Oneok Inc. [NYSE: OKE] closed the trading session at $90.24.
The stocks have a year to date performance of 28.51 percent and weekly performance of -1.18 percent. The stock has been moved at 16.21 percent over the last six months. The stock has performed 5.94 percent around the most recent 30 days and changed 13.31 percent over the most recent 3-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
If compared to the average trading volume of 2.62M shares, OKE reached to a volume of 3359303 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Oneok Inc. [OKE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OKE shares is $94.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OKE stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Seaport Research Partners have made an estimate for Oneok Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 08, 2024. The new note on the price target was released on January 10, 2024, representing the official price target for Oneok Inc. stock. Previously, the target price had yet another raise from $72 to $83, while BofA Securities kept a Buy rating on OKE stock.
The Average True Range (ATR) for Oneok Inc. is set at 1.76, with the Price to Sales ratio for OKE stock in the period of the last 12 months amounting to 2.77. The Price to Book ratio for the last quarter was 3.15, with the Price to Cash per share for the same quarter was set at 0.06. Price to Free Cash Flow for OKE in the course of the last twelve months was 20.86 with Quick ratio for the last quarter at 0.41.
OKE stock trade performance evaluation
Oneok Inc. [OKE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.18. With this latest performance, OKE shares gained by 5.94% in over the last four-week period, additionally plugging by 16.21% over the last 6 months – not to mention a rise of 39.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OKE stock in for the last two-week period is set at 58.06, with the RSI for the last a single of trading hit 53.72, and the three-weeks RSI is set at 59.34 for Oneok Inc. [OKE]. The present Moving Average for the last 50 days of trading for this stock 85.59, while it was recorded at 91.37 for the last single week of trading, and 77.81 for the last 200 days.
Oneok Inc. [OKE]: An insightful look at the core fundamentals
Oneok Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.41 and a Current Ratio set at 0.62.
Earnings per share (EPS) analysis for Oneok Inc. [OKE] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OKE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Oneok Inc. go to 2.60%.
Oneok Inc. [OKE]: Institutional Ownership
There are presently around $70.29%, or 70.42%% of OKE stock, in the hands of institutional investors. The top three institutional holders of OKE stocks are: VANGUARD GROUP INC with ownership of 69.31 million shares, which is approximately 11.8633%. BLACKROCK INC., holding 50.86 million shares of the stock with an approximate value of $$4.15 billion in OKE stocks shares; and BLACKROCK INC., currently with $$3.21 billion in OKE stock with ownership which is approximately 6.7471%.
