Core Viewpoint - Diversified Energy Company PLC (DEC) is experiencing a decline in stock performance, with a recent trading price of $13.19, reflecting a -1.79% change from the previous session, which is underperforming compared to the S&P 500's loss of 0.33% [1] Company Performance - Over the past month, DEC's shares have gained 5.09%, which is below the Oils-Energy sector's gain of 14.13% and outpacing the S&P 500's unchanged performance [1] - The upcoming earnings release is anticipated, with Zacks Consensus Estimates predicting earnings of $1.69 per share and revenue of $1.95 billion, indicating a year-over-year earnings decline of -13.33% and a revenue increase of +145.46% [2] Analyst Estimates - Recent changes to analyst estimates for DEC are crucial, as they reflect short-term business trends, with positive revisions indicating optimism about the business outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - DEC currently holds a Zacks Rank of 5 (Strong Sell), with the Zacks Consensus EPS estimate having shifted 8.92% downward over the past month [5] - The company is trading at a Forward P/E ratio of 7.97, which is significantly lower than the industry average Forward P/E of 18.84, indicating a valuation discount [6] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 159, placing it in the bottom 36% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]
Here's Why Diversified Energy Company PLC (DEC) Fell More Than Broader Market