EQT Corp (NYSE: EQT) Seen Running Too Hot, Let’s Look At This More Closely

Currently, there are 596.27M common shares owned by the public and among those 591.68M shares have been available to trade.

The company’s stock has a 5-day price change of 0.52% and 24.17% over the past three months. EQT shares are trading 16.63% year to date (YTD), with the 12-month market performance up to 63.17% higher. It has a 12-month low price of $30.02 and touched a high of $54.85 over the same period. EQT has an average intraday trading volume of 7.69 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 2.89%, 10.38%, and 33.66% respectively.

Institutional ownership of EQT Corp (NYSE: EQT) shares accounts for 99.53% of the company’s 596.27M shares outstanding.

It has a market capitalization of $32.09B and a beta (3y monthly) value of 1.11. The stock’s trailing 12-month PE ratio is 63.74, while the earnings-per-share (ttm) stands at $0.84. The company has a PEG of 1.54 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 3.08% over the week and 3.07% over the month.

Earnings per share for the fiscal year are expected to increase by 90.90%, and 32.75% over the next financial year.

Looking at the support for the EQT, a number of firms have released research notes about the stock. Scotiabank stated their Sector Perform rating for the stock in a research note on January 17, 2025, with the firm’s price target at $54. Bernstein coverage for the EQT Corp (EQT) stock in a research note released on January 15, 2025 offered a Outperform rating with a price target of $73. Mizuho was of a view on December 16, 2024 that the stock is Outperform, while Bernstein gave the stock Mkt Perform rating on December 06, 2024, issuing a price target of $50. RBC Capital Mkts on their part issued Sector Perform rating on December 03, 2024.

Most Popular

Related Posts