News stories about EQT (NYSE:EQT) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. EQT earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 47.313581206457 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
Shares of EQT (EQT) opened at $54.65 on Wednesday. EQT has a 52-week low of $49.63 and a 52-week high of $67.84. The firm has a market capitalization of $9,882.35, a PE ratio of 65.35, a PEG ratio of 2.34 and a beta of 0.76. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.29.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Wednesday, February 14th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Tuesday, February 13th. EQT’s payout ratio is 57.15%.
Several research analysts have issued reports on the stock. BMO Capital Markets set a $75.00 price target on shares of EQT and gave the stock a “buy” rating in a report on Tuesday, October 10th. SunTrust Banks reiterated a “hold” rating and issued a $65.00 price objective on shares of EQT in a research note on Friday, December 8th. Jefferies Group set a $65.00 price objective on shares of EQT and gave the company a “hold” rating in a research note on Tuesday. Credit Suisse Group began coverage on shares of EQT in a research report on Monday, December 11th. They issued an “outperform” rating and a $70.00 price target for the company. Finally, Cowen set a $80.00 price objective on shares of EQT and gave the stock a “buy” rating in a report on Wednesday, October 18th. Two analysts have rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $76.77.
In other news, Director Thomas F. Karam bought 10,000 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was acquired at an average price of $59.26 per share, with a total value of $592,600.00. Following the completion of the purchase, the director now directly owns 20,000 shares in the company, valued at $1,185,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman David L. Porges sold 53,760 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $59.14, for a total value of $3,179,366.40. Following the completion of the sale, the chairman now directly owns 438,601 shares of the company’s stock, valued at approximately $25,938,863.14. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by insiders.
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EQT Company Profile
EQT Corporation is a natural gas company. The Company operates through three segments: EQT Production, EQT Gathering and EQT Transmission. The EQT Production segment includes its exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin.
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