EQT Corp (NYSE: EQT) has a price-to-earnings ratio of 52.48x that is above its average ratio. Additionally, the 36-month beta value for EQT is 1.12. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 5 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
The public float for EQT is 438.26M and currently, short sellers hold a 4.44% ratio of that float. The average trading volume of EQT on November 19, 2024 was 6.65M shares.
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EQT) stock’s latest price update
EQT Corp (NYSE: EQT)’s stock price has soared by 3.68 in relation to previous closing price of 42.71. Nevertheless, the company has seen a gain of 0.68% in its stock price over the last five trading days. youtube.com reported 2024-11-18 that The Investment Committee give you their top stocks to watch for the second half.
EQT’s Market Performance
EQT Corp (EQT) has experienced a 0.68% rise in stock performance for the past week, with a 21.35% rise in the past month, and a 33.21% rise in the past quarter. The volatility ratio for the week is 2.67%, and the volatility levels for the past 30 days are at 3.26% for EQT. The simple moving average for the past 20 days is 12.20% for EQT’s stock, with a 20.82% simple moving average for the past 200 days.
Analysts’ Opinion of EQT
Many brokerage firms have already submitted their reports for EQT stocks, with BofA Securities repeating the rating for EQT by listing it as a “Buy.” The predicted price for EQT in the upcoming period, according to BofA Securities is $50 based on the research report published on October 28, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see EQT reach a price target of $44, previously predicting the price at $37. The rating they have provided for EQT stocks is “Buy” according to the report published on October 03rd, 2024.
Citigroup gave a rating of “Neutral” to EQT, setting the target price at $37 in the report published on August 23rd of the current year.
EQT Trading at 19.17% 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 0.00% of loss for the given period.
Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares surge +21.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.77% upper at present.
During the last 5 trading sessions, EQT rose by +0.68%, which changed the moving average for the period of 200-days by +26.37% in comparison to the 20-day moving average, which settled at $39.47. In addition, EQT Corp saw 14.54% 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 Jordan William E., who sale 35,000 shares at the price of $40.72 back on May 29 ’24. After this action, Jordan William E. now owns 456,837 shares of EQT Corp, valued at $1,425,200 using the latest closing price.
Evancho Lesley, the CHIEF HUMAN RESOURCES OFFICER of EQT Corp, sale 46,884 shares at $41.29 during a trade that took place back on May 28 ’24, which means that Evancho Lesley is holding 160,884 shares at $1,935,840 based on the most recent closing price.
Stock Fundamentals for EQT
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.15 for the gross margin
The net margin for EQT Corp stands at 0.07. The total capital return value is set at 0.01. Equity return is now at value 1.82, with 0.97 for asset returns.
Based on EQT Corp (EQT), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 0.58.
Currently, EBITDA for the company is 4.07 billion with net debt to EBITDA at 5.02. When we switch over and look at the enterprise to sales, we see a ratio of 8.39. The receivables turnover for the company is 7.14for trailing twelve months and the total asset turnover is 0.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
In conclusion, EQT Corp (EQT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
