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Diversified Energy Company PLC (DEC)
NYSE: DEC · IEX Real-Time Price · USD
14.13
+0.60 (4.43%)
Jul 2, 2024, 4:00 PM EDT - Market closed

DEC Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for DEC stock has a target of 18, which predicts an increase of 27.39% from the current stock price of 14.13.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $18 $18 $18 $18
Change +27.39% +27.39% +27.39% +27.39%

Analyst Ratings

According to 1 stock analyst, the rating for DEC is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24
Strong Buy 1
Buy 0
Hold 0
Sell 0
Strong Sell 0
Total 1

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Bertrand Donnes
Truist Securities
 Truist Securities
Strong Buy
Initiates
$18
 Strong Buy Initiates $18 +27.39% Jun 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
919.22M
from 868.26M
Increased by 5.87%
Revenue Next Year
1.10B
from 919.22M
Increased by 19.88%
EPS This Year
1.68
from 15.95
Decreased by -89.46%
EPS Next Year
1.74
from 1.68
Increased by 3.31%
Year 202020212022202320242025202620272028
Revenue
408.69M1.01B1.92B868.26M919.22M1.10B1.11B--
Revenue Growth
-146.53%90.49%-54.76%5.87%19.88%0.64%--
EPS
-0.60-8.20-14.8215.951.681.743.973.452.98
EPS Growth
-----89.46%3.31%128.75%-13.11%-13.61%
Forward PE
----8.418.143.564.094.74
No. Analysts ----99744
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 991.7M 1.3B 1.2B
Avg 919.2M 1.1B 1.1B
Low 783.5M 938.8M 955.4M

Revenue Growth

Revenue Growth 202420252026
High
14.2%
39.2%
8.9%
Avg
5.9%
19.9%
0.6%
Low
-9.8%
2.1%
-13.3%

EPS Forecast

EPS 20242025202620272028
High 4.00 5.05 4.96 3.52 3.04
Avg 1.68 1.74 3.97 3.45 2.98
Low -3.21 -2.55 2.90 3.28 2.84

EPS Growth

EPS Growth 20242025202620272028
High
-74.9%
200.5%
185.4%
-11.4%
-11.9%
Avg
-89.5%
3.3%
128.7%
-13.1%
-13.6%
Low - -
67.0%
-17.3%
-17.8%
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.