Denbury Inc. (NYSE: DEN) is 15.99% higher on its value in year-to-date trading and has touched a low of $56.59 and a high of $104.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DEN stock was last observed hovering at around $94.70 in the last trading session, with the day’s loss setting it -5.86% off its average median price target of $114.50 for the next 12 months. It is also 39.15% off the consensus price target high of $146.00 offered by 9 analysts, but current levels are 6.48% higher than the price target low of $95.00 for the same period.
Currently trading at $88.84, the stock is -4.40% and -1.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing -6.19% at the moment leaves the stock 14.83% off its SMA200. DEN registered 6.97% gain for a year compared to 6-month gain of 19.73%.
The stock witnessed a -6.04% loss in the last 1 month and extending the period to 3 months gives it a -3.96%, and is -4.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.98% over the week and 4.14% over the month.
Denbury Inc. (DEN) has around 740 employees, a market worth around $4.40B and $1.60B in sales. Current P/E ratio is 14.22 and Fwd P/E is 10.67. Profit margin for the company is 22.40%. Distance from 52-week low is 56.99% and -14.62% from its 52-week high. The company has generated returns on investments over the last 12 months (35.30%).
Denbury Inc. (DEN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Denbury Inc. (DEN) is a “Buy”. 9 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Denbury Inc. is expected to release its quarterly report on 02/23/2023.The EPS is expected to grow by 103.50% this year
Denbury Inc. (DEN) Top Institutional Holders
The shares outstanding are 51.76M, and float is at 48.16M with Short Float at 9.95%.
Denbury Inc. (DEN) Insider Activity
A total of 0 insider transactions have happened at Denbury Inc. (DEN) in the last six months, with sales accounting for 0 and purchases happening 0 times.