EQT Corp [NYSE: EQT] closed the trading session at $36.28.
The stocks have a year to date performance of -6.16 percent and weekly performance of -2.13 percent. The stock has been moved at 0.22 percent over the last six months. The stock has performed 8.14 percent around the most recent 30 days and changed 1.91 percent over the most recent 3-months.
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If compared to the average trading volume of 8.47M shares, EQT reached to a volume of 5318196 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 EQT Corp [EQT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EQT shares is $42.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EQT stock is a recommendation set at 1.88. 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.
Citigroup have made an estimate for EQT Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 03, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price to Neutral. The new note on the price target was released on August 23, 2024, representing the official price target for EQT Corp stock. Previously, the target price had yet another drop from $43 to $32, while Piper Sandler kept a Neutral rating on EQT stock. On August 14, 2024, analysts increased their price target for EQT shares from 40 to 42.
The Average True Range (ATR) for EQT Corp is set at 0.97, with the Price to Sales ratio for EQT stock in the period of the last 12 months amounting to 3.50. The Price to Book ratio for the last quarter was 1.06, with the Price to Cash per share for the same quarter was set at 0.07. Price to Free Cash Flow for EQT in the course of the last twelve months was 37.54 with Quick ratio for the last quarter at 0.73.
EQT stock trade performance evaluation
EQT Corp [EQT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.13. With this latest performance, EQT shares gained by 8.14% in over the last four-week period, additionally plugging by 0.22% over the last 6 months – not to mention a drop of -16.35% 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 EQT stock in for the last two-week period is set at 54.53, with the RSI for the last a single of trading hit 50.58, and the three-weeks RSI is set at 55.03 for EQT Corp [EQT]. The present Moving Average for the last 50 days of trading for this stock 33.97, while it was recorded at 36.69 for the last single week of trading, and 36.37 for the last 200 days.
EQT Corp [EQT]: An insightful look at the core fundamentals
EQT Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.73 and a Current Ratio set at 0.73.
Earnings per share (EPS) analysis for EQT Corp [EQT] stock
With the latest financial reports released by the company, EQT Corp posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at -0.08/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.38. 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 EQT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for EQT Corp go to 15.00%.
EQT Corp [EQT]: Institutional Ownership
There are presently around $77.10%, or 77.53%% of EQT stock, in the hands of institutional investors. The top three institutional holders of EQT stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 66.77 million shares, which is approximately 15.1075%. WELLINGTON MANAGEMENT GROUP LLP, holding 53.45 million shares of the stock with an approximate value of $$1.98 billion in EQT stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $$1.97 billion in EQT stock with ownership which is approximately 12.0718%.
