Zacks Research Comments on EQT's FY2025 Earnings (NYSE:EQT)

EQT Co. (NYSE:EQT - Free Report) - Research analysts at Zacks Research reduced their FY2025 EPS estimates for shares of EQT in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings of $2.71 per share for the year, down from their previous estimate of $2.96. The consensus estimate for EQT's current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT's Q3 2026 earnings at $0.82 EPS and FY2027 earnings at $5.09 EPS.

A number of other equities research analysts have also issued reports on EQT. StockNews.com raised shares of EQT to a "sell" rating in a report on Saturday, February 8th. JPMorgan Chase & Co. upped their price objective on shares of EQT from $53.00 to $58.00 and gave the company an "overweight" rating in a report on Thursday, February 20th. Piper Sandler upped their target price on shares of EQT from $35.00 to $36.00 and gave the company a "neutral" rating in a research report on Thursday. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $49.00 target price on shares of EQT in a research report on Monday, January 6th. Finally, Truist Financial increased their price target on shares of EQT from $41.00 to $56.00 and gave the stock a "hold" rating in a research report on Monday, January 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $52.44.

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EQT Price Performance

Shares of EQT stock traded up $0.80 during trading hours on Wednesday, reaching $46.96. 9,479,347 shares of the company's stock were exchanged, compared to its average volume of 8,826,783. EQT has a 1 year low of $30.02 and a 1 year high of $56.66. The company has a market capitalization of $28.06 billion, a P/E ratio of 117.40, a price-to-earnings-growth ratio of 0.64 and a beta of 1.12. The business has a fifty day moving average of $50.58 and a two-hundred day moving average of $42.96. The company has a quick ratio of 0.51, a current ratio of 0.70 and a debt-to-equity ratio of 0.37.

EQT (NYSE:EQT - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.69 EPS for the quarter, topping the consensus estimate of $0.50 by $0.19. EQT had a net margin of 4.37% and a return on equity of 4.35%. The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.1575 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.34%. EQT's payout ratio is 157.50%.

Institutional Trading of EQT

Large investors have recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in EQT in the third quarter valued at approximately $30,000. Quarry LP increased its stake in EQT by 184.7% in the third quarter. Quarry LP now owns 891 shares of the oil and gas producer's stock valued at $33,000 after purchasing an additional 578 shares during the last quarter. University of Texas Texas AM Investment Management Co. increased its stake in EQT by 47.7% in the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 960 shares of the oil and gas producer's stock valued at $44,000 after purchasing an additional 310 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in EQT by 26.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 976 shares of the oil and gas producer's stock valued at $45,000 after purchasing an additional 205 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new position in EQT in the third quarter valued at approximately $36,000. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

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.