The stock of EQT Corp (NYSE: EQT) has decreased by -0.69 when compared to last closing price of 40.37.Despite this, the company has seen a gain of 0.73% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-07 that EQT saw strong well performance and increased efficiency, lowering per unit operating costs, in Q3. The company should eventually benefit from MVP coming online and reduced gathering rates. EQT trades at a discount to peers, making it attractively valued.

Is It Worth Investing in EQT Corp (NYSE: EQT) Right Now?

The price-to-earnings ratio for EQT Corp (NYSE: EQT) is above average at 5.43x. The 36-month beta value for EQT is also noteworthy at 1.09. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 3 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”

The average price estimated by analysts for EQT is $48.00, which is $7.91 above than the current price. The public float for EQT is 384.15M, and at present, short sellers hold a 6.78% of that float. The average trading volume of EQT on November 21, 2023 was 5.02M shares.

EQT’s Market Performance

The stock of EQT Corp (EQT) has seen a 0.73% increase in the past week, with a -5.34% drop in the past month, and a -7.63% fall in the past quarter. The volatility ratio for the week is 3.31%, and the volatility levels for the past 30 days are at 3.64% for EQT. The simple moving average for the last 20 days is -3.41% for EQT’s stock, with a simple moving average of 6.61% for the last 200 days.

Analysts’ Opinion of EQT

Many brokerage firms have already submitted their reports for EQT stocks, with Bernstein repeating the rating for EQT by listing it as a “Underperform.” The predicted price for EQT in the upcoming period, according to Bernstein is $30 based on the research report published on October 11, 2023 of the current year 2023.

EQT Trading at -3.58% from the 50-Day Moving Average

After a stumble in the market that brought EQT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.36% of loss for the given period.

Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares sank -5.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.02% lower at present.

During the last 5 trading sessions, EQT rose by +0.73%, which changed the moving average for the period of 200-days by +28.25% in comparison to the 20-day moving average, which settled at $41.40. In addition, EQT Corp saw 18.50% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EQT starting from VANLOH S WIL JR, who sale 20,000,000 shares at the price of $41.40 back on Sep 14. After this action, VANLOH S WIL JR now owns 23,946,108 shares of EQT Corp, valued at $828,000,000 using the latest closing price.

James Todd, the CHIEF ACCOUNTING OFFICER of EQT Corp, sale 31,170 shares at $38.56 during a trade that took place back on Jun 09, which means that James Todd is holding 39,392 shares at $1,201,915 based on the most recent closing price.

Stock Fundamentals for EQT

Current profitability levels for the company are sitting at:

• +63.78 for the present operating margin
• +66.33 for the gross margin

The net margin for EQT Corp stands at +14.59. The total capital return value is set at 47.52, while invested capital returns managed to touch 11.39. Equity return is now at value 24.73, with 12.51 for asset returns.

Based on EQT Corp (EQT), the company’s capital structure generated 51.58 points at debt to equity in total, while total debt to capital is 34.03. Total debt to assets is 24.68, with long-term debt to equity ratio resting at 47.48. Finally, the long-term debt to capital ratio is 31.32.

When we switch over and look at the enterprise to sales, we see a ratio of 3.33, with the company’s debt to enterprise value settled at 0.32. The receivables turnover for the company is 7.97 and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.

Conclusion

In summary, EQT Corp (EQT) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.