Extremely significant negative changes in EQT Corp (NYSE: EQT) fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
EQT’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
EQT has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. EQT has a very high Appreciation Score of 87 but a slightly negative Power Rating of 38, leading to the High Neutral Value Trend Rating.
Recent Price Action
EQT Corp (NYSE: EQT) stock closed at $36.60 on 10/14/24 after a decline of -2.2%. However, unusually low trading volume at 65% of normal accompanied the decline. The stock has declined -0.9% during the last week and has performed in line with the market over the last nine months.
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