What Are The Risk Factors For EQT Corporation (EQT)?

As of Friday close, EQT Corporation’s (NYSE:EQT) stock was up $0.49, moving up 1.30 percent to $38.20. The average number of shares traded per day over the past five days has been 9,252,640 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.85 fall in that time frame. In the last twenty days, the average volume was 9,871,030, while in the previous 50 days, it was 9,965,902.

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Since last month, EQT stock retreated -8.66%. Shares of the company fell to $34.62 on 05/10/22, the lowest level in the past month. A 52-week high of $45.50 was reached on 04/18/22 after having rallying from a 52-week low of $15.71. Since the beginning of this year, EQT’s stock price has risen by 75.15% or $16.39, and marked a new high 28 times. However, the stock has declined by -16.04% since its 52-week high.

EQT Corporation (EQT) last reported insider trading activity 11 days ago on May 03. Jackson Kathryn Jean, the Director of the company, disposed of 11,568 shares for $42.34 on May 03. It resulted in a $489,789 divestment by the insider. Khani David M. added 8,475 shares at an average price of $17.70 on Aug 03. The insider now owns 176,425 shares following the transaction. On Aug 02, Chief Financial Officer Khani David M. bought 6,412 shares at $17.93 apiece. The transaction was valued at $114,967.

Valuation Metrics

The stock’s beta is 0.99. Besides these, the trailing price-to-sales (P/S) ratio of 9.39, the price-to-book (PB) ratio of 1.75, and the price-to-cash flow ratio of 12.64 may also be considered.

The latest dividend of $0.1250 per share was paid out, remained unchanged from last year’s $0.1250. On Thursday February 3 2022, a $0.0950 dividend increase was announced.

Financial Health

In the three months ended September 29, EQT Corporation’s quick ratio stood at 0.40, while its current ratio was 0.40, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.56, and the total debt-to-equity ratio was 0.62. On the profitability front, the trailing twelve-month gross margin is -47.30% percent. Based on annual data, EQT earned -$1.36 billion in gross profit and brought in $3.06 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -6.00%. Return on equity (ROE) for the past 12 months was -30.30%.

In EQT Corporation’s quarter-end financial report for September 29, it reported total debt of $26.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EQT’s revenue rose 264.03% to $3.84 billion during the quarter, while net income inched up to -$579.11 million. While analysts expected EQT Corporation to report -$0.05 quarterly earnings, the actual figure was $0.12 per share. During the quarter, the company generated -$1.45 billion in EBITDA. The liabilities of EQT Corporation were 13.61 billion at the end of its most recent quarter ended September 29, and its total debt was $6.19 billion. The value of shareholders’ equity is $369.54 million.

Technical Picture

This quick technical analysis looks at EQT Corporation’s (EQT) price momentum. With a historical volatility rate of 75.10%, the RSI 9-day stood at 44.93% on 13 May.

With respect to its five-day moving average, the current EQT Corporation price is down by -6.94% percent or -$2.85. At present, EQT shares trade -9.82% below its 20-day simple moving average and +79.76% percent above its 100-day simple moving average. However, the stock is currently trading approximately +53.72% above its SMA50 and +104.39% above its SMA200.

Stochastic coefficient K was 37.60% and Stochastic coefficient D was 29.16%, while ATR was 2.60. Given the Stochastic reading of 40.96% for the 14-day period, the RSI (14) reading has been calculated as 49.25%. As of today, the MACD Oscillator reading stands at -1.52, while the 14-day reading stands at -1.60.

Analyst Ratings

Tudor Pickering Holt & Co. upgraded its rating on EQT Corporation (NYSE: EQT) to a Buy in a note to investors on April 11, 2022. The analysts firm previously had a Hold rating on the stock.EQT Corporation (EQT) has been rated Buy by analysts. According to 0 brokerage firms, EQT is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate EQT Corporation stock as buy, with 18 recommending it as overweight.


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