Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $100.45 in the prior trading day, Oneok Inc (NYSE: OKE) closed at $100.60, up 0.15%. In other words, the price has increased by $0.15 from its previous closing price. On the day, 4.08 million shares were traded. OKE stock price reached its highest trading level at $101.35 during the session, while it also had its lowest trading level at $99.54.
Ratios:
Our goal is to gain a better understanding of OKE by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 101.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 1.67 whereas as Long-Term Debt/Eq ratio is at 1.59.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on January 10, 2025, initiated with a Sector Outperform rating and assigned the stock a target price of $109.
On December 18, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $107.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 23 ’24 when McKenzie Mark A bought 3,800 shares for $100.70 per share.
King Tim T. bought 507 shares of OKE for $54,913 on Nov 13 ’24. On Sep 05 ’24, another insider, MOORE PATTYE L, who serves as the Director of the company, sold 3,379 shares for $92.01 each. As a result, the insider received 310,902 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OKE now has a Market Capitalization of 58645073920 and an Enterprise Value of 86326927360. As of this moment, Oneok’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.06, and their Forward P/E ratio for the next fiscal year is 16.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 3.48. Its current Enterprise Value per Revenue stands at 4.331 whereas that against EBITDA is 15.383.
Stock Price History:
The Beta on a monthly basis for OKE is 1.66, which has changed by 0.4739927 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, OKE has reached a high of $118.07, while it has fallen to a 52-week low of $67.05. The 50-Day Moving Average of the stock is -5.11%, while the 200-Day Moving Average is calculated to be 10.04%.
Shares Statistics:
The stock has traded on average 3.19M shares per day over the past 3-months and 3400530 shares per day over the last 10 days, according to various share statistics. A total of 584.17M shares are outstanding, with a floating share count of 582.86M. Insiders hold about 0.24% of the company’s shares, while institutions hold 71.32% stake in the company. Shares short for OKE as of 1736899200 were 15408193 with a Short Ratio of 4.83, compared to 1734048000 on 15473801. Therefore, it implies a Short% of Shares Outstanding of 15408193 and a Short% of Float of 3.01.
Dividends & Splits
In the trailing 12 months, OKE’s forward annual dividend rate was 3.96, compared to 3.96 this year. Against a Trailing Annual Dividend Yield of 0.0394226The stock’s 5-year Average Dividend Yield is 6.96. The current Payout Ratio is 69.76% for OKE, which recently paid a dividend on 2024-11-01 with an ex-dividend date of 1738540800. Stock splits for the company last occurred on 2014-02-03 when the company split stock in a 11422:10000 ratio.
