A share price of Ovintiv Inc [OVV] is currently trading at $38.53, down -1.56%. 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 lost -2.80% over the last week, with a monthly amount drifted -0.98%, and not 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 August 18, 2025, when Morgan Stanley downgraded its rating to a Equal-Weight but kept the price target unchanged to $48 for it. Previously, Goldman upgraded its rating to Buy on July 01, 2025, and kept the price target unchanged to $51. BMO Capital Markets upgraded its rating to a Outperform and increased its price target to $57 on March 24, 2025. BofA Securities upgraded its rating to a Buy and reduced its price target to $54 on January 13, 2025. In a note dated June 14, 2024, Evercore ISI upgraded an Outperform rating on this stock but restated the target price of $60.
Ovintiv Inc experienced fluctuations in its stock price throughout the past year between $29.80 and $47.18. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. Ovintiv Inc [NYSE: OVV] shares were valued at $38.53 at the most recent close of the market. An investor can expect a potential return of 34.96% based on the average OVV price forecast.
Analyzing the OVV fundamentals
Trailing Twelve Months sales for Ovintiv Inc [NYSE:OVV] were 9.04B which represents 1.49% growth. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. 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 0.64.
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 38.12 points at the first support level, and at 37.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.16, and for the 2nd resistance point, it is at 39.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ovintiv Inc [NYSE:OVV] is 0.43. Also, the Quick Ratio is 0.43, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 1.10, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 17.05.
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.