EQT Corp (NYSE: EQT) has reported a loss for its third fiscal quarter (ending September 30) of $-0.54 versus $0.21 for the same period a year ago — a decline of -357%. For the latest four quarters through September 30, E.P.S. were $0.81 compared to $8.01 a year ago — a decline of -90%.
Recent Price Action
On 10/29/24, EQT Corp (NYSE: EQT) stock was unchanged 0.0%, closing at $37.31. NORMAL trading volume accompanied the flat performance. The stock has performed in line with the market over the last nine months and has risen 2.6% during the last week.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. EQT has a very high Appreciation Score of 87 but a slightly negative Power Rating of 37, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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