Assessing Whether Oneok Inc (NYSE: OKE) Is Over- Or Undervalued

Oneok Inc (OKE) concluded trading on Wednesday at a closing price of $84.66, with 3.74 million shares of worth about $316.63 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.93% during that period and on April 23, 2025 the price saw a gain of about 0.73%. Currently the company’s common shares owned by public are about 624.62M shares, out of which, 623.31M shares are available for trading.

Stock saw a price change of 0.59% in past 5 days and over the past one month there was a price change of -17.24%. Year-to-date (YTD), OKE shares are showing a performance of -15.68% which increased to 6.32% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.47 but also hit the highest price of $118.07 during that period. The average intraday trading volume for Oneok Inc shares is 4.46 million. The stock is currently trading -4.26% below its 20-day simple moving average (SMA20), while that difference is down -9.41% for SMA50 and it goes to -11.41% lower than SMA200.

Oneok Inc (NYSE: OKE) currently have 624.62M outstanding shares and institutions hold larger chunk of about 68.66% of that.

The stock has a current market capitalization of $52.88B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 16.36, while it has posted earnings per share of $5.17 in the same period. Its PEG reads 1.65 and has Quick Ratio of 0.74 while making debt-to-equity ratio of 1.90. 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 3.49% while standing at 4.80% over the month.

Stock’s fiscal year EPS is expected to rise by 6.06% while it is estimated to increase by 12.76% in next year. EPS is likely to shrink at an annualized rate of 9.90% for next 5-years, compared to annual growth of 10.96% 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 Citigroup on February 28, 2025 offering a Buy rating for the stock and assigned a target price of $110 to it. Coverage by Wolfe Research stated Oneok Inc (OKE) stock as an Outperform in their note to investors on February 10, 2025, suggesting a price target of $110 for the stock. On February 06, 2025, Barclays Resumed their recommendations, while on January 10, 2025, Scotiabank Initiated their ratings for the stock with a price target of $109. Stock get an Equal weight rating from Wells Fargo on December 18, 2024.

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