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EQT (EQT)
NYSE:EQT
EQT (EQT) Stock Price & Analysis
1,251 Followers
EQT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$30.33 - $44.86
Previous Close$36.04
Volume6.79M
Average Volume (3M)6.51M
Market Cap
$15.88B
Enterprise Value$20.36B
Total Cash (Recent Filing)$80.98M
Total Debt (Recent Filing)$4.55B
Price to Earnings (P/E)8.5
Beta0.92
Next Earnings
Apr 23, 2024EPS Estimate
$0.65Last Dividend Ex-Date
Feb 16, 2024Dividend Yield1.7%
Share Statistics
EPS (TTM)4.23
Shares Outstanding440,427,000
10 Day Avg. Volume5,460,012
30 Day Avg. Volume6,506,002
Standard Deviation0.21
R-Squared0.08
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.08
Price to Sales (P/S)2.30
Price to Cash Flow (P/CF)6.40
P/FCF Ratio27.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.45
Enterprise Value/Gross Profit4.29
Enterprise Value/Ebitda5.51
Forecast
1Y Price Target
$43.19Price Target Upside19.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EQT News
PremiumStock Analysis & Ideas
Top Wall Street Names Explore Fresh Opportunities Amid Muted M&A Flow
PremiumPress Releases
EQT Declares Quarterly Cash Dividend
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEQT is expected to generate EBITDA of $3.3bn with FCF of $657mn in '24 at revised pricing estimates.
Operational EfficiencyThe acquisition strengthens EQT long-term via lower operating costs, improved FCF conversion, and lower earnings volatility.
Strategic AcquisitionWith this midstream acquisition, EQT is now better positioned to compete globally with a fully integrated natural gas business.
Bears Say
Financial Health And DebtEQT's net debt to EBITDA ratio projected to be higher than peers, suggesting a less favorable debt position.
Merger And Acquisition ConcernsThe acquisition meaningfully increases financial leverage, being dilutive to most financial metrics.
Regulatory And Environmental RisksConcerns around MVP timing adds another risk element with the latest in-service date expected by the end of 2Q24, as it remains challenged by environmental groups.
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Ownership Overview
7.14% Insiders
37.80% Mutual Funds
25.65% Other Institutional Investors
29.41% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EQT FAQ
What was EQT’s price range in the past 12 months?
EQT lowest stock price was $30.33 and its highest was $44.85 in the past 12 months.
What is EQT’s market cap?
Currently, no data Available
When is EQT’s upcoming earnings report date?
EQT’s upcoming earnings report date is Apr 23, 2024 which is in 4 days.
How were EQT’s earnings last quarter?
EQT released its earnings results on Feb 13, 2024. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.473 by $0.007.
Is EQT overvalued?
According to Wall Street analysts EQT’s price is currently Undervalued.
Does EQT pay dividends?
EQT pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 1.7%. See more information on EQT dividends here
What is EQT’s EPS estimate?
EQT’s EPS estimate is $0.65.
How many shares outstanding does EQT have?
EQT has 440,720,920 shares outstanding.
What happened to EQT’s price movement after its last earnings report?
EQT reported an EPS of $0.48 in its last earnings report, beating expectations of $0.473. Following the earnings report the stock price went down -3.329%.
Which hedge fund is a major shareholder of EQT?
Among the largest hedge funds holding EQT’s share is Appaloosa Management LP. It holds EQT’s shares valued at 80M.
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EQT Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$43.19 (19.24% Upside)
$43.19 (19.24% Upside)
Blogger Sentiment
Bullish
EQT Sentiment 93%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.74%
12-Months-Change
Fundamentals
Return on Equity
13.38%
Trailing 12-Months
Asset Growth
11.39%
Trailing 12-Months
Company Description
EQT
EQT Corp. engages in natural gas production, gathering, and transmission in the Appalachian area. The EQT Production segment focuses on the exploration, development and production of natural gas, natural gas liquids and crude oil. The company was founded in 1888 and is headquartered in Pittsburgh, PA.
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EQT Company Deck
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EQT Earnings Call
Q4 2024
0:00 / 0:00
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EQT Stock 12 Months Forecast
Average Price Target
$43.19
▲(19.24% Upside)
Technical Analysis
Best Analysts Covering EQT
1 Year
1 Year Success Rate
26/38 ratings generated profit
1 Year Average Return
+29.64%
reiterated a buy rating 2 months ago
Copying Scott Hanold's trades and holding each position for 1 Year would result in 68.42% of your transactions generating a profit, with an average return of +29.64% per trade.
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