Dominion Energy (NYSE:D) Target Lowered by Wells Fargo & Co to $80.00

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Dominion Energy stock has undergone multiple analysts rating changes in the recent past.  Dominion Energy stock Target Lowered by   Wells Fargo & Co on 6/29/2020. In a note to investors, the firm issued a new target price of $80.00. The analysts previously had $82.00 target price. Wells Fargo & Co’s price target would indicate a potential upside of -0.02% from the stock’s previous close.

Shares of Dominion Energy traded up $0.59 on Monday, reaching $80.27. 1617637 shares of the stock traded hands, compared to its average volume of 4237279. Shares of were trading at $80.27 on Monday. The firm’s 50 day moving average is $$81.05 and its 200 day moving average is $81.13.Dominion Energy  has a 12 month low of $79.29 and a 12 month high of $90.89. While on yearly highs and lows, Dominion Energy today has traded high as $80.47 and has touched $79.29 on the downward trend.

Dominion Energy Earnings and What to expect: 

Dominion Energy last issued its earnings data on May 5th, 2020. The utilities provider reported $1.09 earnings per share for the quarter, missing the consensus estimate of $1.10 by $0.01. The firm earned $4.50 billion during the quarter, compared to analysts’ expectations of $4.74 billion. Its quarterly revenue was up 16.5% compared to the same quarter last year. Dominion Energy has generated $4.24 earnings per share over the last year and currently has a price-to-earnings ratio of 36.4. Dominion Energy has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, July 29th, 2020 based off prior year’s report dates.

Earnings for Dominion Energy are expected to grow by 6.47% in the coming year, from $4.33 to $4.61 per share. The P/E ratio of Dominion Energy is 36.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.03. The P/E ratio of Dominion Energy is 36.33, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 29.78. Dominion Energy has a PEG Ratio of 3.89. PEG Ratios above 1 indicate that a company could be overvalued. Dominion Energy has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.26%
  • On 11/5/2019 CEO Diane Leopold Sell 11,500 at average share price of $82.48 which equates to $948,520.00 in money value.
  • On 9/13/2019 Director Michael E Szymanczyk Buy 21,400 at average price of  $78.85 with total value of : Not Data Available
  • On 9/12/2019 VP Jeffrey Michael Zeiler Buy 15,112 at average price of  $6.31 with total value of : $95,356.72
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Dominion Energy

  • 6/22/2020 – Dominion Energy had its price target raised by analysts at UBS Group AG from $87.00 to $92.00. They now have a “buy” rating on the stock. ()
  • 6/17/2020 – Dominion Energy had its price target raised by analysts at Morgan Stanley from $84.00 to $85.00. They now have an “equal weight” rating on the stock. ()
  • 6/16/2020 – Dominion Energy had its price target raised by analysts at BMO Capital Markets from $80.00 to $85.00. They now have a “market perform” rating on the stock. ()
  • 6/9/2020 – Dominion Energy is now covered by analysts at Seaport Global Securities. They set a “buy” rating and a $93.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Wells Fargo & Co: 

  • 6/29/2020 – Intercept Pharmaceuticals was downgraded by analysts at Wells Fargo & Co from an “overweight” rating to an “equal weight” rating. They now have a $46.00 price target on the stock, down previously from $146.00. ()
  • 6/29/2020 – ZoomInfo Technologies is now covered by analysts at Wells Fargo & Co. They set an “equal weight” rating and a $55.00 price target on the stock. ()
  • 6/29/2020 – Corelogic was downgraded by analysts at Wells Fargo & Co from an “overweight” rating to an “equal weight” rating. They now have a $65.00 price target on the stock, up previously from $60.00. ()
  • 6/26/2020 – Carvana had its price target raised by analysts at Wells Fargo & Co from $115.00 to $135.00. They now have an “overweight” rating on the stock. ()
  • See More Analyst Rating at: RATING

Dominion Energy (NYSE:D) Moving Average Technical Analysis

5 day Moving Average is $$81.26 And 5 day price change is -$3.15 (-3.78%)  with average volume for 5 day average is 3,561,759. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $83.86 and 20 day price change is -$5.79 (-6.74%) and average 20 day moving volume is 4,240,755. 50 day moving average is $81.05  and 50 day price change is -$1.41 ( -1.73%)  and with average volume for 50 days is : 3,796,942. 200 day moving average is $81.13  and 200 day price change is $1.56 (1.99%)  and with average volume for 200 days is : 3,668,724.

See More Analyst Rating at: RATING