Altex Industries (OTCMKTS:ALTX – Get Free Report) and Devon Energy (NYSE:DVN – Get Free Report) are both energy companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.
Analyst Recommendations
This is a breakdown of current ratings and target prices for Altex Industries and Devon Energy, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Altex Industries | 0 | 0 | 0 | 0 | 0.00 |
Devon Energy | 0 | 10 | 16 | 0 | 2.62 |
Devon Energy has a consensus target price of $44.15, indicating a potential upside of 21.25%. Given Devon Energy’s stronger consensus rating and higher possible upside, analysts plainly believe Devon Energy is more favorable than Altex Industries.
Risk and Volatility
Valuation and Earnings
This table compares Altex Industries and Devon Energy”s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Altex Industries | $20,000.00 | 190.91 | $440,000.00 | ($0.01) | -34.00 |
Devon Energy | $15.94 billion | 1.45 | $2.89 billion | $4.46 | 8.16 |
Devon Energy has higher revenue and earnings than Altex Industries. Altex Industries is trading at a lower price-to-earnings ratio than Devon Energy, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Altex Industries and Devon Energy’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Altex Industries | -866.67% | -16.81% | -8.73% |
Devon Energy | 16.57% | 18.59% | 8.95% |
Insider and Institutional Ownership
69.7% of Devon Energy shares are owned by institutional investors. 49.8% of Altex Industries shares are owned by insiders. Comparatively, 0.7% of Devon Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Summary
Devon Energy beats Altex Industries on 12 of the 14 factors compared between the two stocks.
About Altex Industries
Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado.
About Devon Energy
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.
Receive News & Ratings for Altex Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altex Industries and related companies with MarketBeat.com's FREE daily email newsletter.