Gaining Ground: EQT Corp (EQT) Closes Higher at 46.89, Up 0.75

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The price of EQT Corp (NYSE: EQT) closed at $46.89 in the last session, up 0.75% from day before closing price of $46.54. In other words, the price has increased by $0.75 from its previous closing price. On the day, 11.37 million shares were traded. EQT stock price reached its highest trading level at $48.02 during the session, while it also had its lowest trading level at $46.805.

Ratios:

We take a closer look at EQT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 314.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 55.98. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 0.68 whereas as Long-Term Debt/Eq ratio is at 0.66.

On October 03, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $37 to $44.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.

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 27978514432 and an Enterprise Value of 41836638208. As of this moment, EQT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 55.57, and their Forward P/E ratio for the next fiscal year is 15.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.85 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 9.05 whereas that against EBITDA is 16.084.

Stock Price History:

Over the past 52 weeks, EQT has reached a high of $46.86, while it has fallen to a 52-week low of $30.02. The 50-Day Moving Average of the stock is 23.56%, while the 200-Day Moving Average is calculated to be 27.34%.

Shares Statistics:

According to the various share statistics, EQT traded on average about 6.81M shares per day over the past 3-months and 8248780 shares per day over the past 10 days. A total of 441.60M shares are outstanding, with a floating share count of 438.26M. Insiders hold about 0.76% of the company’s shares, while institutions hold 137.51% stake in the company. Shares short for EQT as of 1730332800 were 19465726 with a Short Ratio of 2.86, compared to 1727654400 on 21595921. Therefore, it implies a Short% of Shares Outstanding of 19465726 and a Short% of Float of 3.94.

Dividends & Splits

The forward annual dividend rate for EQT is 0.63, which was 0.63 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.013536742The stock’s 5-year Average Dividend Yield is 0.49.

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