Currently, there are 596.27M common shares owned by the public and among those 592.67M shares have been available to trade.
The company’s stock has a 5-day price change of 8.37% and 27.16% over the past three months. EQT shares are trading 20.51% year to date (YTD), with the 12-month market performance up to 19.40% higher. It has a 12-month low price of $30.02 and touched a high of $48.02 over the same period. EQT has an average intraday trading volume of 7.21 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 5.18%, 10.21%, and 22.86% respectively.
Institutional ownership of EQT Corp (NYSE: EQT) shares accounts for 101.80% of the company’s 596.27M shares outstanding.
It has a market capitalization of $27.89B and a beta (3y monthly) value of 1.13. The stock’s trailing 12-month PE ratio is 55.21, while the earnings-per-share (ttm) stands at $0.84. The company has a PEG of 2.50 and a Quick Ratio of 0.51 with the debt-to-equity ratio at 0.68. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.70% over the week and 2.75% over the month.
Analysts forecast that EQT Corp (EQT) will achieve an EPS of 0.49 for the current quarter, 0.95 for the next quarter and 2.8 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.33 while analysts give the company a high EPS estimate of 0.33. Comparatively, EPS for the current quarter was 0.48 a year ago. Earnings per share for the fiscal year are expected to decrease by -40.04%, and 107.27% over the next financial year.
Looking at the support for the EQT, a number of firms have released research notes about the stock. Mizuho stated their Outperform rating for the stock in a research note on December 16, 2024, with the firm’s price target at $48-$57. Bernstein coverage for the EQT Corp (EQT) stock in a research note released on December 06, 2024 offered a Mkt Perform rating with a price target of $50. RBC Capital Mkts was of a view on December 03, 2024 that the stock is Sector Perform, while BofA Securities gave the stock Buy rating on October 28, 2024, issuing a price target of $50. Citigroup on their part issued Buy rating on October 03, 2024.
