EQT Co. (NYSE:EQT – Get Rating) – Investigation analysts at Cash A single Economical raised their Q1 2022 earnings per share estimates for EQT in a be aware issued to traders on Wednesday, March 23rd. Funds A person Economical analyst B. Velie now expects that the oil and gasoline producer will gain $1.07 for each share for the quarter, up from their preceding estimate of $.90. EQT (NYSE:EQT – Get Score) previous issued its quarterly earnings facts on Wednesday, February 9th. The oil and gasoline producer described $.41 EPS for the quarter, missing the Zacks’ consensus estimate of $.51 by ($.10). All through the identical time period in the previous year, the enterprise posted ($.02) earnings for every share.
A number of other research analysts also recently commented on EQT. Wells Fargo & Corporation upped their value objective on EQT from $35.00 to $37.00 and gave the inventory an “chubby” rating in a investigation take note on Monday, March 14th. StockNews.com upgraded EQT from a “market” ranking to a “hold” score in a investigate report on Monday, February 14th. MKM Associates reiterated a “purchase” ranking on shares of EQT in a study report on Thursday, February 10th. Lastly, Truist Monetary decreased their rate focus on on EQT from $34.00 to $31.00 and set a “buy” score for the business in a analysis report on Friday, January 14th. 1 analyst has rated the stock with a keep ranking and twelve have supplied a obtain ranking to the organization. In accordance to details from MarketBeat, the business at present has a consensus score of “Get” and a consensus rate concentrate on of $29.22.
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Shares of EQT opened at $30.74 on Friday. The firm has a marketplace cap of $11.56 billion, a P/E ratio of -7.05, a PEG ratio of .48 and a beta of 1.08. The inventory has a fifty working day shifting average rate of $23.69 and a 200 day relocating average rate of $21.83. The firm has a personal debt-to-equity ratio of .45, a current ratio of .45 and a swift ratio of .45. EQT has a 12 thirty day period minimal of $15.71 and a 12 month large of $31.32.
Quite a few institutional buyers have not too long ago built modifications to their positions in EQT. Evergreen Capital Administration LLC procured a new stake in shares of EQT for the duration of the fourth quarter valued at $206,000. JustInvest LLC purchased a new stake in shares of EQT throughout the fourth quarter valued at $744,000. Comerica Financial institution lifted its holdings in shares of EQT by 2.9{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} for the duration of the fourth quarter. Comerica Bank now owns 410,233 shares of the oil and gasoline producer’s inventory valued at $8,246,000 just after getting an added 11,639 shares during the final quarter. EverSource Prosperity Advisors LLC bought a new stake in shares of EQT through the fourth quarter valued at $84,000. Eventually, NewEdge Advisors LLC procured a new stake in shares of EQT throughout the fourth quarter valued at $411,000. Institutional investors and hedge money have 89.38{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of the firm’s inventory.
The corporation also not long ago disclosed a quarterly dividend, which was paid out on Tuesday, March 1st. Stockholders of document on Monday, February 14th ended up issued a $.125 dividend. This is a good modify from EQT’s previous quarterly dividend of $.03. The ex-dividend day was Friday, February 11th. This represents a $.50 annualized dividend and a dividend yield of 1.63{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. EQT’s dividend payout ratio is -11.47{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.
EQT declared that its Board of Directors has approved a stock repurchase system on Monday, December 13th that authorizes the corporation to buyback $1.00 billion in shares. This buyback authorization authorizes the oil and fuel producer to repurchase up to 13.2{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} of its shares as a result of open sector purchases. Shares buyback strategies are ordinarily an indication that the firm’s management believes its inventory is undervalued.
EQT Firm Profile (Get Ranking)
EQT Corp. is a natural fuel output company engaged in the providing, transmitting, and distribution of natural gasoline. It has operations in the Marcellus and Utica Shales of the Appalachian Basin. The company was founded in 1888 and is headquartered in Pittsburgh, PA.
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