Oneok Inc [OKE] stock is trading at $96.64, up 0.92%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OKE shares have lost -2.02% over the last week, with a monthly amount drifted -3.94%, 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.
Oneok Inc [OKE] stock has fluctuated between $73.39 and $118.07 over the past year. Currently, Wall Street analysts expect the stock to reach $102.6 within the next 12 months. Oneok Inc [NYSE: OKE] shares were valued at $96.64 at the most recent close of the market. An investor can expect a potential return of 6.17% based on the average OKE price forecast.
Analyzing the OKE fundamentals
Oneok Inc [NYSE:OKE] reported sales of 21.70B for the trailing twelve months, which represents a growth of 35.06%. 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 0.04, Equity is 0.17 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.88.
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 95.30 points at the first support level, and at 93.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 97.84, and for the 2nd resistance point, it is at 99.03.
Ratios To Look Out For
For context, Oneok Inc’s Current Ratio is 0.90. Also, the Quick Ratio is 0.74, while the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 2.78, the price to book ratio is 3.31 and price to earnings (TTM) ratio is 18.67.
Transactions by insiders
Recent insider trading involved Arenivas Jesse, Officer, that happened on Feb 14 ’25 when 52784.0 shares were purchased. Officer, McKenzie Mark A completed a deal on Dec 23 ’24 to buy 3800.0 shares. Meanwhile, Officer King Tim T. bought 507.0 shares on Nov 13 ’24.
