With 7.22 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.71 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $43.61 whereas the lowest price it dropped to was $42.38. The 52-week range on EQT shows that it touched its highest point at $44.28 and its lowest point at $30.02 during that stretch. It currently has a 1-year price target of $43.29. With its current market cap of 25.57 billion, EQT has annualized dividend of $0.63 while the current yield stands at 1.47%. Beta for the stock currently stands at 1.13.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EQT was up-trending over the past week, with a rise of 5.33%, but this was up by 16.85% over a month. Three-month performance surged to 33.31% while six-month performance rose 5.80%. The stock gained 7.42% in the past year, while it has gained 10.86% so far this year. A look at the trailing 12-month EPS for EQT yields 0.84 with Next year EPS estimates of 2.97. For the next quarter, that number is 0.46. This implies an EPS growth rate of -40.67% for this year and 118.86% for next year.
Float and Shares Shorts:
At present, 441.60 million EQT shares are outstanding with a float of 438.28 million shares on hand for trading. On 2024-10-31, short shares totaled 19.47 million, which was 326.0 higher than short shares on 1727654400. In addition to Mr. Toby Z. Rice as the firm’s President, CEO & Director, Mr. Jeremy T. Knop serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.97008 of EQT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EQT reported revenue of $1216986000.0 and operating income of -$326444000.0. The EBITDA in the recently reported quarter was $254538000.0 and diluted EPS was -$0.54.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EQT since 28 analysts follow the stock currently. There are 22 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EQT analysts setting a high price target of 55.0 and a low target of 32.0, the average target price over the next 12 months is 41.92773. Based on these targets, EQT could surge 28.32% to reach the target high and fall by -25.34% to reach the target low. Reaching the average price target will result in a decline of -2.18% from current levels.
Analysts have provided yearly estimates in a range of $1.81498 being high and $0.8385 being low. For EQT, this leads to a yearly average estimate of $1.35858. The surprise factor in the prior quarter was -$0.18. Based on analyst estimates, the high estimate for the next quarter is $1.25 and the low estimate is $0.5. The average estimate for the next quarter is thus $0.87.
