News articles about EQT (NYSE:EQT) have been trending somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EQT earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the oil and gas producer an impact score of 45.7628812043714 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
Several equities analysts have commented on the stock. Zacks Investment Research cut shares of EQT from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Morgan Stanley decreased their price objective on shares of EQT from $63.00 to $59.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 24th. Jefferies Group set a $65.00 price objective on shares of EQT and gave the stock a “hold” rating in a research report on Tuesday, January 30th. Credit Suisse Group started coverage on shares of EQT in a research report on Monday, December 11th. They set an “outperform” rating and a $70.00 price objective for the company. Finally, ValuEngine cut shares of EQT from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company. EQT currently has a consensus rating of “Buy” and a consensus price target of $76.77.
NYSE:EQT traded down $1.84 during midday trading on Friday, hitting $46.90. 2,832,783 shares of the company were exchanged, compared to its average volume of 2,507,412. EQT has a fifty-two week low of $43.70 and a fifty-two week high of $67.84. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market capitalization of $12,890.41, a P/E ratio of 31.90, a P/E/G ratio of 1.70 and a beta of 0.73.
EQT (NYSE:EQT) last announced its quarterly earnings results on Thursday, February 15th. The oil and gas producer reported $0.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.54. EQT had a net margin of 44.66% and a return on equity of 2.35%. The firm had revenue of $1.13 billion for the quarter, compared to analyst estimates of $909.42 million. During the same period last year, the business earned $0.25 EPS. EQT’s revenue for the quarter was up 197.9% compared to the same quarter last year. sell-side analysts anticipate that EQT will post 1.91 EPS for the current year.
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EQT Corporation, together with its subsidiaries, operates in natural gas industry in the United States. Its EQT Production segment produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2017, this segment operated 21.4 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across approximately 4.0 million gross acres comprising approximately 1.1 million gross acres.
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