Unusual Social Activity Around Dominion Resources (D) Today
Trade-Ideas LLC identified Dominion Resources ( D) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Dominion Resources as such a stock due to the following factors:
- D has 15x the normal benchmarked social activity for this time of the day compared to its average of 1.52 mentions/day.
- D has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $225.3 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in D with the Ticky from Trade-Ideas. See the FREE profile for D NOW at Trade-Ideas
More details on D: Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The stock currently has a dividend yield of 3.9%. D has a PE ratio of 22. Currently there are 7 analysts that rate Dominion Resources a buy, no analysts rate it a sell, and 6 rate it a hold. The average volume for Dominion Resources has been 3.0 million shares per day over the past 30 days. Dominion has a market cap of $43.0 billion and is part of the utilities sector and utilities industry. The stock has a beta of 0.27 and a short float of 2.6% with 4.93 days to cover. Shares are up 6.4% year-to-date as of the close of trading on Tuesday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates Dominion Resources as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, notable return on equity and expanding profit margins. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Highlights from the ratings report include:
- DOMINION RESOURCES INC has improved earnings per share by 42.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, DOMINION RESOURCES INC increased its bottom line by earning $3.21 versus $2.24 in the prior year. This year, the market expects an improvement in earnings ($3.80 versus $3.21).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Multi-Utilities industry. The net income increased by 46.9% when compared to the same quarter one year prior, rising from $243.00 million to $357.00 million.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Multi-Utilities industry and the overall market, DOMINION RESOURCES INC's return on equity exceeds that of both the industry average and the S&P 500.
- 41.08% is the gross profit margin for DOMINION RESOURCES INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 13.96% is above that of the industry average.
- D, with its decline in revenue, slightly underperformed the industry average of 4.8%. Since the same quarter one year prior, revenues fell by 13.1%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- You can view the full Dominion Resources Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
