EQT Corp (NYSE: EQT) is -5.54% lower on its value in year-to-date trading and has touched a low of $28.10 and a high of $45.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EQT stock was last observed hovering at around $36.74 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $36.52, the stock is 3.98% and -0.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.17 million and changing -0.60% at the moment leaves the stock -7.22% off its SMA200. EQT registered 5.15% gain for a year compared to 6-month loss of -13.13%. The firm has a 50-day simple moving average (SMA 50) of $4.31 and a 200-day simple moving average (SMA200) of $5.36.
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
The stock witnessed a 1.78% gain in the last 1 month and extending the period to 3 months gives it a -10.60%, and is 8.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.16% over the week and 3.12% over the month.
EQT Corp (EQT) has around 881 employees, a market worth around $16.08B and $5.07B in sales. Current P/E ratio is 8.63 and Fwd P/E is 7.14. Profit margin for the company is 34.23%. Distance from 52-week low is 29.94% and -19.26% from its 52-week high. The company has generated returns on investments over the last 12 months (8.53%).
EQT Corp quarterly earnings per share for the current quarter are estimated at $0.89 with sales reaching $1.75B over the same period.The EPS is expected to shrink by -9.69% this year, but quarterly earnings will post 16.10% year-over-year. Quarterly sales are estimated to shrink -7.10% in year-over-year returns.
EQT Corp (EQT) Top Institutional Holders
918 institutions hold shares in EQT Corp (EQT), with institutional investors hold 97.62% of the company’s shares. The shares outstanding are 419.90M, and float is at 410.73M with Short Float at 3.43%. Institutions hold 91.66% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 41.36 million shares valued at $1.7 billion. The investor’s holdings represent 11.44% of the EQT Shares outstanding. As of Jun 29, 2023, the second largest holder is Price (T.Rowe) Associates Inc with 37.41 million shares valued at $1.54 billion to account for 10.34% of the shares outstanding. The other top investors are Blackrock Inc. which holds 36.94 million shares representing 10.21% and valued at over $1.52 billion, while State Street Corporation holds 6.91% of the shares totaling 25.0 million with a market value of $1.03 billion.
EQT Corp (EQT) Insider Activity
A total of 1 insider transactions have happened at EQT Corp (EQT) in the last six months, with sales accounting for 1 and purchases happening 0 times. The most recent transaction is an insider sale by VANLOH S WIL JR,the company’s10% Owner. SEC filings show that VANLOH S WIL JR sold 20,000,000 shares of the company’s common stock on Sep 14 at a price of $41.40 per share for a total of $828.0 million. Following the sale, the insider now owns 23.95 million shares.
EQT Corp disclosed in a document filed with the SEC on Jun 09 that James Todd (CHIEF ACCOUNTING OFFICER) sold a total of 31,170 shares of the company’s common stock. The trade occurred on Jun 09 and was made at $38.56 per share for $1.2 million. Following the transaction, the insider now directly holds 39392.0 shares of the EQT stock.
EQT Corp (EQT): Who are the competitors?
The company’s main competitors (and peers) include EOG Resources Inc. (EOG) that is trading 0.81% up over the past 12 months. Pioneer Natural Resources Co. (PXD) that is 16.64% higher over the same period.
