Across the recent three months, 14 analysts have shared their insights on EQT EQT, expressing a variety of opinions spanning from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 4 | 8 | 0 | 0 |
| Last 30D | 1 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 2 | 6 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $47.93, a high estimate of $57.00, and a low estimate of $34.00. This current average reflects an increase of 14.8% from the previous average price target of $41.75.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of EQT among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Lloyd Byrne | Jefferies | Raises | Buy | $55.00 | $45.00 |
| Arun Jayaram | JP Morgan | Raises | Overweight | $53.00 | $50.00 |
| Nitin Kumar | Mizuho | Raises | Outperform | $57.00 | $48.00 |
| Scott Gruber | Citigroup | Raises | Buy | $51.00 | $44.00 |
| Bob Brackett | Bernstein | Announces | Market Perform | $50.00 | - |
| Scott Hanold | RBC Capital | Announces | Sector Perform | $49.00 | - |
| Nitin Kumar | Mizuho | Raises | Neutral | $48.00 | $45.00 |
| Neal Dingmann | Truist Securities | Raises | Hold | $41.00 | $32.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $52.00 | $42.00 |
| Devin McDermott | Morgan Stanley | Raises | Overweight | $56.00 | $45.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $45.00 | $41.00 |
| Mark Lear | Piper Sandler | Raises | Neutral | $34.00 | $32.00 |
| Josh Silverstein | UBS | Raises | Neutral | $42.00 | $40.00 |
| Mike Scialla | Stephens & Co. | Raises | Equal-Weight | $38.00 | $37.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to EQT. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of EQT compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of EQT's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of EQT's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on EQT analyst ratings.
Unveiling the Story Behind EQT
EQT Corp is an independent natural gas production company with operations focused in the Marcellus and Utica shale plays in the Appalachian Basin. At year-end 2023, EQT's proven reserves totaled 27.6 trillion cubic feet equivalent, with net production of 5.79 billion cubic feet equivalent per day. Natural gas accounted for 94% of production.
Key Indicators: EQT's Financial Health
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: EQT displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 20.71%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Energy sector.
Net Margin: EQT's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -24.72%, the company may face hurdles in effective cost management.
Return on Equity (ROE): EQT's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -1.7%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.93%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: EQT's debt-to-equity ratio stands notably higher than the industry average, reaching 0.68. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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