Stocks of Devon Energy Corp (NYSE:DVN) traded higher last session on Wall Street, down -0.96% to $33.96.
DVN stock price is now 3.49% away from the 50-day moving average and -8.48% away from the 200-day moving average. The market capitalization of the company currently stands at $21.81B.
With the price target maintained at $45, Bernstein recently Upgraded its rating from Mkt Perform to Outperform for Devon Energy Corp (NYSE: DVN). On January 14, 2025, The Benchmark Company Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $44, while ‘Wolfe Research’ rates the stock as ‘Outperform’
A total of 5.41% of the company’s stock is owned by insiders.
During the past 12 months, Devon Energy Corp has had a low of $25.89 and a high of $49.82. As of last week, the company has a debt-to-equity ratio of 0.62, a current ratio of 1.08, and a quick ratio of 0.99. According to the stock market information, the enterprise value for the company is $29842716672, which is based on a 7.73 price-to-earnings ratio, a 2.23 price-to-earnings-growth ratio, and a beta of 1.11. The fifty day moving average price for DVN is $32.8138 and a two-hundred day moving average price translates $37.1475 for the stock.
The latest earnings results from Devon Energy Corp (NYSE: DVN) was released for 2025-03-31. The net profit margin was 16.86% and return on equity was 20.88% for DVN. The company reported revenue of $4.45 billion for the quarter, compared to $3.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.8 percent.
