EQT Corp (EQT)’s Day in Review: Closing at 35.67, Down by -0.59

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After finishing at $35.88 in the prior trading day, EQT Corp (NYSE: EQT) closed at $35.67, down -0.59%. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 13.47 million shares were traded. EQT stock price reached its highest trading level at $36.67 during the session, while it also had its lowest trading level at $35.52.

Ratios:

Our goal is to gain a better understanding of EQT 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 24.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.32.

Wells Fargo Downgraded its Overweight to Equal Weight on April 17, 2024, whereas the target price for the stock was revised from $48 to $37.

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 May 29 ’24 when Jordan William E. sold 35,000 shares for $40.72 per share. The transaction valued at 1,425,200 led to the insider holds 456,837 shares of the business.

Evancho Lesley sold 46,884 shares of EQT for $1,935,840 on May 28 ’24. The CHIEF HUMAN RESOURCES OFFICER now owns 160,884 shares after completing the transaction at $41.29 per share. On Sep 14 ’23, another insider, VANLOH S WIL JR, who serves as the 10% Owner of the company, sold 20,000,000 shares for $41.40 each. As a result, the insider received 828,000,000 and left with 23,946,108 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, EQT now has a Market Capitalization of 15751621632 and an Enterprise Value of 20615471104. As of this moment, EQT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.02, and their Forward P/E ratio for the next fiscal year is 9.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.47 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 4.669 whereas that against EBITDA is 7.059.

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 $32.07. The 50-Day Moving Average of the stock is -8.45%, while the 200-Day Moving Average is calculated to be -7.10%.

Shares Statistics:

The stock has traded on average 7.62M shares per day over the past 3-months and 13184020 shares per day over the last 10 days, according to various share statistics. A total of 419.90M shares are outstanding, with a floating share count of 413.98M. Insiders hold about 6.25% of the company’s shares, while institutions hold 97.02% stake in the company. Shares short for EQT as of 1719532800 were 40109694 with a Short Ratio of 5.27, compared to 1717113600 on 36155401. Therefore, it implies a Short% of Shares Outstanding of 40109694 and a Short% of Float of 11.84.

Dividends & Splits

In the trailing 12 months, EQT’s forward annual dividend rate was 0.615, compared to 0.62 this year. Against a Trailing Annual Dividend Yield of 0.017140469The stock’s 5-year Average Dividend Yield is 0.49.

Earnings Estimates

The current market rating for EQT Corp (EQT) reflects the collective analysis of 16.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.2 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.41, while EPS last year was -$0.17. The consensus estimate for the next quarter is $0.11, with high estimates of $0.46 and low estimates of -$0.18.

Analysts are recommending an EPS of between $1.76 and $0.62 for the fiscal current year, implying an average EPS of $1.21. EPS for the following year is $3.57, with 17.0 analysts recommending between $4.68 and $2.35.

Revenue Estimates

10 analysts predict $1.06B in revenue for the current quarter. It ranges from a high estimate of $1.17B to a low estimate of $769M. As of the current estimate, EQT Corp’s year-ago sales were $993.08MFor the next quarter, 10 analysts are estimating revenue of $1.4B. There is a high estimate of $1.56B for the next quarter, whereas the lowest estimate is $1.29B.

A total of 11 analysts have provided revenue estimates for EQT’s current fiscal year. The highest revenue estimate was $6.2B, while the lowest revenue estimate was $5.14B, resulting in an average revenue estimate of $5.66B. In the same quarter a year ago, actual revenue was $5.62BBased on 12 analysts’ estimates, the company’s revenue will be $8.05B in the next fiscal year. The high estimate is $9.1B and the low estimate is $6.23B.

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