EQT Corporation [NYSE: EQT] shares went lower by -0.19% from its previous closing of $10.69, now trading at the price of $10.67, also adding -0.02 points. Is EQT stock a buy or should you stay away?
The stock had a rather active trading session with the latest closing, by far recording 884446 contracts. Compared to the average trading volume of EQT shares, the company saw a far better performance. Moreover, the stock has a 252.11M float and a +0.28% run over in the last seven days. EQT share price has been hovering between $21.86 and $8.34 lately, and is definitely worthy of attention.
EQT Corporation [NYSE:EQT]: Analyst Rating and Earnings
Its stock price has been found in the range of 8.34 to 21.86. This is compared to its latest closing price of $10.69.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on Thu 13 Feb (In 48 Days).
Fundamental Analysis of EQT Corporation [EQT]
Now let’s turn to look at profitability: with a current Operating Margin for EQT Corporation [EQT] sitting at +19.82 and its Gross Margin at +25.82, this company’s Net Margin is now -15.80%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 4.44, and its Return on Invested Capital has reached -12.60%. Its Return on Equity is -21.57, and its Return on Assets is -10.42. These metrics suggest that this EQT Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, EQT Corporation [EQT] has generated a Total Debt to Total Equity ratio of 50.17. Similarly, its Total Debt to Total Capital is 33.41, while its Total Debt to Total Assets stands at 26.53. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 4.10, and its Long-Term Debt to Total Capital is 43.74.
What about valuation? This company’s Enterprise Value to EBITDA is 3.04 and its Total Debt to EBITDA Value is 2.16. The Enterprise Value to Sales for this firm is now 1.77, and its Total Debt to Enterprise Value stands at 0.55. EQT Corporation [EQT] has a Price to Book Ratio of 0.44, a Price to Cash Flow Ratio of 1.66.
Shifting the focus to workforce efficiency, EQT Corporation [EQT] earns $5,483,006 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 4.51 and its Total Asset Turnover is 0.19. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.84 and its Current Ratio is 0.84. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
EQT Corporation [EQT] has 258.80M shares outstanding, amounting to a total market cap of $2.77B. Its stock price has been found in the range of 8.34 to 21.86. At its current price, it has moved down by -51.19% from its 52-week high, and it has moved up 27.94% from its 52-week low.
This stock’s Beta value is currently 0.60, which indicates that it is 4.04% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 62.59. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is EQT Corporation [EQT] a Reliable Buy?
EQT Corporation [EQT] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.