In the most recent session, Devon Energy Corporation (NYSE:DVN) shares have traded +0.72%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-0.50 away from the 50-day moving average of $42.25 and $-2.02 away from the 200-day moving average of $43.77. From a different angle, the stock has been recently recorded -17.64% off of the 52-week high of 50.69 and +63.41% removed from the 52-week low of 25.55.
Currently, Devon Energy Corporation Common has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 9.23.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $53.50 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.
Analog Devices, Inc. (NASDAQ:ADI) shares have a current ABR (average broker recommendation) of 1.69. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.
Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Analog Devices, Inc. (NASDAQ:ADI). The highest current target is $103. The lowest price target out of the polled analysts is presently $76. The consensus target price is currently noted at $90.294. Analysts may employ various techniques to help predict future stock price levels.
On the earnings front, Analog Devices, Inc. (NASDAQ:ADI) is expected to post quarterly earnings per share of $0.86. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-05-17. Analog Devices, Inc. (NASDAQ:ADI) most recently reported quarterly EPS of $0.94 for the quarter ending 2017-01-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 28.77%.