Could Dominion Energy Inc (D) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, Dominion Energy Inc (NYSE:D) shares traded at $52.99, up 0.68% from the previous session.

D stock price is now -7.72% away from the 50-day moving average and -1.41% away from the 200-day moving average. The market capitalization of the company currently stands at $44.51B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

, while ‘Jefferies’ rates the stock as ‘Hold’

In other news, RIGBY JOSEPH M, Director bought 2,130 shares of the company’s stock on Mar 06 ’24. The stock was bought for $99,998 at an average price of $46.94. Upon completion of the transaction, the Director now directly owns 8,417 shares in the company, valued at $0.45 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’24, Chair, President and CEO BLUE ROBERT M bought 21,735 shares of the business’s stock. A total of $997,891 was incurred on buying the stock at an average price of $45.91. This leaves the insider owning 176,240 shares of the company worth $9.34 million. A total of 0.14% of the company’s stock is owned by insiders.

During the past 12 months, Dominion Energy Inc has had a low of $43.53 and a high of $61.97. As of last week, the company has a debt-to-equity ratio of 1.56, a current ratio of 0.74, and a quick ratio of 0.58. According to the stock market information, the enterprise value for the company is $87129112576, which is based on a 18.90 price-to-earnings ratio, a 1.41 price-to-earnings-growth ratio, and a beta of 0.61. The fifty day moving average price for D is $57.4256 and a two-hundred day moving average price translates $53.7478 for the stock.

The latest earnings results from Dominion Energy Inc (NYSE: D) was released for 2024-09-30. The net profit margin was 16.64% and return on equity was 8.32% for D. The company reported revenue of $3.94 billion for the quarter, compared to $3.81 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.44 percent.

Related Posts