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As of close of business last night, EQT Corp’s stock clocked out at $36.32, down -1.94% from its previous closing price of $37.04. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 6.82 million shares were traded. EQT stock price reached its highest trading level at $37.025 during the session, while it also had its lowest trading level at $36.03.
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 24.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.16. 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.
On April 17, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $48 to $37.
Scotiabank Upgraded its Sector Perform to Sector Outperform on April 11, 2024, while the target price for the stock was maintained at $52.
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 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 16038657024 and an Enterprise Value of 20902506496. As of this moment, EQT’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.49, and their Forward P/E ratio for the next fiscal year is 9.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.53 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 4.734 whereas that against EBITDA is 7.158.
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 -8.64%, while the 200-Day Moving Average is calculated to be -5.87%.
Shares Statistics:
It appears that EQT traded 6.50M shares on average per day over the past three months and 7233640 shares per day over the past ten days. 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 97.73% stake in the company. Shares short for EQT as of 1718323200 were 34952062 with a Short Ratio of 5.38, compared to 1715731200 on 34081593. Therefore, it implies a Short% of Shares Outstanding of 34952062 and a Short% of Float of 10.319999600000001.
Dividends & Splits
With its trailing 12-month dividend rate of 0.615, EQT has a forward annual dividend rate of 0.62. Against a Trailing Annual Dividend Yield of 0.016603671The stock’s 5-year Average Dividend Yield is 0.49.
Earnings Estimates
The company has 14.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of $0.9 and a low estimate of -$0.34, while EPS last year was -$0.17. The consensus estimate for the next quarter is $0.07, with high estimates of $0.46 and low estimates of -$0.26.
Analysts are recommending an EPS of between $1.76 and $0.69 for the fiscal current year, implying an average EPS of $1.16. EPS for the following year is $3.61, with 16.0 analysts recommending between $4.9 and $2.35.
Revenue Estimates
In the current quarter, 10 analysts expect revenue to total $1.11B. It ranges from a high estimate of $1.2B 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 $1.35B. There is a high estimate of $1.49B for the next quarter, whereas the lowest estimate is $1.25B.
A total of 12 analysts have provided revenue estimates for EQT’s current fiscal year. The highest revenue estimate was $6B, while the lowest revenue estimate was $5.14B, resulting in an average revenue estimate of $5.62B. In the same quarter a year ago, actual revenue was $5.62BBased on 12 analysts’ estimates, the company’s revenue will be $8.06B in the next fiscal year. The high estimate is $9.1B and the low estimate is $6.23B.
