Oneok Inc [OKE] stock prices are up 1.98% to $106.04 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OKE shares have gain 4.35% over the last week, with a monthly amount glided 1.64%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oneok Inc [NYSE: OKE] stock has seen the most recent analyst activity on January 10, 2025, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $109. Previously, Wells Fargo downgraded its rating to Equal Weight on December 18, 2024, and kept the price target unchanged to $107. Morgan Stanley upgraded its rating to a Overweight and increased its price target to $111 on September 16, 2024. Seaport Research Partners upgraded its rating to a Buy but $76 remained the price target by the analyst firm on February 08, 2024. Wolfe Research upgraded its rating to Peer Perform for this stock on January 10, 2024. In a note dated December 04, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $72 to $83.
The stock price of Oneok Inc [OKE] has been fluctuating between $67.05 and $118.07 over the past year. Currently, Wall Street analysts expect the stock to reach $97.86 within the next 12 months. Oneok Inc [NYSE: OKE] shares were valued at $106.04 at the most recent close of the market. An investor can expect a potential drop of -7.71% based on the average OKE price forecast.
Analyzing the OKE fundamentals
The Oneok Inc [NYSE:OKE] reported sales of 19.88B for trailing twelve months, representing a surge of 20.80%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.17 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.66.
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 104.27 points at the first support level, and at 102.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.49, and for the 2nd resistance point, it is at 108.94.
Ratios To Look Out For
It’s worth pointing out that Oneok Inc [NYSE:OKE]’s Current Ratio is 0.81. As well, the Quick Ratio is 0.59, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 3.12, the price to book ratio is 3.67 and price to earnings (TTM) ratio is 22.20.
Transactions by insiders
Recent insider trading involved McKenzie Mark A, Officer, that happened on Dec 23 ’24 when 3800.0 shares were purchased. Officer, King Tim T. completed a deal on Nov 13 ’24 to buy 507.0 shares. Meanwhile, Director MOORE PATTYE L sold 3379.0 shares on Sep 05 ’24.
