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Devon Energy Corporation[DVN] stock saw a move by 0.04% on Thursday, touching 7.1 million. Based on the recent volume, Devon Energy Corporation stock traders appear to be active. The most recent trading volume of DVN shares recorded 420.84M shares, which represents the daily volume of traded shares. Analysts estimates state that Devon Energy Corporation [DVN] stock could reach median target price of $38.00.

Devon Energy Corporation [DVN] stock additionally went up by +5.61% in the period of the 7 days, recording a drop in performance by -10.39% in the last 30 days. The yearly more of DVN stock is set at -34.53% by far, with shares price recording returns by -13.89% in the latest quarter. Over the past six months, DVN shares showcased 5.49% increase. DVN saw -42.18% change opposing the low price in the last 12 months, also recording 32.11% compared to high within the same period of time.

Devon Energy Corporation [NYSE:DVN]: Analyst Rating and Earnings

Stock market traders frequently keep their eyes on what Wall Street experts as it relates to a potential investment. For Devon Energy Corporation [DVN], the most recent analyst consensus recommendation available since its latest financial results for the quarter ending in December. On average, stock market experts give DVN an Outperform rating. Its stock price has been found in the range of 20.37 to 46.54. This is compared to its latest closing price of $26.90.

Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Devon Energy Corporation [DVN] is sitting at 2.16. This is compared to 1 month ago, when its average rating was 2.22.

For the quarter ending in Mar-19 Devon Energy Corporation [DVN] generated $2.21 billion in sales. That’s 11.61% lower than the average estimate of $2.5 billion as provided by Wall Street analysts. The three indicators above suggest that on the whole, this stock is not presenting an attractive investment option, as there are too many red flags that don’t point to a high-value ROI.

Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Tue 30 Jul (In 41 Days).

Fundamental Analysis of Devon Energy Corporation [DVN]

Now let’s turn to look at profitability: with a current Operating Margin for Devon Energy Corporation [DVN] sitting at +9.83 and its Gross Margin at +16.24.

This company’s Return on Total Capital is 5.02, and its Return on Invested Capital has reached 7.80%. Its Return on Equity is 8.19, and its Return on Assets is 3.03. These metrics suggest that this Devon Energy Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organization’s capital structure, Devon Energy Corporation [DVN] has generated a Total Debt to Total Equity ratio of 64.74. Similarly, its Total Debt to Total Capital is 39.30, while its Total Debt to Total Assets stands at 30.39. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 62.98, and its Long-Term Debt to Total Capital is 38.23. This company has a healthy balance between its debt and its current holdings, suggesting it is a reliable investment due to its ability to leverage debt in an efficient way.

What about valuation? This company’s Enterprise Value to EBITDA is 5.06 and its Total Debt to EBITDA Value is 2.12. The Enterprise Value to Sales for this firm is now 1.41, and its Total Debt to Enterprise Value stands at 0.40. Devon Energy Corporation [DVN] has a Price to Book Ratio of 1.10, a Price to Cash Flow Ratio of 5.03 and P/E Ratio of 4.43. These metrics all suggest that Devon Energy Corporation is more likely to generate a positive ROI.

Shifting the focus to workforce efficiency, Devon Energy Corporation [DVN] earns $3,492,069 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 7.93 and its Total Asset Turnover is 0.41. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.99 and its Current Ratio is 1.99. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

Devon Energy Corporation [DVN] has 420.84M shares outstanding, amounting to a total market cap of $11.32B. Its stock price has been found in the range of 20.37 to 46.54. At its current price, it has moved down by -42.18% from its 52-week high, and it has moved up 32.11% from its 52-week low.

This stock’s Relative Strength Index (RSI) is at 42.93. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is Devon Energy Corporation [DVN] a Reliable Buy?

Devon Energy Corporation [DVN] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.