What Analysts Are Saying About EQT Stock
Portfolio Pulse from Benzinga Insights
Analysts have diverse opinions on EQT Corporation (NYSE:EQT), with 6 analysts offering ratings in the last three months. The average 12-month price target for EQT is $48.33, up from $47.50, with a high estimate of $53.00 and a low of $39.00. Recent actions include maintaining, raising, and lowering ratings and price targets. EQT is an independent natural gas production company with a focus on the Marcellus and Utica shales. Financially, EQT has a market cap below industry average, a significant revenue decline of -72.73% as of September 30, 2023, a net margin of 8.06%, ROE of 0.62%, ROA of 0.35%, and a debt-to-equity ratio of 0.42.
January 18, 2024 | 3:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Analysts have mixed views on EQT, with recent ratings ranging from 'Buy' to 'Overweight'. The average price target has increased slightly, indicating a positive sentiment shift. Financial challenges persist with a significant revenue decline and below-average profitability metrics.
The mixed analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on EQT's stock price. The financial challenges highlighted, including a significant revenue decline and below-average profitability metrics, could temper any potential positive sentiment from the analyst ratings.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100