Large-cap Energy company Devon Energy has moved 0.6% so far today on a volume of 5,920,255, compared to its average of 8,399,757. In contrast, the S&P 500 index moved -0.0%.
Devon Energy trades -19.62% away from its average analyst target price of $62.08 per share. The 26 analysts following the stock have set target prices ranging from $47.0 to $81.0, and on average have given Devon Energy a rating of buy.
If you are considering an investment in DVN, you'll want to know the following:
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Devon Energy's current price is 120.2% above its Graham number of $22.66, which implies that at its current valuation it does not offer a margin of safety
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Devon Energy has moved -14.5% over the last year, and the S&P 500 logged a change of 20.4%
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Based on its trailing earnings per share of 9.17, Devon Energy has a trailing 12 month Price to Earnings (P/E) ratio of 5.4 while the S&P 500 average is 15.97
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DVN has a forward P/E ratio of 7.4 based on its forward 12 month price to earnings (EPS) of $6.71 per share
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The company has a price to earnings growth (PEG) ratio of -2.69 — a number near or below 1 signifying that Devon Energy is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 2.93 compared to its sector average of 1.68
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Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States.
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Based in Oklahoma City, the company has 1,800 full time employees and a market cap of $32.02 Billion. Devon Energy currently returns an annual dividend yield of 10.2%.