Home / Street Sector / Stocks Highjack By Analysts Estimates: Devon Energy Corporation (NYSE:DVN), Goldcorp Inc. (NYSE:GG)

Stocks Highjack By Analysts Estimates: Devon Energy Corporation (NYSE:DVN), Goldcorp Inc. (NYSE:GG)

Devon Energy Corporation (NYSE:DVN) [Trend Analysis] surged reacts as active mover, shares an increase 14.63% to traded at $48.33 and the percentage gap between open changing to regular change was 10.82%. The DVN held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The DVN ratings chart showed that 12 gave HOLD ratings for the current month as 5 analysts opting for Overweight option for same period. For stocks’ current month, 21 analysts opted for BUY ratings as compared to 1 opting for SELL in the same period. The stock price target chart showed average price target of 49.36 as compared to current price of 48.33.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.28 and on annual basis FY 2016 estimate trends at current was for $-0.13 as compared to one month ago of $-0.24, and for next year per share earnings estimates have $1.45.

The firm’s current ratio calculated as 1.60 for the most recent quarter. The firm past twelve months price to sales ratio was 2.44 and price to cash ratio remained 10.61. As far as the returns are concern, the return on equity was recorded as -110.80% and return on investment was -73.00% while its return on asset stayed at -23.90%. The firm has total debt to equity ratio measured as 1.94.

Goldcorp Inc. (NYSE:GG) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.86% to close at $13.19 with the total traded volume of 9.2 Million shares. Lets us look over what analysts have to say about performance of the GG. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.12 as compared to the next year Q1 current trend of $0.15. While on annual basis the current EPS estimates trend for FY 2017 came in for $0.60 as compared to three months ago $0.63.

The stock prices target chart showed high target of 23.50 kept by analysts at WSJ while the average price target was for 19.58 as compared to current price of 13.19. Somehow, the stock managed to gain BUY ratings by 12 analysts in current tenure as 3 analysts having overweight ratings, 9 recommend as HOLD and 1 gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.

The firm has institutional ownership of 68.80%, while insider ownership included 0.20%. Its price to sales ratio ended at 3.06. GG attains analyst recommendation of 2.30 with week performance of -2.30%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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