47.

The Average True Range (ATR) for Dominion Energy Inc is set at 1.31, with the Price to Sales ratio for D stock in the period of the last 12 months amounting to 3.39. The Price to Book ratio for the last quarter was 1.85, with the Price to Cash per share for the same quarter was set at 2.29.

Trading performance analysis for D stock

Dominion Energy Inc [D] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.16. With this latest performance, D shares dropped by -1.05% in over the last four-week period, additionally plugging by 12.08% over the last 6 months – not to mention a rise of 40.26% 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 44.72, with the RSI for the last a single of trading hit 39.66, and the three-weeks RSI is set at 47.91 for Dominion Energy Inc [D]. The present Moving Average for the last 50 days of trading for this stock 57.90, while it was recorded at 58.64 for the last single week of trading, and 52.01 for the last 200 days.

Dominion Energy Inc [D]: A deeper dive into fundamental analysis

Dominion Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.58 and a Current Ratio set at 0.74.

Dominion Energy Inc [D]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Dominion Energy Inc posted 0.29/share EPS, while the average EPS was predicted by analysts to be reported at 0.38/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.09. 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 17.40%.

An analysis of Institutional ownership at Dominion Energy Inc [D]

There are presently around $77.11%, or 77.20%% of D stock, in the hands of institutional investors. The top three institutional holders of D stocks are: VANGUARD GROUP INC with ownership of 87.91 million shares, which is approximately 10.496%. BLACKROCK INC., holding 61.27 million shares of the stock with an approximate value of $$3.0 billion in D stocks shares; and BLACKROCK INC., currently with $$2.1 billion in D stock with ownership which is approximately 5.1256%.