Oneok Inc (NYSE: OKE) is 4.20% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OKE stock was last observed hovering at around $81.17 in the last trading session, with the day’s loss setting it -76.94%.
Currently trading at $4.23M, the stock is 0.78% and -0.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.51 million and changing 7507710% at the moment leaves the stock -13.45% off its SMA200. OKE registered -17.96% loss for a year compared to 6-month loss of -19.91%. The firm has a 50-day simple moving average (SMA 50) of $83.021 and a 200-day simple moving average (SMA200) of $95.1739.
The stock witnessed a -1.60% gain in the last 1 month and extending the period to 3 months gives it a -18.16%, and is -0.34% 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 1.43% over the week and 1.30% over the month.
Oneok Inc (OKE) has around 5177 employees, a market worth around $51.45B and $24.96B in sales. Current P/E ratio is 16.08 and Fwd P/E is 13.32. Profit margin for the company is 12.14%. Distance from 52-week low is 9.14% and -30.24% 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 4.41% this year.
Oneok Inc (OKE) Top Institutional Holders
2038.0 institutions hold shares in Oneok Inc (OKE), with institutional investors hold 75.04% of the company’s shares. The shares outstanding are 624.63M, and float is at 623.42M with Short Float at 1.83%. Institutions hold 74.90% of the Float.
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
#####
