EQT Corp [EQT] stock prices are down -1.42% to $33.24 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EQT shares have gain 6.71% over the last week, with a monthly amount drifted -6.81%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
EQT Corp [NYSE: EQT] stock has seen the most recent analyst activity on August 15, 2024, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $32 from $43. Previously, Wells Fargo upgraded its rating to Overweight on August 14, 2024, and elevated its price target to $42. On July 23, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $42 on the stock. Wells Fargo downgraded its rating to Equal Weight for this stock on April 17, 2024, and downed its price target to $37. In a note dated April 11, 2024, Scotiabank upgraded an Sector Outperform rating on this stock but restated the target price of $52.
The stock price of EQT Corp [EQT] has been fluctuating between $30.02 and $45.23 over the past year. Currently, Wall Street analysts expect the stock to reach $41.16 within the next 12 months. EQT Corp [NYSE: EQT] shares were valued at $33.24 at the most recent close of the market. An investor can expect a potential return of 23.83% based on the average EQT price forecast.
Analyzing the EQT fundamentals
The EQT Corp [NYSE:EQT] reported sales of 4.58B for trailing twelve months, representing a surge of 4.31%. Gross Profit Margin for this corporation currently stands at 0.02% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.33.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.77 points at the first support level, and at 32.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.66, and for the 2nd resistance point, it is at 34.09.
Ratios To Look Out For
It’s worth pointing out that EQT Corp [NYSE:EQT]’s Current Ratio is 0.73. In addition, the Quick Ratio stands at 0.73 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 3.21, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 21.08.
Transactions by insiders
Recent insider trading involved Jordan William E., EVP, GC AND CORP SEC, that happened on May 29 ’24 when 35000.0 shares were sold. CHIEF HUMAN RESOURCES OFFICER, Evancho Lesley completed a deal on May 28 ’24 to sell 46884.0 shares. Meanwhile, 10% Owner VANLOH S WIL JR sold 20.0 million shares on Sep 14 ’23.
