EQT (EQT) to Release Quarterly Earnings on Tuesday

EQT (NYSE:EQT) is expected to issue its quarterly earnings data after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $0.98 per share and revenue of $2.16 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

EQT (NYSE:EQT) last posted its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.19. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.81 billion. EQT had a return on equity of 4.35% and a net margin of 4.37%. On average, analysts expect EQT to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

EQT Trading Up 0.6 %

NYSE:EQT opened at $49.95 on Tuesday. The stock has a fifty day moving average price of $50.87 and a 200 day moving average price of $46.35. The company has a current ratio of 0.70, a quick ratio of 0.51 and a debt-to-equity ratio of 0.37. EQT has a 12-month low of $30.02 and a 12-month high of $56.66. The firm has a market cap of $29.84 billion, a PE ratio of 124.88, a price-to-earnings-growth ratio of 0.64 and a beta of 1.35.

EQT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a dividend of $0.1575 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date of this dividend was Tuesday, February 18th. EQT’s dividend payout ratio is presently 157.50%.

Analyst Ratings Changes

Several research analysts have commented on EQT shares. Mizuho boosted their price target on shares of EQT from $57.00 to $60.00 and gave the stock an “outperform” rating in a report on Tuesday, April 1st. StockNews.com downgraded EQT from a “hold” rating to a “sell” rating in a report on Monday, April 7th. Wells Fargo & Company raised their price objective on shares of EQT from $53.00 to $58.00 and gave the stock an “overweight” rating in a report on Wednesday, March 19th. Jefferies Financial Group upped their target price on shares of EQT from $45.00 to $55.00 and gave the company a “buy” rating in a report on Friday, January 3rd. Finally, Truist Financial boosted their price target on shares of EQT from $41.00 to $56.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $55.72.

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.