Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
EQT (EQT)
NYSE:EQT
EQT (EQT) Stock Price & Analysis
1,281 Followers
EQT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.80 - $44.68
Previous Close$41.17
Volume5.20M
Average Volume (3M)6.97M
Market Cap
$18.18B
Enterprise Value$22.66B
Total Cash (Recent Filing)$80.98M
Total Debt (Recent Filing)$4.55B
Price to Earnings (P/E)30.0
Beta0.97
Next Earnings
Jul 24, 2024EPS Estimate
$0.02Last Dividend Ex-Date
May 07, 2024Dividend Yield1.49%
Share Statistics
EPS (TTM)1.37
Shares Outstanding441,592,000
10 Day Avg. Volume5,201,481
30 Day Avg. Volume6,968,128
Standard Deviation0.21
R-Squared0.08
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)2.63
Price to Cash Flow (P/CF)7.20
P/FCF Ratio30.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.84
Enterprise Value/Gross Profit4.77
Enterprise Value/Ebitda6.13
Forecast
1Y Price Target
$44.72Price Target Upside8.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EQT News
Bulls Say, Bears Say
Bulls Say
Cost Structure And Market PositionEQT's strategic acquisitions and improved cost structures position it as the lowest cost natural gas producer, offering resilience and competitive advantage in the natural gas market.
Debt ManagementEQT is on track with its debt reduction, targeting a BBB credit rating through significant asset sales and robust free cash flow, reinforcing investor confidence in its financial stability.
Financial PerformanceEQT's Q1 financial results exceeded expectations with higher production volumes and favorable natural gas realizations, showcasing the company's ability to surpass analyst estimates and manage costs effectively.
Bears Say
Financial PerformanceEQT's total volumes are impacted by announced curtailments.
Financial RatiosEQT's net debt to EBITDA ratio projected to be higher than peers, suggesting a less favorable debt position.
Mergers And AcquisitionsEQT's proposed merger with ETRN expected to lower net asset value by approximately 13% to $39 per share.
---
Ownership Overview
7.13% Insiders
37.84% Mutual Funds
43.14% Other Institutional Investors
11.89% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
EQT FAQ
What was EQT’s price range in the past 12 months?
EQT lowest stock price was $31.80 and its highest was $44.68 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 Jul 24, 2024 which is in 67 days.
How were EQT’s earnings last quarter?
EQT released its earnings results on Apr 23, 2024. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.646 by $0.174.
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 1.49%. See more information on EQT dividends here
What is EQT’s EPS estimate?
EQT’s EPS estimate is $0.02.
How many shares outstanding does EQT have?
EQT has 441,592,000 shares outstanding.
What happened to EQT’s price movement after its last earnings report?
EQT reported an EPS of $0.82 in its last earnings report, beating expectations of $0.646. Following the earnings report the stock price went up 3.833%.
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.
---
EQT Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$44.72 (8.62% Upside)
$44.72 (8.62% Upside)
Blogger Sentiment
Bullish
EQT Sentiment 93%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.14%
12-Months-Change
Fundamentals
Return on Equity
4.55%
Trailing 12-Months
Asset Growth
12.11%
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.
---
EQT Company Deck
---
EQT Earnings Call
Q1 2024
0:00 / 0:00
---
EQT Stock 12 Month Forecast
Average Price Target
$44.72
▲(8.62% Upside)
Technical Analysis
Best Analysts Covering EQT
1 Year
1 Year Success Rate
31/37 ratings generated profit
1 Year Average Return
+33.52%
reiterated a buy rating 3 months ago
Copying Scott Hanold's trades and holding each position for 1 Year would result in 83.78% of your transactions generating a profit, with an average return of +33.52% per trade.
---