Is EQT Corp (NYSE: EQT) Back In The Buying Zone?

Currently, there are 441.60M common shares owned by the public and among those 420.60M shares have been available to trade.

The company’s stock has a 5-day price change of 4.53% and -18.10% over the past three months. EQT shares are trading -12.78% year to date (YTD), with the 12-month market performance down to -21.42% lower. It has a 12-month low price of $30.02 and touched a high of $45.23 over the same period. EQT has an average intraday trading volume of 8.38 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 2.93%, -5.82%, and -9.88% 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 105.76% of the company’s 441.60M shares outstanding.

It has a market capitalization of $14.89B and a beta (3y monthly) value of 1.07. The stock’s trailing 12-month PE ratio is 21.39, while the earnings-per-share (ttm) stands at $1.58. The company has a PEG of 1.43 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 3.44% over the week and 3.36% over the month.

Earnings per share for the fiscal year are expected to decrease by -37.95%, and 144.14% over the next financial year.

Looking at the support for the EQT, a number of firms have released research notes about the stock. Piper Sandler stated their Neutral rating for the stock in a research note on August 15, 2024, with the firm’s price target at $43-$32. Wells Fargo coverage for the EQT Corp (EQT) stock in a research note released on August 14, 2024 offered a Overweight rating with a price target of $42. JP Morgan was of a view on July 23, 2024 that the stock is Overweight, while Wolfe Research gave the stock Outperform rating on July 18, 2024, issuing a price target of $51. TD Cowen on their part issued Hold rating on April 19, 2024.

Most Popular

Related Posts