Stock To Watch: Dominion Resources, Inc. (NYSE:D)


The leading market experts have placed a mean price target of $80.27 on Dominion Resources, Inc. (NYSE:D) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.00 a share for the upcoming quarter and $3.79 for the current fiscal.

Technical View

The technical analysis of Dominion Resources, Inc. Common plainly substantiates that the 50-day moving average of Dominion Resources, Inc. Common is $76.88, and stock is trading $-2.01 points away or -2.61% from its 50-day moving average of $76.88. Further it is trading $1.80 or +2.46% away its 200-day moving average of $73.07. Dominion Resources, Inc. (NYSE:D) 52-week high is $78.97 and the 52-week low is $64.54.

This explains if the stock moves $-4.10, it will post a 52-week high. In event of +16.01% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Dominion Resources, Inc. Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Dominion Resources, Inc. (NYSE:D) ratio came in at 23.35.

The stock last ended the trading session at $74.87 and registered a market cap of $46.85B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Dominion Resources, Inc. (NYSE:D) PEG ratio is at 3.30.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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