EQT Corp (NYSE: EQT) has a higher price-to-earnings ratio of 52.57x compared to its average ratio, The 36-month beta value for EQT is at 1.15. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 5 rating it as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for EQT is 438.26M, and currently, shorts hold a 5.14% of that float. The average trading volume for EQT on December 02, 2024 was 7.24M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
EQT) stock’s latest price update
EQT Corp (NYSE: EQT)’s stock price has decreased by -2.39 compared to its previous closing price of 45.44. However, the company has seen a -3.41% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-11-28 that EQT (EQT) reported earnings 30 days ago. What’s next for the stock?
EQT’s Market Performance
EQT’s stock has fallen by -3.41% in the past week, with a monthly rise of 21.39% and a quarterly rise of 34.74%. The volatility ratio for the week is 2.79% while the volatility levels for the last 30 days are 3.44% for EQT Corp The simple moving average for the last 20 days is 2.27% for EQT stock, with a simple moving average of 19.37% for the last 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 12.76% 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 -7.63% of loss for the given period.
Volatility was left at 3.44%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares surge +23.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.40% upper at present.
During the last 5 trading sessions, EQT fell by -4.13%, which changed the moving average for the period of 200-days by +27.65% in comparison to the 20-day moving average, which settled at $43.36. In addition, EQT Corp saw 14.73% 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:
- 0.22 for the present operating margin
- 0.24 for the gross margin
The net margin for EQT Corp stands at 0.12. The total capital return value is set at 0.07. 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 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 8.18.
Currently, EBITDA for the company is 4.06 billion with net debt to EBITDA at -1.06. When we switch over and look at the enterprise to sales, we see a ratio of 4.62. The receivables turnover for the company is 4.18for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
In conclusion, EQT Corp (EQT) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
