Is Most-Watched Stock Devon Energy Corporation (DVN) Worth Betting on Now?

Stock Performance - Devon Energy's stock returned -0.1% over the past month, outperforming the Zacks S&P 500 composite's -2.8% change [2] - The Zacks Oil and Gas - Exploration and Production - United States industry gained 3% over the same period [2] Earnings Estimates - Current quarter earnings estimate is $0.97 per share, a year-over-year change of -31.2$4.80, a year-over-year change of -15.9% [5] - Next fiscal year earnings estimate is $4.77, a year-over-year change of -0.6$4.21 billion, a year-over-year change of +1.7% [9] - Current fiscal year sales estimate is $15.75 billion, a year-over-year change of +3.2$16.83 billion, a year-over-year change of +6.9% [9] Recent Performance - Last reported revenues were $4.02 billion, a year-over-year change of +4.9$1.10, compared to $1.65 a year ago [11] - Reported revenues represented a +7.2$3.75 billion [11] - EPS surprise was +3.77% [11] - Company beat consensus EPS estimates in each of trailing four quarters [11] - Company topped consensus revenue estimates three times over trailing four quarters [11] Valuation - Devon Energy is graded A on Zacks Value Style Score, indicating it is trading at a discount to peers [15] - Valuation metrics include price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) [13] Analyst Rating - Devon Energy is rated Zacks Rank 3 (Hold) [7] - Rating based on recent changes in consensus estimate and other earnings-related factors [7]