Detailed Review Of Prospects For EQT Corp Stock

A share price of EQT Corp [EQT] is currently trading at $37.30, up 0.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EQT shares have gain 1.80% over the last week, with a monthly amount glided 15.27%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

EQT Corp [NYSE: EQT] stock has seen the most recent analyst activity on October 03, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $44 from $37. On August 15, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $32 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $42 on August 14, 2024. JP Morgan upgraded its rating to a Overweight but $42 remained the price target by the analyst firm on July 23, 2024.

EQT Corp experienced fluctuations in its stock price throughout the past year between $30.02 and $45.23. Currently, Wall Street analysts expect the stock to reach $41.42 within the next 12 months. EQT Corp [NYSE: EQT] shares were valued at $37.30 at the most recent close of the market. An investor can expect a potential return of 11.05% based on the average EQT price forecast.

Analyzing the EQT fundamentals

Trailing Twelve Months sales for EQT Corp [NYSE:EQT] were 4.58B which represents 4.31% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.

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 36.78 points at the first support level, and at 36.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.59, and for the 2nd resistance point, it is at 37.88.

Ratios To Look Out For

To put it in perspective, the Current Ratio for EQT Corp [NYSE:EQT] is 0.73. As well, the Quick Ratio is 0.73, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 3.60, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 23.66.

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.

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