Oneok Inc (NYSE: OKE) is -21.03% lower on its value in year-to-date trading and has touched a low of $75.47 and a high of $118.07 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 OKE stock was last observed hovering at around $80.15 in the last trading session, with the day’s loss setting it -0.86%.
Currently trading at $79.29, the stock is -5.05% and -12.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.98 million and changing -1.07% at the moment leaves the stock -17.03% off its SMA200. OKE registered 3.04% gain for a year compared to 6-month loss of -18.16%.
The stock witnessed a -1.94% gain in the last 1 month and extending the period to 3 months gives it a -18.27%, and is -9.75% 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 3.20% over the week and 4.39% over the month.
Oneok Inc (OKE) has around 5177 employees, a market worth around $49.53B and $24.96B in sales. Current P/E ratio is 15.48 and Fwd P/E is 12.87. Profit margin for the company is 12.14%. Distance from 52-week low is 5.05% and -32.84% from its 52-week high. The company has generated returns on investments over the last 12 months (5.93%).
The EPS is expected to grow by 5.06% this year.
Oneok Inc (OKE) Top Institutional Holders
The shares outstanding are 624.63M, and float is at 623.32M with Short Float at 1.85%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 69.31 million shares valued at $5.65 billion. The investor’s holdings represent 11.8552% of the OKE Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 50.86 million shares valued at $4.15 billion to account for 8.7004 of the shares outstanding. The other top investors are STATE STREET CORP which holds 39.42 million shares representing 6.7425% and valued at over $3.21 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.877 of the shares totaling 16.82 million with a market value of $1.37 billion.
Oneok Inc (OKE) Insider Activity
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Still, SEC filings show that on Mar 14 ’25, King Tim T. (Officer) Proposed Sale 2,500 shares at an average price of $96.04 for $0.24 million. The insider now directly holds shares of Oneok Inc (OKE).
