This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sirius XM, Devon, FPL: Ratings Changes

The model upgraded oil-and-gas explorer Devon Energy to "buy."

Quarter: Devon swung to a first-quarter profit of $1.1 billion, or $2.39, from a loss of $4 billion, or $8.92, a year earlier. Revenue grew 59%. Margins turned positive. Devon holds $724 million of cash and $6.1 billion of debt, equal to a debt-to-equity ratio of 0.4.

Stock: Devon has risen 12% during the past 12 months, trailing benchmarks. It sells for a price-to-projected-earnings ratio of 11 and a price-to-cash-flow ratio of 5.8, 22% and 27% discounts to industry averages. It's also cheap based on book value.

Consensus: Of researchers following Devon, 16, or 59%, rate its stock "buy" and 11 rate it "hold." Benchmark Co. offers a price target of $106, leaving a potential 56% return. Goldman Sachs (GS) believes the stock will climb 34% to $91.

Visit Stockpickr's Ratings Upgrades Portfolio and Ratings Downgrades Portfolio

-- Reported by Jake Lynch in Boston.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
DVN $57.87 0.00%
FPL $15.64 0.00%
SIRI $3.73 0.00%
AAPL $126.44 0.00%
FB $87.28 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs