A share price of Oneok Inc [OKE] is currently trading at $92.97, up 0.38%. 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 1.20% over the last week, with a monthly amount drifted -5.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wolfe Research upgraded its rating to Outperform on February 10, 2025, and kept the price target unchanged to $110. Scotiabank started tracking the stock assigning a Sector Outperform rating and suggested a price target of $109 on January 10, 2025. Wells Fargo downgraded its rating to a Equal Weight but $107 remained the price target by the analyst firm on December 18, 2024. In a note dated September 16, 2024, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $103 to $111.
Oneok Inc experienced fluctuations in its stock price throughout the past year between $76.23 and $118.07. Currently, Wall Street analysts expect the stock to reach $104.67 within the next 12 months. Oneok Inc [NYSE: OKE] shares were valued at $92.97 at the most recent close of the market. An investor can expect a potential return of 12.58% based on the average OKE price forecast.
Analyzing the OKE fundamentals
Trailing Twelve Months sales for Oneok Inc [NYSE:OKE] were 21.70B which represents 35.06% growth. Gross Profit Margin for this corporation currently stands at 0.29% 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 0.18 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.88.
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 92.23 points at the first support level, and at 91.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.25, and for the 2nd resistance point, it is at 95.54.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Oneok Inc [NYSE:OKE] is 0.90. In addition, the Quick Ratio stands at 0.74 and the Cash Ratio stands at 0.16. Considering the valuation of this stock, the price to sales ratio is 2.68, the price to book ratio is 3.18 and price to earnings (TTM) ratio is 17.97.
Transactions by insiders
Recent insider trading involved Blalack James W., Officer, that happened on Mar 05 ’25 when 2627.0 shares were purchased. Officer, Arenivas Jesse completed a deal on Feb 14 ’25 to buy 52784.0 shares. Meanwhile, Officer McKenzie Mark A bought 3800.0 shares on Dec 23 ’24.
