At the time of writing, Oneok Inc [OKE] stock is trading at $98.97, up 1.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The OKE shares have gain 3.29% over the last week, with a monthly amount drifted -6.67%, and not 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 February 10, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $110 for it. On January 10, 2025, Scotiabank initiated with a Sector Outperform rating and assigned a price target of $109 on the stock. Wells Fargo downgraded its rating to a Equal Weight but stick to its price target of $107 on December 18, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on September 16, 2024, and upped its price target to $111. In a note dated February 08, 2024, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $76.
For the past year, the stock price of Oneok Inc fluctuated between $68.65 and $118.07. Currently, Wall Street analysts expect the stock to reach $102.6 within the next 12 months. Oneok Inc [NYSE: OKE] shares were valued at $98.97 at the most recent close of the market. An investor can expect a potential return of 3.67% based on the average OKE price forecast.
Analyzing the OKE fundamentals
According to Oneok Inc [NYSE:OKE], the company’s sales were 19.88B for trailing twelve months, which represents an 20.80% jump. 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 97.64 points at the first support level, and at 96.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 99.75, and for the 2nd resistance point, it is at 100.53.
Ratios To Look Out For
It is important to note that Oneok Inc [NYSE:OKE] has a current ratio of 0.81. In addition, the Quick Ratio stands at 0.59 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 3.11, the price to book ratio is 3.42 and price to earnings (TTM) ratio is 20.72.
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.
