A Fresh Look At EQT Corporation (NYSE:EQT)


EQT Corporation (NYSE:EQT) closed its last session at $58.7. The stock traded within a range of $58.17 and $59.16. The company operates in the Energy sector with a market capitalization of 15.91 Million. Trading volume for EQT Corporation was 5.64 Million in its previous trading session. Currently, EQT Corporation (NYSE:EQT) has an average volume of 3.99 Million.

Company Profile

EQT Corporation, formerly Equitable Resources, Inc., is an integrated energy company engaged on Appalachian area natural gas activities, including production, gathering and processing, and distribution, transmission, storage and marketing. EQT Corporation, its divisions and its subsidiaries, offer energy products and services to wholesale and retail customers through two business segments: Equitable Supply and Equitable Utilities. The Equitable Supply segment develops, produces, and sells natural gas, crude oil, and natural gas liquids. It also gathers gas produced by the company and third parties, as well as engages in the processing of natural gas liquids. The Equitable Utilities segment engages in the gathering, transportation, storage, distribution, and sale of natural gas, as well as in the pipeline and storage operations. The company is headquartered in Pittsburgh, Pennsylvania.

Analyst Views

EQT Corporation (NYSE:EQT) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

EQT Corporation (NYSE:EQT) touched its 1-Year High price of $67.84 on 07/28/17 and its 1-Year Low price of $49.63 on 06/21/17.

EPS & Financials

EQT Corporation (NYSE:EQT) reported its EPS in the last quarter as $0.12/Share beating the analyst estimate of $-0.04/Share by a difference of $0.16. This showed a surprise of 400% in the last quarter earnings.

For the current quarter, 17 analysts are projecting a mean EPS of $0.25/share. According to their observations and findings, the stock could provide a high EPS of $0.52/share and a low EPS of $0.03/share.

Analysts believe that the company has the potential to earn average revenue of $937.32 Million for the current quarter. According to their predictions high & low revenue estimates are 1.13 Billion and 797 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with LOW volatility. EQT Corporation (NYSE:EQT) has a 20-Day average volume of 3.27 Million. According to today’s trading volume EQT Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.4 Percent and Institutional ownership of 71.5 Percent. The return on assets stands at 0.2%, Return on Equity currently is 0.6% and the Return on Investment value is -0.2%.

EQT Corporation (NYSE:EQT) gross margin percentage stands at 71.9% while its operating margin for the past trailing twelve month is 20.1 percent and its overall profit margin (ttm) is 1.4 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 3.67% with a 50-Day Simple Moving Average of -0.14 percent. As of today, the company has a SMA200 (200-day simple moving average) of -2.54 Percent. The Stock has YTD (year to date) performance of 3.13 percent.

The TTM operating margin for the company stands at 20.1%. The return on invested capital is at -0.2%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 10.42.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -2.54%, and has a solid year to date (YTD) performance of 3.13% which means that the stock is constantly adding to its value from the previous fiscal year end price.