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After finishing at $113.60 in the prior trading day, Oneok Inc (NYSE: OKE) closed at $110.44, down -2.78%. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 3.32 million shares were traded. OKE stock price reached its highest trading level at $113.63 during the session, while it also had its lowest trading level at $109.8.
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 112.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.17. 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.
On September 16, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $103 to $111.
Seaport Research Partners Upgraded its Neutral to Buy on February 08, 2024, while the target price for the stock was maintained at $76.
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 Nov 13 ’24 when King Tim T. bought 507 shares for $108.31 per share.
MOORE PATTYE L sold 3,379 shares of OKE for $310,902 on Sep 05 ’24. The Director now owns 0 shares after completing the transaction at $92.01 per share. On Sep 05 ’24, another insider, MOORE PATTYE L, who serves as the Director of the company, bought 3,379 shares for $91.83 each.
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 64524681216 and an Enterprise Value of 92075302912. As of this moment, Oneok’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.12, and their Forward P/E ratio for the next fiscal year is 18.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 3.82. Its current Enterprise Value per Revenue stands at 4.619 whereas that against EBITDA is 16.407.
Stock Price History:
Over the past 52 weeks, OKE has reached a high of $118.07, while it has fallen to a 52-week low of $65.49. The 50-Day Moving Average of the stock is 9.67%, while the 200-Day Moving Average is calculated to be 27.68%.
Shares Statistics:
The stock has traded on average 2.99M shares per day over the past 3-months and 3897730 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 582.87M. Insiders hold about 0.24% of the company’s shares, while institutions hold 71.22% stake in the company. Shares short for OKE as of 1731628800 were 13929078 with a Short Ratio of 4.66, compared to 1728950400 on 9784568. Therefore, it implies a Short% of Shares Outstanding of 13929078 and a Short% of Float of 2.7199999999999998.
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 0.034859154The stock’s 5-year Average Dividend Yield is 6.97.
