Eqt Corporation Stock Buy Hold or Sell Recommendation

EQT Stock  USD 36.07  1.12  3.20%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding EQT Corporation is 'Hold'. Macroaxis provides EQT buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EQT positions. The advice algorithm takes into account all of EQT's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting EQT's buy or sell advice are summarized below:
Real Value
42.29
Target Price
48.62
Hype Value
36.01
Market Value
36.07
Naive Value
37.05
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell EQT Corporation given historical horizon and risk tolerance towards EQT. When Macroaxis issues a 'buy' or 'sell' recommendation for EQT Corporation, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out EQT Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as EQT and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards EQT Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.

Execute EQT Buy or Sell Advice

The EQT recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EQT Corporation. Macroaxis does not own or have any residual interests in EQT Corporation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EQT's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell EQTBuy EQT
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon EQT Corporation has a Risk Adjusted Performance of (0.02), Jensen Alpha of (0.24), Total Risk Alpha of (0.59) and Treynor Ratio of (0.1)
EQT advice module can be used to check and cross-verify current investment recommendation provided by analysts evaluating the company's potential to grow using all of fundamental, technical, data market data available now. To make sure EQT is not overpriced, please confirm all EQT Corporation fundamentals, including its cash flow from operations, working capital, and the relationship between the cash per share and number of employees . Given that EQT Corporation has a price to book of 1.04 X, we urge you to verify EQT Corporation market performance and probability of bankruptcy to ensure the company can sustain itself next year given your prevailing risk tolerance and investing horizon.

EQT Trading Alerts and Improvement Suggestions

EQT Corporation generated a negative expected return over the last 90 days
The company has 5.84 B in debt with debt to equity (D/E) ratio of 0.49, which is OK given its current industry classification. EQT Corporation has a current ratio of 0.58, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist EQT until it has trouble settling it off, either with new capital or with free cash flow. So, EQT's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EQT Corporation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EQT to invest in growth at high rates of return. When we think about EQT's use of debt, we should always consider it together with cash and equity.
Over 92.0% of EQT shares are held by institutions such as insurance companies
On 1st of March 2024 EQT paid $ 0.1575 per share dividend to its current shareholders
Latest headline from zacks.com: Acquisition by Anita Powers of 6630 shares of EQT subject to Rule 16b-3

EQT Returns Distribution Density

The distribution of EQT's historical returns is an attempt to chart the uncertainty of EQT's future price movements. The chart of the probability distribution of EQT daily returns describes the distribution of returns around its average expected value. We use EQT Corporation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EQT returns is essential to provide solid investment advice for EQT.
Mean Return
-0.1
Value At Risk
-2.8
Potential Upside
2.08
Standard Deviation
2.17
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EQT historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

EQT Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as EQT is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EQT Corporation backward and forwards among themselves. EQT's institutional investor refers to the entity that pools money to purchase EQT's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Goldman Sachs Group Inc2023-12-31
6.6 M
Morgan Stanley - Brokerage Accounts2023-12-31
5.9 M
Citadel Advisors Llc2023-09-30
5.8 M
Soroban Capital Partners Lp2023-12-31
5.6 M
Neuberger Berman Group Llc2023-12-31
5.3 M
Menora Mivtachim Holdings Limited2023-12-31
4.3 M
Pacer Advisors, Inc.2023-12-31
4.3 M
Northern Trust Corp2023-12-31
M
Charles Schwab Investment Management Inc2023-12-31
3.9 M
T. Rowe Price Associates, Inc.2023-12-31
52.9 M
Vanguard Group Inc2023-12-31
46.9 M
Note, although EQT's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

EQT Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory(167.3M)(68.6M)(75.1M)93.8M84.4M88.6M
Change In Cash1.1M13.6M95.8M1.3B(1.4B)(1.3B)
Free Cash Flow249.3M495.5M607.3M2.0B1.2B1.2B
Depreciation1.6B1.5B1.7B1.7B1.7B1.8B
Other Non Cash Items1.7B1.0B1.8B(494.6M)(1.1B)(1.1B)
Dividends Paid31.4M30.7M7.7M203.6M(228.3M)(216.9M)
Capital Expenditures1.6B1.0B1.1B1.4B2.0B1.0B
Net Income(1.2B)(967.2M)(1.2B)1.8B1.7B1.8B
End Period Cash Flow4.6M18.2M114.0M1.5B81.0M76.9M
Investments(1.6B)52.3M24.4M189.2M(4.2B)(4.0B)
Change Receivables432.3M(36.3M)(700.0M)(169.0M)(152.1M)(144.5M)
Net Borrowings(211.6M)(308.5M)516.4M(78.9M)(90.7M)(86.1M)
Change To Netincome(484.4M)(430K)3.6B5.9B6.8B7.1B

