EQT (EQT) Scheduled to Post Earnings on Tuesday

EQT (NYSE:EQT) is set to issue its quarterly earnings data after the market closes on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

EQT Trading Up 1.4 %

NYSE EQT opened at $37.48 on Friday. The business’s 50-day moving average price is $34.87 and its two-hundred day moving average price is $36.61. EQT has a 12 month low of $30.02 and a 12 month high of $45.23. The firm has a market capitalization of $16.55 billion, a PE ratio of 23.72 and a beta of 1.06. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.33.

EQT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Wednesday, November 6th will be given a $0.1575 dividend. The ex-dividend date is Wednesday, November 6th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.68%. EQT’s dividend payout ratio (DPR) is presently 39.87%.

Analyst Upgrades and Downgrades

EQT has been the topic of a number of analyst reports. Wolfe Research initiated coverage on EQT in a research report on Thursday, July 18th. They issued an “outperform” rating and a $51.00 price target on the stock. Scotiabank upped their target price on EQT from $54.00 to $55.00 and gave the company a “sector outperform” rating in a research report on Friday, July 12th. Wells Fargo & Company upgraded EQT from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $40.00 to $42.00 in a research report on Wednesday, August 14th. Truist Financial cut their target price on EQT from $36.00 to $32.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd. Finally, Citigroup upgraded EQT from a “neutral” rating to a “buy” rating and upped their target price for the company from $37.00 to $44.00 in a research report on Thursday, October 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, EQT presently has a consensus rating of “Moderate Buy” and an average price target of $42.18.

About EQT

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.