Capital One Financial Has Optimistic View of EQT Q1 Earnings

EQT Co. (NYSE:EQT - Free Report) - Equities researchers at Capital One Financial lifted their Q1 2025 EPS estimates for EQT in a research report issued to clients and investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will earn $0.85 per share for the quarter, up from their previous estimate of $0.77. The consensus estimate for EQT's current full-year earnings is $1.37 per share. Capital One Financial also issued estimates for EQT's Q2 2025 earnings at $0.72 EPS, Q3 2025 earnings at $0.78 EPS and Q4 2025 earnings at $0.84 EPS.

Other research analysts also recently issued research reports about the stock. Jefferies Financial Group lifted their price objective on shares of EQT from $45.00 to $55.00 and gave the company a "buy" rating in a research report on Friday, January 3rd. UBS Group boosted their price target on EQT from $40.00 to $42.00 and gave the stock a "neutral" rating in a research report on Monday, November 4th. Mizuho upgraded EQT from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from $48.00 to $57.00 in a research note on Monday, December 16th. JPMorgan Chase & Co. boosted their target price on EQT from $50.00 to $53.00 and gave the stock an "overweight" rating in a report on Friday, January 3rd. Finally, BMO Capital Markets raised their price target on EQT from $39.00 to $40.00 and gave the company an "outperform" rating in a report on Friday, October 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, EQT currently has an average rating of "Moderate Buy" and a consensus price target of $47.83.

EQT Stock Down 0.0 %

Shares of NYSE EQT traded down $0.01 during trading hours on Friday, hitting $48.99. The company had a trading volume of 10,525,801 shares, compared to its average volume of 8,077,162. The stock has a market capitalization of $29.23 billion, a P/E ratio of 58.32 and a beta of 1.14. EQT has a 1-year low of $30.02 and a 1-year high of $50.03. The firm's 50 day moving average is $44.29 and its 200-day moving average is $38.19. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.65.

EQT (NYSE:EQT - Get Free Report) last released its earnings results on Tuesday, October 29th. The oil and gas producer reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.06. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.35 billion. EQT had a return on equity of 3.74% and a net margin of 5.52%. EQT's revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.30 earnings per share.

Hedge Funds Weigh In On EQT

A number of institutional investors have recently modified their holdings of EQT. Wellington Management Group LLP raised its stake in EQT by 38.7% during the third quarter. Wellington Management Group LLP now owns 74,153,050 shares of the oil and gas producer's stock worth $2,716,968,000 after acquiring an additional 20,700,921 shares in the last quarter. Modera Wealth Management LLC acquired a new position in EQT during the 3rd quarter worth approximately $562,494,000. State Street Corp lifted its stake in EQT by 24.5% in the 3rd quarter. State Street Corp now owns 37,095,597 shares of the oil and gas producer's stock valued at $1,359,183,000 after purchasing an additional 7,290,822 shares during the last quarter. Geode Capital Management LLC boosted its position in EQT by 34.4% in the third quarter. Geode Capital Management LLC now owns 13,997,574 shares of the oil and gas producer's stock valued at $511,159,000 after buying an additional 3,582,418 shares in the last quarter. Finally, Holocene Advisors LP bought a new stake in shares of EQT during the third quarter worth $97,979,000. Institutional investors and hedge funds own 90.81% of the company's stock.

Insider Buying and Selling

In related news, Director Thomas F. Karam sold 30,154 shares of EQT stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $44.83, for a total value of $1,351,803.82. Following the transaction, the director now directly owns 201,608 shares of the company's stock, valued at $9,038,086.64. This trade represents a 13.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.63% of the stock is owned by company insiders.

EQT Company Profile

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.