Monthly Drifts in EQT Corp (EQT) Stock: A Closer Look

EQT Corp [EQT] stock is trading at $50.08, up 2.20%. An important factor to consider is whether the stock is rising or falling in short-term value. The EQT shares have gain 6.51% over the last week, with a monthly amount glided 16.33%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

EQT Corp [NYSE: EQT] stock has seen the most recent analyst activity on December 16, 2024, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $57 from $48. Previously, Bernstein started tracking the stock with Mkt Perform rating on December 06, 2024, and set its price target to $50. Citigroup upgraded its rating to a Buy and raised its price target to $44 on October 03, 2024. In a note dated August 15, 2024, Piper Sandler downgraded an Neutral rating on this stock and revised its target price from $43 to $32.

EQT Corp [EQT] stock has fluctuated between $30.02 and $50.03 over the past year. Currently, Wall Street analysts expect the stock to reach $41 within the next 12 months. EQT Corp [NYSE: EQT] shares were valued at $50.08 at the most recent close of the market. An investor can expect a potential drop of -18.13% based on the average EQT price forecast.

Analyzing the EQT fundamentals

EQT Corp [NYSE:EQT] reported sales of 4.79B for the trailing twelve months, which represents a growth of 20.71%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.05 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.

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 49.21 points at the first support level, and at 48.34 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.53, and for the 2nd resistance point, it is at 50.99.

Ratios To Look Out For

For context, EQT Corp’s Current Ratio is 0.51. On the other hand, the Quick Ratio is 0.51, and the Cash Ratio is 4.33. Considering the valuation of this stock, the price to sales ratio is 6.24, the price to book ratio is 1.47 and price to earnings (TTM) ratio is 59.35.

Transactions by insiders

Recent insider trading involved KARAM THOMAS F, Director, that happened on Dec 03 ’24 when 30154.0 shares were sold. Director, KARAM THOMAS F completed a deal on Dec 03 ’24 to sell 15768.0 shares. Meanwhile, Director Thomas F. Karam bought 35000.0 shares on Dec 03 ’24.

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