At the time of writing, Oneok Inc [OKE] stock is trading at $81.82, down -5.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OKE shares have lost -0.90% over the last week, with a monthly amount drifted -18.71%, 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.
For the past year, the stock price of Oneok Inc fluctuated between $75.47 and $118.07. Currently, Wall Street analysts expect the stock to reach $117.5 within the next 12 months. Oneok Inc [NYSE: OKE] shares were valued at $81.82 at the most recent close of the market. An investor can expect a potential return of 43.61% based on the average OKE price forecast.
Analyzing the OKE fundamentals
According to Oneok Inc [NYSE:OKE], the company’s sales were 21.70B for trailing twelve months, which represents an 35.06% jump. 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. 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 79.93 points at the first support level, and at 78.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.72, and for the 2nd resistance point, it is at 87.62.
Ratios To Look Out For
It is important to note that Oneok Inc [NYSE:OKE] has a current ratio of 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 2.36, the price to book ratio is 2.80 and price to earnings (TTM) ratio is 15.81.
Transactions by insiders
Recent insider trading involved KING DEBBIE G, Officer, that happened on Mar 25 ’25 when 2500.0 shares were purchased. Officer, GREGORY D LUSARDI completed a deal on Mar 19 ’25 to buy 3750.0 shares. Meanwhile, Officer King Tim T. bought 2500.0 shares on Mar 14 ’25.
