As of close of business last night, EQT Corp’s stock clocked out at $34.61, down -7.76% from its previous closing price of $37.52. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 28469731 shares were traded.
Ratios:
To gain a deeper understanding of EQT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 188.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.38.
On October 11, 2023, Bernstein started tracking the stock assigning a Underperform rating and target price of $30.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 14 ’23 when VANLOH S WIL JR sold 20,000,000 shares for $41.40 per share. The transaction valued at 828,000,000 led to the insider holds 23,946,108 shares of the business.
James Todd sold 31,170 shares of EQT for $1,201,915 on Jun 09 ’23. The CHIEF ACCOUNTING OFFICER now owns 39,392 shares after completing the transaction at $38.56 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQT now has a Market Capitalization of 16.52B and an Enterprise Value of 22.29B. As of this moment, EQT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.18, and their Forward P/E ratio for the next fiscal year is 7.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 4.40 whereas that against EBITDA is 5.47.
Stock Price History:
Over the past 52 weeks, EQT has reached a high of $45.23, while it has fallen to a 52-week low of $28.10. The 50-Day Moving Average of the stock is 36.38, while the 200-Day Moving Average is calculated to be 39.48.
Shares Statistics:
It appears that EQT traded 5.64M shares on average per day over the past three months and 4.38M shares per day over the past ten days. A total of 419.90M shares are outstanding, with a floating share count of 410.75M. Insiders hold about 6.74% of the company’s shares, while institutions hold 93.03% stake in the company. Shares short for EQT as of Feb 15, 2024 were 14.36M with a Short Ratio of 2.55, compared to 14.75M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.26% and a Short% of Float of 4.09%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.61, EQT has a forward annual dividend rate of 0.61. Against a Trailing Annual Dividend Yield of 1.62%, it implies a Forward Annual Dividend Yield of 1.82%. The stock’s 5-year Average Dividend Yield is 0.49. The current Payout Ratio is 14.40% for EQT, which recently paid a dividend on Mar 01, 2024 with an ex-dividend date of Feb 16, 2024. Stock splits for the company last occurred on Nov 13, 2018 when the company split stock in a 1837:1000 ratio.
Earnings Estimates
As of right now, 16 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.84 for the current quarter, with a high estimate of $1.75 and a low estimate of $0.58, while EPS last year was $1.7. The consensus estimate for the next quarter is $0.16, with high estimates of $0.36 and low estimates of -$0.11.
Analysts are recommending an EPS of between $2.37 and $0.96 for the fiscal current year, implying an average EPS of $1.68. EPS for the following year is $4.52, with 15 analysts recommending between $6.97 and $2.94.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $1.74B. It ranges from a high estimate of $2.02B to a low estimate of $1.39B. As of the current estimate, EQT Corp’s year-ago sales were $1.89B, an estimated decrease of -8.10% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $1.42B, an increase of 43.20% over than the figure of -$8.10% in the same quarter last year. There is a high estimate of $1.52B for the next quarter, whereas the lowest estimate is $1.22B.
A total of 13 analysts have provided revenue estimates for EQT’s current fiscal year. The highest revenue estimate was $7.07B, while the lowest revenue estimate was $5.95B, resulting in an average revenue estimate of $6.41B. In the same quarter a year ago, actual revenue was $5.62B, up 14.00% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $8.53B in the next fiscal year. The high estimate is $12.07B and the low estimate is $7.39B. The average revenue growth estimate for next year is up 33.00% from the average revenue estimate for this year.
