Devon Energy Corporation[DVN] stock saw a move by -0.35% on Thursday, touching 1.85 million. Based on the recent volume, Devon Energy Corporation stock traders appear to be active. The most recent trading volume of DVN shares recorded 412.00M shares, which represents the daily volume of traded shares. Analysts estimates state that Devon Energy Corporation [DVN] stock could reach median target price of $37.00.
Devon Energy Corporation [DVN] stock additionally went up by +4.51% in the period of the 7 days, recording a gain in performance by 10.41% in the last 30 days. The yearly more of DVN stock is set at -36.34% by far, with shares price recording returns by -7.15% in the latest quarter. Over the past six months, DVN shares showcased 12.88% increase. DVN saw -36.99% change opposing the low price in the last 12 months, also recording 41.09% compared to high within the same period of time.
Devon Energy Corporation [NYSE:DVN]: Analyst Rating and Earnings
Expert stock traders often make certain they pay attention what leading Wall Street analysts think regarding a potential stock purchase. As it relates to Devon Energy Corporation [DVN] currently, the latest ratings from Wall St. experts that can be seen publicly is related to the fiscal quarter that’s scheduled to end 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 45.61. This is compared to its latest closing price of $28.84.
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 2.19. This is compared to 1 month ago, when its average rating was 2.16.
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.
Pay attention to the next-scheduled financial results for this company to be released, which is slated for Tue 6 Aug (In 26 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 Net Margin is now 29.20%. These measurements indicate that Devon Energy Corporation [DVN] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
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 all suggest that Devon Energy Corporation is doing well at using the money it earns to generate returns.
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 5.37 and its Total Debt to EBITDA Value is 2.12. The Enterprise Value to Sales for this firm is now 1.49, 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 4.73. 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 412.00M shares outstanding, amounting to a total market cap of $11.88B. Its stock price has been found in the range of 20.37 to 45.61. At its current price, it has moved down by -36.99% from its 52-week high, and it has moved up 41.09% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 56.39. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Devon Energy Corporation [DVN] a Reliable Buy?
Shares of Devon Energy Corporation [DVN], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.