EQT Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EQT or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EQT's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EQT stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.24
β
Beta against NYSE Composite1.10
σ
Overall volatility
2.25
Ir
Information ratio -0.11

EQT Volatility Alert

EQT Corporation exhibits very low volatility with skewness of 1.22 and kurtosis of 10.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EQT's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact EQT's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

EQT Implied Volatility

EQT's implied volatility exposes the market's sentiment of EQT Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EQT's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that EQT stock will not fluctuate a lot when EQT's options are near their expiration.

EQT Fundamentals Vs Peers

Comparing EQT's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EQT's direct or indirect competition across all of the common fundamentals between EQT and the related equities. This way, we can detect undervalued stocks with similar characteristics as EQT or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EQT's fundamental indicators could also be used in its relative valuation, which is a method of valuing EQT by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare EQT to competition
FundamentalsEQTPeer Average
Return On Equity0.13-0.31
Return On Asset0.0657-0.14
Profit Margin0.35 %(1.27) %
Operating Margin0.66 %(5.51) %
Current Valuation21.16 B16.62 B
Shares Outstanding440.72 M571.82 M
Shares Owned By Insiders6.20 %10.09 %
Shares Owned By Institutions91.71 %39.21 %
Number Of Shares Shorted14.61 M4.71 M
Price To Earning6.79 X28.72 X
Price To Book1.04 X9.51 X
Price To Sales3.10 X11.42 X
Revenue5.07 B9.43 B
Gross Profit9.72 B27.38 B
EBITDA2.41 B3.9 B
Net Income1.73 B570.98 M
Cash And Equivalents1.46 B2.7 B
Cash Per Share0.24 X5.01 X
Total Debt5.84 B5.32 B
Debt To Equity0.49 %48.70 %
Current Ratio0.59 X2.16 X
Book Value Per Share35.18 X1.93 K
Cash Flow From Operations3.18 B971.22 M
Short Ratio2.67 X4.00 X
Earnings Per Share4.22 X3.12 X
Price To Earnings To Growth0.20 X4.89 X
Target Price41.63
Number Of Employees88118.84 K
Beta1.14-0.15
Market Capitalization15.4 B19.03 B
Total Asset25.29 B29.47 B
Retained Earnings2.68 B9.33 B
Working Capital(23.86 M)1.48 B
Note: Sale by Vanloh S Wil Jr of 20000000 shares of EQT [view details]

EQT Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EQT . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About EQT Buy or Sell Advice

When is the right time to buy or sell EQT Corporation? Buying financial instruments such as EQT Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total5.5B5.7B5.8B6.1B
Total Assets21.6B22.7B25.3B26.5B

Use Investing Ideas to Build Portfolios

In addition to having EQT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Cancer Fighters
Cancer Fighters Theme
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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When determining whether EQT Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if EQT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Eqt Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Eqt Corporation Stock:
Check out EQT Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running EQT's price analysis, check to measure EQT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EQT is operating at the current time. Most of EQT's value examination focuses on studying past and present price action to predict the probability of EQT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EQT's price. Additionally, you may evaluate how the addition of EQT to your portfolios can decrease your overall portfolio volatility.
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Is EQT's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EQT. If investors know EQT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EQT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.608
Earnings Share
4.22
Revenue Per Share
13.059
Quarterly Revenue Growth
(0.47)
The market value of EQT Corporation is measured differently than its book value, which is the value of EQT that is recorded on the company's balance sheet. Investors also form their own opinion of EQT's value that differs from its market value or its book value, called intrinsic value, which is EQT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EQT's market value can be influenced by many factors that don't directly affect EQT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EQT's value and its price as these two are different measures arrived at by different means. Investors typically determine if EQT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EQT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.