Diversified Energy Company PLC (DEC)
NYSE: DEC · Real-Time Price · USD
15.85
-0.34 (-2.10%)
Nov 22, 2024, 4:00 PM EST - Market closed
DEC Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for DEC stock have an average target of 19.5, with a low estimate of 18 and a high estimate of 21. The average target predicts an increase of 23.03% from the current stock price of 15.85.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for DEC stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $19 → $21 | Strong Buy | Maintains | $19 → $21 | +32.49% | Nov 18, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $20 → $19 | Strong Buy | Maintains | $20 → $19 | +19.87% | Sep 30, 2024 |
| Keybanc | Keybanc | Buy Initiates $18 | Buy | Initiates | $18 | +13.56% | Aug 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $18 → $20 | Strong Buy | Maintains | $18 → $20 | +26.18% | Jul 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Initiates $18 | Strong Buy | Initiates | $18 | +13.56% | Jun 25, 2024 |
Financial Forecast
Revenue This Year
847.95M
from 806.79M
Increased by 5.10%
Revenue Next Year
1.08B
from 847.95M
Increased by 27.48%
EPS This Year
2.75
from 15.95
Decreased by -82.78%
EPS Next Year
3.12
from 2.75
Increased by 13.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 916.1M | 1.2B | 1.2B |
| Avg | 848.0M | 1.1B | 1.1B |
| Low | 768.3M | 940.8M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.6% | 36.7% | 8.4% |
| Avg | 5.1% | 27.5% | 2.6% |
| Low | -4.8% | 10.9% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.65 | 4.63 | 4.86 | ||
| Avg | 2.75 | 3.12 | 4.65 | ||
| Low | 1.46 | 1.61 | 4.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -77.1% | 68.6% | 56.0% | ||
| Avg | -82.8% | 13.4% | 49.1% | ||
| Low | -90.8% | -41.5% | 38.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.