Comprehensive Stock Analysis Of Devon Energy Corporation (DVN)


Devon Energy Corporation (DVN) will report its next earnings on Oct 31 AMC. The company reported the earnings of $0.46/Share in the last quarter where the estimated EPS by analysts was $0.38/share. The difference between the expected and actual EPS was $0.08/share, which represents an Earnings surprise of 21.1%.

Many analysts are providing their Estimated Earnings analysis for Devon Energy Corporation and for the current quarter 26 analysts have projected that the stock could give an Average Earnings estimate of $0.58/share. These analysts have also projected a Low Estimate of $0.38/share and a High Estimate of $0.79/share.

In case of Revenue Estimates, 8 analysts have provided their consensus Average Revenue Estimates for Devon Energy Corporation as 3.49 Billion. According to these analysts, the Low Revenue Estimate for Devon Energy Corporation is 3.13 Billion and the High Revenue Estimate is 3.64 Billion. The company had Year Ago Sales of 2.81 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for DVN to be 132%. They are projecting Next Quarter growth of 26.8%. For the next 5 years, Devon Energy Corporation is expecting Growth of -5.25% per annum, whereas in the past 5 years the growth was -29.46% per annum.

Some buy side analysts are also providing their Analysis on Devon Energy Corporation, where 5 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 2 said it’s a HOLD, 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. Analysts reported that the Price Target for Devon Energy Corporation might touch $63 high while the Average Price Target and Low price Target is $44.71 and $30 respectively.

The Relative Volume of the company is 0.83 and Average Volume (3 months) is 4.7 million. The company’s P/E (price to earnings) ratio is 13.05 and Forward P/E ratio of 17.3.

The company shows its Return on Assets (ROA) value of 5.8%. The Return on Equity (ROE) value stands at 23.2%. While it’s Return on Investment (ROI) value is -18.6%.

While looking at the Stock’s Performance, Devon Energy Corporation currently shows a Weekly Performance of 3.26%, where Monthly Performance is -2.27%, Quarterly performance is 17.44%, 6 Months performance is 20.24% and yearly performance percentage is -19.61%. Year to Date performance value (YTD perf) value is -15.96%. The Stock currently has a Weekly Volatility of 2.82% and Monthly Volatility of 2.42%.