Ovintiv Inc [OVV] stock prices are up 4.68% to $41.12 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OVV shares have gain 8.07% over the last week, with a monthly amount glided 10.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ovintiv Inc [NYSE: OVV] stock has seen the most recent analyst activity on July 01, 2025, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $51 for it. On March 24, 2025, upgrade upgraded it’s rating to Outperform and revised its price target to $57 on the stock. BofA Securities upgraded its rating to a Buy and decreased its price target to $54 on January 13, 2025. Evercore ISI upgraded its rating to Outperform for this stock on June 14, 2024, but kept the price target unchanged to $60. In a note dated April 10, 2024, Barclays initiated an Overweight rating and provided a target price of $69 on this stock.
The stock price of Ovintiv Inc [OVV] has been fluctuating between $29.80 and $49.57 over the past year. Currently, Wall Street analysts expect the stock to reach $52.5 within the next 12 months. Ovintiv Inc [NYSE: OVV] shares were valued at $41.12 at the most recent close of the market. An investor can expect a potential return of 27.68% based on the average OVV price forecast.
Analyzing the OVV fundamentals
The Ovintiv Inc [NYSE:OVV] reported sales of 9.01B for trailing twelve months, representing a drop of -0.87%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.67.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.69 points at the first support level, and at 38.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.08, and for the 2nd resistance point, it is at 43.04.
Ratios To Look Out For
It’s worth pointing out that Ovintiv Inc [NYSE:OVV]’s Current Ratio is 0.43. Also, the Quick Ratio is 0.43, while the Cash Ratio stands at 0.0. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 1.07 and price to earnings (TTM) ratio is 17.52.
Transactions by insiders
Recent insider trading involved NANCE STEVEN W, Director, that happened on Jun 04 ’25 when 5501.0 shares were sold. Director, NANCE STEVEN W completed a deal on Jun 04 ’25 to buy 5501.0 shares.