Barclays Reaffirms Buy Rating for Devon Energy (NYSE:DVN)

The firm earned "Buy" rating on Sunday, August 27 by BMO Capital Markets. The company has market cap of $306.24 million. 5,548,983 shares of the stock traded hands, compared to its average volume of 4,961,300. About 1.47M shares traded or 9.96% up from the average. It has outperformed by 33.43% the S&P500.

One of the key things investors look for in a company is the ability to grow earnings at a high compound rate over time.

Devon Energy Corporation insiders have sold a net of -15,053 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook.

Devon Energy Corporation (DVN) have shown a high EPS growth of -26.90% in the last 5 years and has earnings rose of 81.40% yoy.

The stock decreased 0.46% or $0.16 during the last trading session, reaching $34.54. About 3.05 million shares traded. Devon Energy Corporation (DVN) has a market cap of $22.89 billion and over the last 12 months, Devon Energy Corporation (NYSE:DVN) has gone weaker by -6.54%. It has underperformed by 3.46% the S&P500. It has met expectations 0 times and missed earnings 2 times. $2.70 million worth of stock was sold by DUFFY TERRENCE A on Wednesday, August 2. As per Thursday, October 1, the company rating was upgraded by Bernstein. Wells Fargo Mn reported 1.97M shares. First Reserve Gp Xii Limited has 1.34 million shares. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and fifteen have assigned a buy rating to the company's stock. Therefore 67% are positive. Devon Energy Corporation has a consensus rating of "Buy" and a consensus target price of $42.85. Jefferies downgraded the shares of BNKXF in report on Friday, January 20 to "Underperform" rating. On Friday, December 30 the stock rating was initiated by Credit Suisse with "Outperform". Imperial Capital maintained it with "In-Line" rating and $48.50 target in Tuesday, May 3 report. The rating was maintained by Citigroup on Tuesday, November 28 with "Buy". The firm earned "Neutral" rating on Wednesday, January 13 by Seaport Global. The firm has "Buy" rating given on Monday, July 18 by Citigroup. Cowen reaffirmed a "buy" rating and set a $40.00 price objective on shares of Devon Energy in a research report on Thursday, September 28th.

Comparing the number of shares sold short to the float is a method analysts often use to get a reading on investor sentiment. Its up 0.02, from 1.01 in 2017Q2. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. 104 funds opened positions while 332 raised stakes. Fmr Ltd reported 11.72M shares. Duncker Streett & Com Inc invested in 0.02% or 1,478 shares.

Shares of Cypress Semiconductor Corporation (NASDAQ:CY) are making a strong comeback as they have jumped 55.6% since bottoming out on January 23, 2017. In terms of efficiency, OAS has an asset turnover ratio of 0.18. (NASDAQ:CME). 37,564 are owned by Royal Bank & Trust Of Scotland Grp Public Ltd Co. Its down 9.01% from 11.41 million shares, reported previously. Moreover, Sentry Invests has 0.68% invested in Comcast Corporation (NASDAQ:CMCSA). (NASDAQ:CME) for 278,330 shares. Corporate insiders own 0.51% of the company's stock. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.06 per share. (NASDAQ:ECOL). Zurcher Kantonalbank (Zurich Cantonalbank) holds 687 shares. Amer Beacon Advisors holds 1.33% or 1,248 shares. Moreover, Appleton Inc Ma has 0.23% invested in CME Group Inc. (NASDAQ:ECOL). Northern Tru Corp invested 0% in US Ecology, Inc. Commonwealth Of Pennsylvania School Empls Retrmt Sys has invested 0.06% in CME Group Inc. It also upped Apple Inc (NASDAQ:AAPL) stake by 14,130 shares and now owns 211,549 shares.

Investors sentiment decreased to 1 in Q3 2017. Its up 0.02, from 1.1 in 2017Q2. It turned negative, as 55 investors sold DVN shares while 230 reduced holdings. Finally, BlackRock Fund Advisors increased its stake in Devon Energy Corporation by 41.1% in the second quarter. The total dollar value of all 526.98 million outstanding shares is 22.89 billion.

Spok Holdings, Inc., through its subsidiary, Spok, Inc., provides various communications solutions to healthcare, government, and other enterprises in the United States, Europe, Canada, Australia, Asia, and the Middle East. For the next fiscal year, analysts expect that the company will post earnings of $2.47 per share, with EPS estimates ranging from $1.91 to $3.34.

When the current quarter ends, Wall Street expects Devon Energy Corporation to have earnings per share of $0.62. Johnson Invest Counsel invested in 0.96% or 940,441 shares. City Holding has 18,511 shares. Southport Mngmt Lc reported 10,000 shares. Jefferies Group also issued estimates for Devon Energy's Q1 2018 earnings at $0.65 EPS, Q2 2018 earnings at $0.67 EPS, Q3 2018 earnings at $0.72 EPS, Q4 2018 earnings at $0.71 EPS, FY2018 earnings at $2.75 EPS, Q1 2019 earnings at $0.72 EPS, Q2 2019 earnings at $0.75 EPS, Q3 2019 earnings at $0.78 EPS and FY2019 earnings at $3.07 EPS. Barrow Hanley Mewhinney And Strauss Limited has 0.3% invested in Devon Energy Corporation (NYSE:DVN). Deltec Asset Mgmt Ltd reported 479,600 shares stake. Bristol John W And accumulated 3,227 shares.

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