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EQT (EQT)
NYSE:EQT
EQT (EQT) Stock Price & Analysis
1,322 Followers
EQT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$31.80 - $44.68
Previous Close$36.32
Volume7.09M
Average Volume (3M)6.57M
Market Cap
$16.04B
Enterprise Value$20.41B
Total Cash (Recent Filing)$648.05M
Total Debt (Recent Filing)$5.01B
Price to Earnings (P/E)26.5
Beta0.76
Next Earnings
Jul 23, 2024EPS Estimate
-$0.05Last Dividend Ex-Date
May 07, 2024Dividend Yield1.71%
Share Statistics
EPS (TTM)1.37
Shares Outstanding441,592,000
10 Day Avg. Volume7,700,601
30 Day Avg. Volume6,570,139
Standard Deviation0.20
R-Squared0.07
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.11
Price to Sales (P/S)12.50
Price to Cash Flow (P/CF)6.50
P/FCF Ratio27.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.33
Enterprise Value/Gross Profit22.04
Enterprise Value/Ebitda8.63
Forecast
1Y Price Target
$44.69Price Target Upside23.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EQT News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst's price target revised to $49 from $48, indicating a positive valuation outlook for the stock.
Operational EfficiencyTransmission assets are becoming more valuable given the potential growth in gas demand for AI datacenter power generation.
Strategic AcquisitionsEQT’s acquisition of Equitrans positions it as the lowest cost natural gas producer by combining its existing core acreage position and operational excellence with an advantaged cost structure via gathering, transmission, and water ownership.
Bears Say
EarningsA ~31% miss on EBITDA vs. current Street consensus is expected due to modestly weaker than guidance gas prices.
Merger And AcquisitionThe ETRN merger lowers NAV by approximately 13% due to higher leverage and equity value dilution.
Production GuidanceEQT reduced its total production guidance for 2024 due to production curtailment, reflecting 1.0 Bcf/d of curtailments through May with potential for more.
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Ownership Overview
7.12% Insiders
45.16% Mutual Funds
25.42% Other Institutional Investors
22.30% 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.
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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 23, 2024 which is in 16 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 1.71%. See more information on EQT dividends here
What is EQT’s EPS estimate?
EQT’s EPS estimate is -$0.05.
How many shares outstanding does EQT have?
EQT has 441,592,960 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 76M.
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EQT Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$44.69 (23.05% Upside)
$44.69 (23.05% Upside)
Blogger Sentiment
Bullish
EQT Sentiment 86%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 77.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.67%
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.
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EQT Company Deck
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EQT Earnings Call
Q1 2024
0:00 / 0:00
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EQT Stock 12 Month Forecast
Average Price Target
$44.69
▲(23.05% Upside)
Technical Analysis
Best Analysts Covering EQT
1 Year
1 Year Success Rate
26/37 ratings generated profit
1 Year Average Return
+31.52%
reiterated a buy rating 4 months ago
Copying Scott Hanold's trades and holding each position for 1 Year would result in 70.27% of your transactions generating a profit, with an average return of +31.52% per trade.
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