Devon Energy Corp [NYSE: DVN] jumped around 0.13 points on Tuesday, while shares priced at $34.22 at the close of the session, up 0.38%.
Devon Energy Corp stock is now -25.65% down from its year-to-date (YTD) trading value. DVN Stock saw the intraday high of $34.325 and lowest of $33.71 per share. The company’s 52-week high price is 47.17, which means current price is +32.17% above from all time high which was touched on 02/20/25.
Compared to the average trading volume of 8.02M shares, DVN reached a trading volume of 6179154 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Devon Energy Corp [DVN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DVN shares is $45.66 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DVN stock is a recommendation set at 1.69. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Bernstein have made an estimate for Devon Energy Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 15, 2025. The new note on the price target was released on January 14, 2025, representing the official price target for Devon Energy Corp stock. Previously, the target price had yet another raise to $45, while Wolfe Research analysts kept a Outperform rating on DVN stock.
The Price to Book ratio for the last quarter was 1.52, with the Price to Cash per share for the same quarter was set at 1.92.
How has DVN stock performed recently?
Devon Energy Corp [DVN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.30. With this latest performance, DVN shares gained by 6.11% in over the last four-week period, additionally sinking by -3.14% over the last 6 months – not to mention a rise of 4.55% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DVN stock in for the last two-week period is set at 57.69, with the RSI for the last a single of trading hit 0.89, and the three-weeks RSI is set at 0.96 for Devon Energy Corp [DVN]. The present Moving Average for the last 50 days of trading for this stock 32.81, while it was recorded at 33.56 for the last single week of trading, and 34.65 for the last 200 days.
Devon Energy Corp [DVN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Devon Energy Corp [DVN] shares currently have an operating margin of 24.85% and a Gross Margin at 27.97%. Devon Energy Corp’s Net Margin is presently recorded at 16.86%.
Devon Energy Corp (DVN) Capital Structure & Debt Analysis
According to recent financial data for Devon Energy Corp. ( DVN), the Return on Equity (ROE) stands at 20.88%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 9.98%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Devon Energy Corp’s Return on Invested Capital (ROIC) is 12.12%, showcasing its effectiveness in deploying capital for earnings.
Devon Energy Corp (DVN) Efficiency & Liquidity Metrics
Based on Devon Energy Corp’s (DVN) latest financial statements, the Debt-to-Equity Ratio is 0.62%, indicating its reliance on debt financing relative to shareholder equity.
Devon Energy Corp (DVN) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Devon Energy Corp. (DVN) effectively leverages its workforce, generating an average of $1213043.48 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.08% and a Quick Ratio of 0.99%, indicating strong ability to cover short-term liabilities.
Earnings analysis for Devon Energy Corp [DVN]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DVN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Devon Energy Corp go to 3.85%.
Insider trade positions for Devon Energy Corp [DVN]
There are presently around $77.30%, or 77.94% of DVN stock, in the hands of institutional investors. The top three institutional holders of DVN stocks are: VANGUARD GROUP INC with ownership of 75.71 million shares, which is approximately 12.0939%. BLACKROCK INC., holding 48.9 million shares of the stock with an approximate value of $$2.32 billion in DVN stocks shares; and BLACKROCK INC., currently with $$1.96 billion in DVN stock with ownership which is approximately 6.6089%.
