2 days Ago By ABMN Staff
EQT Co. ( NYSE:EQT – Get Free Report ) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totalling 19,330,000 shares, a drop of 6.
6% from the November 30th total of 20,690,000 shares. Based on an average daily volume of 7,270,000 shares, the days-to-cover ratio is currently 2.7 days.
EQT Stock Performance EQT stock opened at $46.11 on Thursday. The business has a 50 day moving average of $43.
02 and a 200-day moving average of $37.77. The firm has a market cap of $27.
51 billion, a PE ratio of 54.89 and a beta of 1.14.
EQT has a 12-month low of $30.02 and a 12-month high of $48.02.
The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.
65. EQT ( NYSE:EQT – Get Free Report ) last announced its earnings results on Tuesday, October 29th. The oil and gas producer reported $0.
12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.06.
The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.35 billion.
EQT had a return on equity of 3.74% and a net margin of 5.52%.
The business’s revenue was up 8.2% compared to the same quarter last year. During the same period last year, the firm posted $0.
30 EPS. As a group, sell-side analysts expect that EQT will post 1.37 earnings per share for the current year.
EQT Announces Dividend Analyst Upgrades and Downgrades EQT has been the subject of a number of analyst reports. BMO Capital Markets boosted their target price on shares of EQT from $39.00 to $40.
00 and gave the company an “outperform” rating in a report on Friday, October 4th. StockNews.com raised EQT to a “sell” rating in a research note on Monday.
UBS Group upped their price objective on shares of EQT from $40.00 to $42.00 and gave the company a “neutral” rating in a report on Monday, November 4th.
Mizuho raised EQT from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $48.00 to $57.00 in a research note on Monday, December 16th.
Finally, Truist Financial raised their price objective on EQT from $32.00 to $41.00 and gave the company a “hold” rating in a research note on Tuesday, November 26th.
One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, EQT currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.
61. Check Out Our Latest Stock Report on EQT Insider Activity In other EQT news, Director Thomas F. Karam sold 30,154 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd.
The shares were sold at an average price of $44.83, for a total transaction of $1,351,803.82.
Following the completion of the transaction, the director now owns 201,608 shares in the company, valued at approximately $9,038,086.64. This trade represents a 13.
01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Insiders own 0.
63% of the company’s stock. Institutional Trading of EQT A number of large investors have recently bought and sold shares of EQT. HM Payson & Co.
bought a new stake in EQT in the 3rd quarter valued at about $25,000. Truvestments Capital LLC bought a new stake in shares of EQT in the third quarter valued at approximately $30,000. Quarry LP lifted its stake in shares of EQT by 184.
7% during the 3rd quarter. Quarry LP now owns 891 shares of the oil and gas producer’s stock valued at $33,000 after buying an additional 578 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in EQT by 18,080.
0% in the 3rd quarter. Hexagon Capital Partners LLC now owns 909 shares of the oil and gas producer’s stock worth $33,000 after buying an additional 904 shares during the period. Finally, Brown Brothers Harriman & Co.
purchased a new position in EQT in the 3rd quarter valued at approximately $36,000. 90.81% of the stock is owned by hedge funds and other institutional investors.
EQT Company Profile ( Get Free Report ) EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.
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