EQT Corp (NYSE: EQT) is 13.24% higher on its value in year-to-date trading and has touched a low of $30.02 and a high of $44.06 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EQT stock was last observed hovering at around $43.98 in the last trading session, with the day’s loss setting it -0.2%.
Currently trading at $43.78, the stock is 14.79% and 20.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.42 million and changing -0.45% at the moment leaves the stock 19.98% off its SMA200. EQT registered 11.88% gain for a year compared to 6-month loss of 7.54%. The firm has a 50-day simple moving average (SMA 50) of $36.2874 and a 200-day simple moving average (SMA200) of $36.4905.
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 19.62% gain in the last 1 month and extending the period to 3 months gives it a 39.07%, and is 16.62% 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 3.64% over the week and 3.12% over the month.
EQT Corp (EQT) has around 881 employees, a market worth around $26.12B and $4.79B in sales. Current P/E ratio is 51.88 and Fwd P/E is 14.66. Profit margin for the company is 6.57%. Distance from 52-week low is 45.84% and -0.64% from its 52-week high. The company has generated returns on investments over the last 12 months (0.93%).
with sales reaching $1.8B over the same period.The EPS is expected to shrink by -40.57% this year, but quarterly earnings will post 0.50% year-over-year. Quarterly sales are estimated to grow 16.50% in year-over-year returns.
EQT Corp (EQT) Top Institutional Holders
966.0 institutions hold shares in EQT Corp (EQT), with institutional investors hold 87.49% of the company’s shares. The shares outstanding are 441.60M, and float is at 438.28M with Short Float at 4.44%. Institutions hold 87.00% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 66.77 million shares valued at $2.47 billion. The investor’s holdings represent 15.1075% of the EQT Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 53.45 million shares valued at $1.98 billion to account for 12.0941 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 53.35 million shares representing 12.0718% and valued at over $1.97 billion, while BLACKROCK INC. holds 7.8982 of the shares totaling 34.91 million with a market value of $1.29 billion.
EQT Corp (EQT) Insider Activity
The most recent transaction is an insider sale by Jordan William E., the company’s EVP, GC AND CORP SEC. SEC filings show that Jordan William E. sold 35,000 shares of the company’s common stock on May 29 ’24 at a price of $40.72 per share for a total of $1.43 million. Following the sale, the insider now owns 0.46 million shares.
EQT Corp disclosed in a document filed with the SEC on May 28 ’24 that Evancho Lesley (CHIEF HUMAN RESOURCES OFFICER) sold a total of 46,884 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $41.29 per share for $1.94 million. Following the transaction, the insider now directly holds 0.16 million shares of the EQT stock.
