Oneok Inc. (OKE) concluded trading on Wednesday at a closing price of $79.06, with 3.34 million shares of worth about $264.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 19.88% during that period and on April 10, 2024 the price saw a loss of about -1.01%. Currently the company’s common shares owned by public are about 583.09M shares, out of which, 581.61M shares are available for trading.
Stock saw a price change of -1.36% in past 5 days and over the past one month there was a price change of 2.29%. Year-to-date (YTD), OKE shares are showing a performance of 12.59% which increased to 19.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $55.91 but also hit the highest price of $80.81 during that period. The average intraday trading volume for Oneok Inc. shares is 3.06 million. The stock is currently trading 0.15% above its 20-day simple moving average (SMA20), while that difference is up 5.56% for SMA50 and it goes to 15.36% higher than SMA200.
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Oneok Inc. (NYSE: OKE) currently have 583.09M outstanding shares and institutions hold larger chunk of about 70.05% of that.
The stock has a current market capitalization of $46.10B and its 3Y-monthly beta is at 1.62. PE ratio of stock for trailing 12 months is 14.26, while it has posted earnings per share of $5.54 in the same period. Its PEG reads 1.23 and has Quick Ratio of 0.67 while making debt-to-equity ratio of 1.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for OKE, volatility over the week remained 1.58% while standing at 1.32% over the month.
Analysts are in expectations that Oneok Inc. (OKE) stock would likely to be making an EPS of $1.21 in the current quarter, while forecast for next quarter EPS is $1.22 and it is $5.52 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.12 which is $1.3 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $2.34 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -9.26% while it is estimated to increase by 10.31% in next year. EPS is likely to shrink at an annualized rate of 11.60% for next 5-years, compared to annual growth of 14.52% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Seaport Research Partners on February 08, 2024 offering a Buy rating for the stock and assigned a target price of $76 to it. On December 04, 2023, BofA Securities Upgrade their recommendations, while on November 02, 2023, Truist Downgrade their ratings for the stock with a price target of $68. Stock get an Underperform rating from Pickering Energy Partners on October 03, 2023.
