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The price of Devon Energy Corp (NYSE: DVN) closed at $31.47 in the last session, up 1.25% from day before closing price of $31.08. In other words, the price has increased by $1.25 from its previous closing price. On the day, 6.47 million shares were traded. DVN stock price reached its highest trading level at $31.655 during the session, while it also had its lowest trading level at $30.95.
Ratios:
We take a closer look at DVN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.60.
On January 14, 2025, The Benchmark Company Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $44.
Wolfe Research Upgraded its Peer Perform to Outperform on January 03, 2025, while the target price for the stock was maintained at $45.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 07 ’24 when Cashion Tana K sold 20,000 shares for $51.04 per share. The transaction valued at 1,020,800 led to the insider holds 104,182 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DVN now has a Market Capitalization of 20245563392 and an Enterprise Value of 29063002112. As of this moment, Devon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.88, and their Forward P/E ratio for the next fiscal year is 7.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 1.916 whereas that against EBITDA is 3.933.
Stock Price History:
The Beta on a monthly basis for DVN is 1.07, which has changed by -0.4029596 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, DVN has reached a high of $52.76, while it has fallen to a 52-week low of $25.89. The 50-Day Moving Average of the stock is -7.25%, while the 200-Day Moving Average is calculated to be -17.51%.
Shares Statistics:
According to the various share statistics, DVN traded on average about 10.08M shares per day over the past 3-months and 10901730 shares per day over the past 10 days. A total of 650.70M shares are outstanding, with a floating share count of 615.94M. Insiders hold about 5.09% of the company’s shares, while institutions hold 73.80% stake in the company. Shares short for DVN as of 1743379200 were 16434214 with a Short Ratio of 1.63, compared to 1740700800 on 17918441. Therefore, it implies a Short% of Shares Outstanding of 16434214 and a Short% of Float of 2.8800000999999997.
Dividends & Splits
The forward annual dividend rate for DVN is 1.12, which was 1.45 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0466538The stock’s 5-year Average Dividend Yield is 5.15. The current Payout Ratio is 31.80% for DVN, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2004-11-16 when the company split stock in a 2:1 ratio.
