At the time of writing, Equinor ASA ADR [EQNR] stock is trading at $25.48, up 1.55%. An important factor to consider is whether the stock is rising or falling in short-term value. The EQNR shares have gain 5.51% over the last week, with a monthly amount glided 5.33%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Equinor ASA ADR [NYSE: EQNR] stock has seen the most recent analyst activity on October 14, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight but kept the price target unchanged to $25.80 for it. Previously, Morgan Stanley downgraded its rating to Underweight on August 29, 2024. On August 08, 2024, upgrade upgraded it’s rating to Reduce. UBS upgraded its rating to a Neutral. TD Cowen reiterated its recommendation of a Hold and raised its price target to $30 on April 26, 2024. In a note dated February 20, 2024, Morgan Stanley upgraded an Equal-Weight rating on this stock and boosted its target price from $26.40 to $28.50.
For the past year, the stock price of Equinor ASA ADR fluctuated between $23.84 and $32.00. Currently, Wall Street analysts expect the stock to reach $82.5 within the next 12 months. Equinor ASA ADR [NYSE: EQNR] shares were valued at $25.48 at the most recent close of the market. An investor can expect a potential return of 223.78% based on the average EQNR price forecast.
Analyzing the EQNR fundamentals
According to Equinor ASA ADR [NYSE:EQNR], the company’s sales were 104.81B for trailing twelve months, which represents an -1.96% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.2 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.62.
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 25.34 points at the first support level, and at 25.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.75, and for the 2nd resistance point, it is at 26.01.
Ratios To Look Out For
It is important to note that Equinor ASA ADR [NYSE:EQNR] has a current ratio of 1.48. On the other hand, the Quick Ratio is 1.38, and the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.66, the price to book ratio is 1.57 and price to earnings (TTM) ratio is 7.81.
