Diversified Energy Company PLC (DEC)
NYSE: DEC · Real-Time Price · USD
11.72
+0.04 (0.34%)
Oct 29, 2024, 4:00 PM EDT - Market closed
DEC Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for DEC stock have an average target of 18.5, with a low estimate of 18 and a high estimate of 19. The average target predicts an increase of 57.85% from the current stock price of 11.72.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 30, 2024.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $20 → $19 | Strong Buy | Maintains | $20 → $19 | +62.12% | Sep 30, 2024 |
| Keybanc | Keybanc | Buy Initiates $18 | Buy | Initiates | $18 | +53.58% | Aug 28, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $18 → $20 | Strong Buy | Maintains | $18 → $20 | +70.65% | Jul 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Initiates $18 | Strong Buy | Initiates | $18 | +53.58% | Jun 25, 2024 |
Financial Forecast
Revenue This Year
913.11M
from 806.79M
Increased by 13.18%
Revenue Next Year
1.14B
from 913.11M
Increased by 24.63%
EPS This Year
1.68
from 15.95
Decreased by -89.49%
EPS Next Year
1.78
from 1.68
Increased by 6.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.3B | 1.2B |
| Avg | 913.1M | 1.1B | 1.1B |
| Low | 783.2M | 1.0B | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.3% | 46.1% | 9.7% |
| Avg | 13.2% | 24.6% | 0.3% |
| Low | -2.9% | 11.3% | -9.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.98 | 5.29 | 5.26 | ||
| Avg | 1.68 | 1.78 | 4.07 | ||
| Low | -3.21 | -2.55 | 2.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -75.1% | 215.6% | 194.9% | ||
| Avg | -89.5% | 6.4% | 128.3% | ||
| Low | - | - | 62.6% |
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.