Oneok Inc [OKE] stock is trading at $96.43, up 3.13%. 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 7.66% over the last week, with a monthly amount drifted -1.22%, 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 [OKE] stock has fluctuated between $76.23 and $118.07 over the past year. Currently, Wall Street analysts expect the stock to reach $101.5 within the next 12 months. Oneok Inc [NYSE: OKE] shares were valued at $96.43 at the most recent close of the market. An investor can expect a potential return of 5.26% 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 0.29% 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 94.59 points at the first support level, and at 92.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 97.57, and for the 2nd resistance point, it is at 98.72.
Ratios To Look Out For
For context, Oneok Inc’s Current Ratio is 0.90. As well, the Quick Ratio is 0.74, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 2.77, the price to book ratio is 3.30 and price to earnings (TTM) ratio is 18.63.
Transactions by insiders
Recent insider trading involved King Tim T., Officer, that happened on Mar 14 ’25 when 2500.0 shares were purchased. EnLink Board Member, Jan 31, 2, CEPAK TIFFANY THOM completed a deal on Mar 13 ’25 to buy 5020.0 shares. Meanwhile, Officer Blalack James W. bought 2627.0 shares on Mar 05 ’25.
