Scotiabank has recently reduced EQT Corp (EQT) stock to Sector Perform rating, as announced on January 17, 2025, according to Finviz. Earlier, on January 15, 2025, Bernstein had raised the stock from a Mkt Perform to Outperform, setting a price target of $73. Mizuho also raised Outperform rating with a price target of $57. Additionally, Bernstein initiated Mkt Perform rating on December 6, 2024, with a target price of $50. RBC Capital Mkts analysts, in their report published on December 3, 2024, also resumed Sector Perform rating for EQT Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
EQT Corp (EQT) Stock Trading Recap
On Friday, EQT Corp (EQT) stock saw a decline, ending the day at $52.96 which represents a decrease of $-0.82 or -1.52% from the prior close of $53.78. The stock opened at $52.8 and touched a low of $52.37 during the day, reaching a high of $53.79. The volume of shares traded was 7.65 million exceeding the average volume of 7.41 million.
Sponsored
EQT Stock Performance and Moving Averages
In recent trading, EQT Corp (EQT) stock price has shown some volatility, fluctuating 8.08% over the last five trades and 18.16% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 49.82%, and it has gained 44.38% in the previous three months. Currently, EQT is trading at 11.97%, 16.84%, and 36.52% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, EQT, a Energy sector stock, is trading -1.89% below its 52-week high but remains 76.42% above its 52-week low. The Average True Range (ATR) (14 days) of 1.42 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
EQT Corp’s Profitability and Valuation Ratios
EQT Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of -9.28% and a profit margin of 6.57%, with a gross margin of 49.82%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, EQT Corp’s market capitalization stands at $31.60 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 62.76, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 17.96. Additionally, the Price-to-Sales Ratio is 6.6, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.55, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.67% of EQT Corp (EQT)’s shares, while financial institutions hold 101.75%.
Notable insider trades include KARAM THOMAS F, Director at EQT Corp (EQT), who sold 30154 shares on Dec 03 ’24, at $44.83 each, totaling $1.35 million. On Dec 03 ’24, KARAM THOMAS F, Director, sold 15768 shares for $44.95 each, amounting to $0.71 million. Additionally, on May 29 ’24, Jordan William E. sold 35000 shares at $40.72 each, generating $1.43 million.
