Stocks of EQT Corp (NYSE:EQT) traded higher last session on Wall Street, up 1.98% to $53.60.
EQT stock price is now 5.36% away from the 50-day moving average and 30.06% away from the 200-day moving average. The market capitalization of the company currently stands at $32.02B.
With the price target enhanced from $41 to $59, Stephens Upgraded its rating from Equal-Weight to Overweight for EQT Corp (NYSE: EQT). On January 17, 2025, Scotiabank Downgraded its previous ‘Sector Outperform’ rating to ‘Sector Perform’ on the stock keeping its target price maintained at $54, while ‘Bernstein’ rates the stock as ‘Outperform’
In other news, KARAM THOMAS F, Director sold 30,844 shares of the company’s stock on Mar 11 ’25. The stock was sold for $1,503,337 at an average price of $48.74. Upon completion of the transaction, the Director now directly owns 37,551 shares in the company, valued at $2.01 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’25, Director Thomas F. Karam bought 30,844 shares of the business’s stock. A total of $1,485,447 was incurred on buying the stock at an average price of $48.16. A total of 0.86% of the company’s stock is owned by insiders.
During the past 12 months, EQT Corp has had a low of $30.02 and a high of $56.66. As of last week, the company has a debt-to-equity ratio of 0.46, a current ratio of 0.70, and a quick ratio of 0.70. According to the stock market information, the enterprise value for the company is $44925960192, which is based on a 130.41 price-to-earnings ratio, a 3.84 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for EQT is $50.8722 and a two-hundred day moving average price translates $41.21055 for the stock.
The latest earnings results from EQT Corp (NYSE: EQT) was released for 2024-12-31. The net profit margin was 4.42% and return on equity was 1.30% for EQT. The company reported revenue of $1.62 billion for the quarter, compared to $2.04 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.47 percent.
