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The place Devon Power Stands With Analysts – Devon Power (NYSE:DVN)


Devon Power DVN underwent evaluation by 16 analysts within the final quarter, revealing a spectrum of viewpoints from bullish to bearish.

The desk beneath gives a condensed view of their current rankings, showcasing the altering sentiments over the previous 30 days and evaluating them to the previous months.

Bullish Considerably Bullish Detached Considerably Bearish Bearish
Whole Scores 4 7 5 0 0
Final 30D 1 0 0 0 0
1M In the past 1 2 1 0 0
2M In the past 1 2 2 0 0
3M In the past 1 3 2 0 0

Analysts present deeper insights via their assessments of 12-month worth targets, revealing a mean goal of $47.0, a excessive estimate of $55.00, and a low estimate of $42.00. Observing a downward development, the present common is 2.08% decrease than the prior common worth goal of $48.00.

price target chart

Breaking Down Analyst Scores: A Detailed Examination

The evaluation of current analyst actions sheds mild on the notion of Devon Power by monetary consultants. The next abstract presents key analysts, their current evaluations, and changes to rankings and worth targets.

Analyst Analyst Agency Motion Taken Ranking Present Worth Goal Prior Worth Goal
Scott Gruber Citigroup Lowers Purchase $43.00 $46.00
Devin McDermott Morgan Stanley Lowers Obese $47.00 $51.00
Scott Gruber Citigroup Lowers Purchase $46.00 $48.00
Arun Jayaram JP Morgan Lowers Impartial $42.00 $48.00
John Freeman Raymond James Lowers Outperform $46.00 $54.00
Mark Lear Piper Sandler Raises Obese $55.00 $54.00
Biju Perincheril Susquehanna Raises Optimistic $52.00 $50.00
Neal Dingmann Truist Securities Raises Maintain $44.00 $42.00
Subash Chandra Benchmark Maintains Purchase $44.00 $44.00
Betty Jiang Barclays Raises Equal-Weight $44.00 $43.00
Mark Lear Piper Sandler Raises Obese $54.00 $53.00
John Freeman Raymond James Raises Outperform $54.00 $53.00
Bob Brackett Bernstein Maintains Outperform $45.00 $45.00
Subash Chandra Benchmark Maintains Purchase $44.00 $44.00
Neal Dingmann Truist Securities Lowers Maintain $42.00 $43.00
Scott Hanold RBC Capital Maintains Sector Carry out $50.00 $50.00

Key Insights:

  • Motion Taken: Analysts reply to adjustments in market situations and firm efficiency, often updating their suggestions. Whether or not they ‘Keep’, ‘Increase’ or ‘Decrease’ their stance, it displays their response to current developments associated to Devon Power. This data gives a snapshot of how analysts understand the present state of the corporate.
  • Ranking: Unveiling insights, analysts ship qualitative insights into inventory efficiency, from ‘Outperform’ to ‘Underperform’. These rankings convey expectations for the relative efficiency of Devon Power in comparison with the broader market.
  • Worth Targets: Analysts set worth targets as an estimate of a inventory’s future worth. Evaluating the present and prior worth targets supplies perception into how analysts’ expectations have modified over time. This data could be helpful for traders in search of to grasp consensus views on the inventory’s potential future efficiency.

Seize helpful insights into Devon Power’s market standing by understanding these analyst evaluations alongside pertinent monetary indicators. Keep knowledgeable and make strategic choices with our Scores Desk.

Keep updated on Devon Power analyst rankings.

Get to Know Devon Power Higher

Devon Power is an oil and gasoline producer with acreage in a number of high US shale performs. Whereas roughly two thirds of its manufacturing comes from the Permian Basin, it additionally holds a significant presence within the Anadarko, Eagle Ford, and Bakken basins. On the finish of 2024, Devon reported web proved reserves of two.2 billion barrels of oil equal. Web manufacturing averaged roughly 848,000 barrels of oil equal per day in 2024 at a ratio of 73% oil and pure gasoline liquids and 27% pure gasoline.

Key Indicators: Devon Power’s Monetary Well being

Market Capitalization: Positioned above business common, the corporate’s market capitalization underscores its superiority in dimension, indicative of a powerful market presence.

Income Progress: Devon Power’s income progress over a interval of three months has been noteworthy. As of 31 December, 2024, the corporate achieved a income progress fee of roughly 6.22%. This means a considerable improve within the firm’s top-line earnings. As in comparison with its friends, the income progress lags behind its business friends. The corporate achieved a progress fee decrease than the common amongst friends in Power sector.

Web Margin: Devon Power’s web margin surpasses business requirements, highlighting the corporate’s distinctive monetary efficiency. With a powerful 14.51% web margin, the corporate successfully manages prices and achieves robust profitability.

Return on Fairness (ROE): Devon Power’s ROE stands out, surpassing business averages. With a powerful ROE of 4.44%, the corporate demonstrates efficient use of fairness capital and robust monetary efficiency.

Return on Belongings (ROA): Devon Power’s monetary energy is mirrored in its distinctive ROA, which exceeds business averages. With a outstanding ROA of 2.1%, the corporate showcases environment friendly use of belongings and robust monetary well being.

Debt Administration: Devon Power’s debt-to-equity ratio is beneath the business common at 0.63, reflecting a decrease dependency on debt financing and a extra conservative monetary method.

Understanding the Relevance of Analyst Scores

Scores come from analysts, or specialists inside banking and monetary techniques that report for particular shares or outlined sectors (sometimes as soon as per quarter for every inventory). Analysts normally derive their data from firm convention calls and conferences, monetary statements, and conversations with vital insiders to achieve their choices.

Some analysts may also supply forecasts for metrics like progress estimates, earnings, and income to offer additional steerage on shares. Traders who use analyst rankings ought to notice that this specialised recommendation comes from people and could also be topic to error.

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This text was generated by Benzinga’s automated content material engine and reviewed by an editor.

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Momentum21.47

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