In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Oneok Inc (NYSE: OKE) closed the day trading at $95.82 down -2.13% from the previous closing price of $97.91. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 3.9 million shares were traded. OKE stock price reached its highest trading level at $98.255 during the session, while it also had its lowest trading level at $95.11.
Ratios:
For a better understanding of OKE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 103.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.28. 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 January 10, 2025, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $109.
Wells Fargo Downgraded its Overweight to Equal Weight on December 18, 2024, while the target price for the stock was maintained at $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 59787177984 and an Enterprise Value of 84755472384. As of this moment, Oneok’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.06, and their Forward P/E ratio for the next fiscal year is 15.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.01. 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 3.31. Its current Enterprise Value per Revenue stands at 4.252 whereas that against EBITDA is 15.103.
Stock Price History:
The Beta on a monthly basis for OKE is 1.68, which has changed by 0.41816342 over the last 52 weeks, in comparison to a change of 0.20587826 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 $67.67. The 50-Day Moving Average of the stock is -7.96%, while the 200-Day Moving Average is calculated to be 4.03%.
Shares Statistics:
Over the past 3-months, OKE traded about 3.55M shares per day on average, while over the past 10 days, OKE traded about 5567100 shares per day. A total of 623.95M shares are outstanding, with a floating share count of 622.41M. Insiders hold about 0.25% of the company’s shares, while institutions hold 66.92% stake in the company. Shares short for OKE as of 1736899200 were 15408193 with a Short Ratio of 4.34, 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
OKE’s forward annual dividend rate is 4.00, up from 3.96 a year ago. Against a Trailing Annual Dividend Yield of 0.040445305The stock’s 5-year Average Dividend Yield is 6.94. The current Payout Ratio is 69.76% for OKE, which recently paid a dividend on 2025-02-03 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.
