EQT Corp (NYSE: EQT) is 5.64% higher on its value in year-to-date trading and has touched a low of $30.02 and a high of $56.66 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 $48.17 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $48.71, the stock is -5.21% and -1.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.78 million and changing 1.12% at the moment leaves the stock 19.73% off its SMA200. EQT registered 33.16% gain for a year compared to 6-month gain of 49.42%.
The stock witnessed a -5.69% loss in the last 1 month and extending the period to 3 months gives it a 6.91%, and is -2.74% down 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 4.12% over the week and 3.63% over the month.
EQT Corp (EQT) has around 1461 employees, a market worth around $29.10B and $5.22B in sales. Current P/E ratio is 118.52 and Fwd P/E is 11.64. Profit margin for the company is 4.42%. Distance from 52-week low is 62.26% and -14.03% from its 52-week high. The company has generated returns on investments over the last 12 months (0.78%).
with sales reaching $2.09B over the same period.The EPS is expected to grow by 83.44% this year, but quarterly earnings will post 46.44% year-over-year. Quarterly sales are estimated to grow 48.04% in year-over-year returns.
EQT Corp (EQT) Top Institutional Holders
The shares outstanding are 596.87M, and float is at 592.58M with Short Float at 2.82%.
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
A total of 0 insider transactions have happened at EQT Corp (EQT) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by KARAM THOMAS F, the company’s Director. SEC filings show that KARAM THOMAS F sold 30,154 shares of the company’s common stock on Dec 03 ’24 at a price of $44.83 per share for a total of $1.35 million. Following the sale, the insider now owns 0.2 million shares.
EQT Corp disclosed in a document filed with the SEC on Dec 03 ’24 that KARAM THOMAS F (Director) sold a total of 15,768 shares of the company’s common stock. The trade occurred on Dec 03 ’24 and was made at $44.95 per share for $0.71 million. Following the transaction, the insider now directly holds 0.0 shares of the EQT stock.
Still, SEC filings show that on Dec 03 ’24, Thomas F. Karam (Director) Proposed Sale 35,000 shares at an average price of $44.58 for $1.56 million. The insider now directly holds shares of EQT Corp (EQT).
EQT Corp (EQT): Who are the competitors?
The company’s main competitors (and peers) include EOG Resources Inc. (EOG) that is trading 4.07% up over the past 12 months. Devon Energy Corp. (DVN) that is -22.45% lower over the same period.
