EQT Corp (NYSE: EQT) – Suitable For Long Term Buy?

Currently, there are 419.90M common shares owned by the public and among those 413.49M shares have been available to trade.

The company’s stock has a 5-day price change of -11.33% and -24.98% over the past three months. EQT shares are trading -21.86% year to date (YTD), with the 12-month market performance down to -27.61% lower. It has a 12-month low price of $31.41 and touched a high of $45.23 over the same period. EQT has an average intraday trading volume of 7.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -14.49%, -19.91%, and -20.47% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of EQT Corp (NYSE: EQT) shares accounts for 98.50% of the company’s 419.90M shares outstanding.

It has a market capitalization of $13.34B and a beta (3y monthly) value of 1.09. The stock’s trailing 12-month PE ratio is 19.16, while the earnings-per-share (ttm) stands at $1.58. The company has a PEG of 1.28 and a Quick Ratio of 0.73 with the debt-to-equity ratio at 0.33. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.62% over the week and 2.94% over the month.

Earnings per share for the fiscal year are expected to decrease by -38.00%, and 154.24% over the next financial year.

Looking at the support for the EQT, a number of firms have released research notes about the stock. JP Morgan stated their Overweight rating for the stock in a research note on July 23, 2024, with the firm’s price target at $42. Wolfe Research coverage for the EQT Corp (EQT) stock in a research note released on July 18, 2024 offered a Outperform rating with a price target of $51. TD Cowen was of a view on April 19, 2024 that the stock is Hold, while Wells Fargo gave the stock Equal Weight rating on April 17, 2024, issuing a price target of $48- $37. Scotiabank on their part issued Sector Outperform rating on April 11, 2024.

Most Popular

Related Posts