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Oneok Inc. (NYSE: OKE) closed the day trading at $78.37 up 0.38% from the previous closing price of $78.07. In other words, the price has increased by $0.38 from its previous closing price. On the day, 2.27 million shares were traded. OKE stock price reached its highest trading level at $79.01 during the session, while it also had its lowest trading level at $78.25.
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 703.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.24.
BofA Securities Upgraded its Neutral to Buy on December 04, 2023, whereas the target price for the stock was revised from $72 to $83.
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 Mar 01 ’24 when Smith Wayne Thomas bought 2,700 shares for $75.25 per share. The transaction valued at 203,175 led to the insider holds 2,700 shares of the business.
RODRIGUEZ EDUARDO A sold 800 shares of OKE for $56,230 on Dec 22 ’23. The Director now owns 25,154 shares after completing the transaction at $70.29 per share. On Jun 29 ’23, another insider, NORTON PIERCE, who serves as the President & CEO of the company, bought 24,607 shares for $60.96 each. As a result, the insider paid 1,500,018 and bolstered with 42,017 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 45740417024 and an Enterprise Value of 67676409856. As of this moment, Oneok’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.24, and their Forward P/E ratio for the next fiscal year is 14.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.58 while its Price-to-Book (P/B) ratio in mrq is 2.78. Its current Enterprise Value per Revenue stands at 3.773 whereas that against EBITDA is 14.529.
Stock Price History:
Over the past 52 weeks, OKE has reached a high of $81.81, while it has fallen to a 52-week low of $55.91. The 50-Day Moving Average of the stock is 0.09%, while the 200-Day Moving Average is calculated to be 11.78%.
Shares Statistics:
Over the past 3-months, OKE traded about 2.95M shares per day on average, while over the past 10 days, OKE traded about 2657610 shares per day. A total of 583.09M shares are outstanding, with a floating share count of 582.10M. Insiders hold about 0.27% of the company’s shares, while institutions hold 70.17% stake in the company. Shares short for OKE as of 1713139200 were 10724051 with a Short Ratio of 3.63, compared to 1710460800 on 11834049. Therefore, it implies a Short% of Shares Outstanding of 10724051 and a Short% of Float of 2.09.
Dividends & Splits
OKE’s forward annual dividend rate is 3.89, up from 3.89 a year ago. Against a Trailing Annual Dividend Yield of 0.04982708The stock’s 5-year Average Dividend Yield is 7.04.
