7 analysts have shared their evaluations of ONEOK OKE during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $108.86, a high estimate of $133.00, and a low estimate of $101.00. This upward trend is apparent, with the current average reflecting a 0.8% increase from the previous average price target of $108.00.
Diving into Analyst Ratings: An In-Depth Exploration
A comprehensive examination of how financial experts perceive ONEOK is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Robert Kad | Morgan Stanley | Raises | Overweight | $133.00 | $111.00 |
| Theresa Chen | Barclays | Lowers | Equal-Weight | $101.00 | $105.00 |
| Brandon Bingham | Scotiabank | Lowers | Sector Outperform | $102.00 | $109.00 |
| Spiro Dounis | Citigroup | Announces | Buy | $110.00 | - |
| Michael Blum | Wells Fargo | Lowers | Equal-Weight | $102.00 | $107.00 |
| Theresa Chen | Barclays | Announces | Equal-Weight | $105.00 | - |
| Brandon Bingham | Scotiabank | Announces | Sector Outperform | $109.00 | - |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to ONEOK. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of ONEOK compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for ONEOK's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into ONEOK's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on ONEOK analyst ratings.
About ONEOK
Oneok is a diversified midstream service provider specializing in natural gas gathering, processing, storage, and transportation and natural gas liquids transportation and fractionation. It also operates a refined product and crude oil segment connecting producers, refiners, and consumers. Operations are in the midcontinent, Permian, and Rocky Mountain regions.
Breaking Down ONEOK's Financial Performance
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, ONEOK showcased positive performance, achieving a revenue growth rate of 33.72% as of 31 December, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Energy sector.
Net Margin: ONEOK's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 13.19%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 5.44%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): ONEOK's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.6%, the company showcases efficient use of assets and strong financial health.
Debt Management: ONEOK's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.88.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically 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.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
