It’s still a bull thesis, just subverted: Ovintiv Inc (OVV)

At the time of writing, Ovintiv Inc [OVV] stock is trading at $42.87, up 3.43%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OVV shares have gain 3.80% over the last week, with a monthly amount glided 10.12%, 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 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.

For the past year, the stock price of Ovintiv Inc fluctuated between $29.80 and $47.18. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Ovintiv Inc [NYSE: OVV] shares were valued at $42.87 at the most recent close of the market. An investor can expect a potential return of 16.63% based on the average OVV price forecast.

Analyzing the OVV fundamentals

According to Ovintiv Inc [NYSE:OVV], the company’s sales were 9.04B for trailing twelve months, which represents an 1.49% jump. Gross Profit Margin for this corporation currently stands at 0.55% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.64.

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 41.98 points at the first support level, and at 41.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.33, and for the 2nd resistance point, it is at 43.78.

Ratios To Look Out For

It is important to note that Ovintiv Inc [NYSE:OVV] has a current ratio of 0.43. As well, the Quick Ratio is 0.43, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 1.06 and price to earnings (TTM) ratio is 18.97.

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.

Related Posts

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.