A share price of Devon Energy Corp [DVN] is currently trading at $36.99, up 3.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DVN shares have gain 8.92% over the last week, with a monthly amount glided 4.02%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Bernstein upgraded its rating to Outperform on January 15, 2025, and kept the price target unchanged to $45. On January 14, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $44 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $45 on January 03, 2025. JP Morgan downgraded its rating to a Neutral but $43 remained the price target by the analyst firm on December 05, 2024. Truist downgraded its rating to Hold for this stock on November 07, 2024, and downed its price target to $43.
Devon Energy Corp experienced fluctuations in its stock price throughout the past year between $25.89 and $43.29. Currently, Wall Street analysts expect the stock to reach $45.67 within the next 12 months. Devon Energy Corp [NYSE: DVN] shares were valued at $36.99 at the most recent close of the market. An investor can expect a potential return of 23.47% based on the average DVN price forecast.
Analyzing the DVN fundamentals
Trailing Twelve Months sales for Devon Energy Corp [NYSE:DVN] were 16.75B which represents 5.64% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.19 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
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 36.10 points at the first support level, and at 35.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.57, and for the 2nd resistance point, it is at 38.15.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Devon Energy Corp [NYSE:DVN] is 1.22. Also, the Quick Ratio is 1.13, while the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 1.56 and price to earnings (TTM) ratio is 8.29.
Transactions by insiders
Recent insider trading involved KINDICK KELT, Director, that happened on Aug 11 ’25 when 7685.0 shares were sold. Director, KINDICK KELT completed a deal on Aug 11 ’25 to buy 7685.0 shares.
