EQT Corp [NYSE: EQT] gained 2.20% or 1.08 points to close at $50.08 with a heavy trading volume of 9284976 shares.
The daily chart for EQT points out that the company has recorded 34.59% gains over the past six months.
If we look at the average trading volume of 7.15M shares, EQT reached to a volume of 9284976 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $51.28 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 1.93. 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.
Mizuho have made an estimate for EQT Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 16, 2024. While these analysts kept the previous recommendation, Bernstein raised their target price to Mkt Perform. The new note on the price target was released on December 06, 2024, representing the official price target for EQT Corp stock. Previously, the target price had yet another raise to $49, while RBC Capital Mkts analysts kept a Sector Perform rating on EQT stock.
The Average True Range (ATR) for EQT Corp is set at 1.32, with the Price to Sales ratio for EQT stock in the period of the last 12 months amounting to 6.24. The Price to Book ratio for the last quarter was 1.47, with the Price to Cash per share for the same quarter was set at 0.15. Price to Free Cash Flow for EQT in the course of the last twelve months was 59.78 with Quick ratio for the last quarter at 0.51.
Trading performance analysis for EQT stock
EQT Corp [EQT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.51. With this latest performance, EQT shares gained by 16.33% in over the last four-week period, additionally plugging by 34.59% over the last 6 months – not to mention a rise of 32.80% 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 73.54, with the RSI for the last a single of trading hit 79.75, and the three-weeks RSI is set at 69.98 for EQT Corp [EQT]. The present Moving Average for the last 50 days of trading for this stock 44.08, while it was recorded at 48.77 for the last single week of trading, and 38.48 for the last 200 days.
EQT Corp [EQT]: A deeper dive into fundamental analysis
EQT Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.51 and a Current Ratio set at 0.51.
An analysis of Institutional ownership at EQT Corp [EQT]
There are presently around $102.43%, or 103.02%% 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%.
