Revenue Estimates Analysis of: Devon Energy Corporation (NYSE:DVN)


Devon Energy Corporation (NYSE:DVN) will report its next earnings on Feb 14 – Feb 20 (Est.). The company reported the earnings of $0.09/Share in the last quarter where the estimated EPS by analysts was $0.05/share. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 80%.

Many analysts are providing their Estimated Earnings analysis for Devon Energy Corporation and for the current quarter 24 analysts have projected that the stock could give an Average Earnings estimate of $0.17/share. These analysts have also projected a Low Estimate of $0.03/share and a High Estimate of $0.31/share.

In case of Revenue Estimates, 12 analysts have provided their consensus Average Revenue Estimates for Devon Energy Corporation as 2.81 Billion. According to these analysts, the Low Revenue Estimate for Devon Energy Corporation is 2.48 Billion and the High Revenue Estimate is 3.01 Billion. The company had Year Ago Sales of 2.89 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for DVN to be -77.9%. They are projecting Next Quarter growth of 149.1%. For the next 5 years, Devon Energy Corporation is expecting Growth of 2.57% per annum, whereas in the past 5 years the growth was -24.56% per annum.

Some buy side analysts are also providing their Analysis on Devon Energy Corporation, where 8 analysts have rated the stock as Strong buy, 19 analysts have given a Buy signal, 9 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 34 Analysts reported that the Price Target for Devon Energy Corporation might touch $80 high while the Average Price Target and Low price Target is $49.28 and $32 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Devon Energy Corporation got Downgrade on 6-Sep-16 where investment firm Raymond James Downgrade the stock from Outperform to Mkt Perform.

Devon Energy Corporation closed its last trading session at $42.65 with the loss of -1.15%. The Market Capitalization of the company stands at 22.07 Billion. The Company has 52-week high of $46.52 and 52-week low of $18.07. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -0.57% where SMA50 and SMA200 are -0.21% and 17.15% respectively. The Company Touched its 52-Week High on Dec 1, 2015 and 52-Week Low on Feb 19, 2016.

The Relative Volume of the company is 1.37 and Average Volume (3 months) is 5.58 million. Devon Energy Corporation P/E (price to earnings) ratio is 0 and Forward P/E ratio of 27.31.

The company shows its Return on Assets (ROA) value of -23.9%. The Return on Equity (ROE) value stands at -110.8%. While it’s Return on Investment (ROI) value is -73%.

While looking at the Stock’s Performance, Devon Energy Corporation currently shows a Weekly Performance of -6.1%, where Monthly Performance is 7.61%, Quarterly performance is -5%, 6 Months performance is 16.99% and yearly performance percentage is -6.46%. Year to Date performance value (YTD perf) value is 33.59%. The Stock currently has a Weekly Volatility of 4.07% and Monthly Volatility of 3.84%.