Diversified Energy Company PLC (DEC) Laps the Stock Market: Here's Why

Core Viewpoint - Diversified Energy Company PLC (DEC) has experienced a stock price decline of 9.95% over the past month, underperforming compared to the Oils-Energy sector and the S&P 500 [1][2] Group 1: Stock Performance - DEC closed at $13.17, reflecting a daily increase of 2.49%, which outperformed the S&P 500's gain of 0.5% [1] - The stock has dropped by 9.95% in the past month, contrasting with the Oils-Energy sector's gain of 7.06% and the S&P 500's gain of 0.18% [1] Group 2: Earnings Estimates - The Zacks Consensus Estimates predict DEC's earnings for the fiscal year to be $1.73 per share, representing a decrease of 11.28% from the previous year [2] - Revenue is expected to reach $1.91 billion, indicating a significant increase of 140.74% compared to the prior year [2] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for DEC are crucial as they reflect the evolving business landscape, with positive changes indicating a favorable outlook [3] - The Zacks Rank system currently rates DEC as 5 (Strong Sell), with a consensus EPS projection that has decreased by 6.49% in the last 30 days [5] Group 4: Valuation Metrics - DEC is currently trading at a Forward P/E ratio of 7.43, which is significantly lower than the industry average Forward P/E of 19.14 [6] - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 160, placing it in the bottom 35% of over 250 industries [6]

Diversified Energy Company PLC (DEC) Laps the Stock Market: Here's Why - Reportify