With 0.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.25 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $16.734 whereas the lowest price it dropped to was $16.36. The 52-week range on DEC shows that it touched its highest point at $17.70 and its lowest point at $10.54 during that stretch. It currently has a 1-year price target of $27.03. With its current market cap of 846.65 million, DEC has annualized dividend of $1.74 while the current yield stands at 10.48%.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DEC was down-trending over the past week, with a drop of -0.89%, but this was up by 8.47% over a month. Three-month performance surged to 41.58% while six-month performance rose 14.83%. The stock gained 11.97% in the past year, while it has lost -0.89% so far this year. A look at the trailing 12-month EPS for DEC yields 3.01 with Next year EPS estimates of 1.60. For the next quarter, that number is 0.51. This implies an EPS growth rate of -81.32% for this year and -5.52% for next year.
Float and Shares Shorts:
At present, 46.86 million DEC shares are outstanding with a float of 44.86 million shares on hand for trading. On 2024-12-13, short shares totaled 1.31 million, which was 257.99999 higher than short shares on 1731628800. In addition to Mr. Robert Russell Hutson Jr. as the firm’s Co-Founder, CEO & Director, Mr. Bradley Grafton Gray serves as its President & CFO.
Institutional Ownership:
Through their ownership of 0.71747 of DEC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DEC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DEC analysts setting a high price target of 27.0 and a low target of 19.0, the average target price over the next 12 months is 23.0. Based on these targets, DEC could surge 62.16% to reach the target high and rise by 14.11% to reach the target low. Reaching the average price target will result in a growth of 38.14% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.63762 being high and -$4.97809 being low. For DEC, this leads to a yearly average estimate of $1.36386.
