EQT Co. (NYSE:EQT) has received an average recommendation of "Moderate Buy" from the nineteen analysts that are  covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and fourteen have assigned  a buy recommendation to  the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $58.67.

Several equities research analysts have recently commented on EQT shares. PETERS & COMPAN  reiterated a "sector perform" rating on shares of EQT in a research report on Friday, September 23rd. Citigroup cut shares of EQT from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $60.00 to $40.00 in a report on Wednesday, December 7th. Morgan Stanley boosted their price objective on shares of EQT from $48.00 to $50.00 and gave the company an "overweight" rating in a report on Wednesday, October 19th. Jefferies Financial Group initiated coverage on shares of EQT in a report on Wednesday, October 19th. They set a "buy" rating and a $57.00 price objective for the company. Finally, BMO Capital Markets raised shares of EQT from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $50.00 to $65.00 in a research note on Monday, September 19th.

EQT Stock Performance

NYSE EQT opened at $36.91 on Tuesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market capitalization of $13.55 billion, a price-to-earnings ratio of 8.17, a P/E/G ratio of 0.15 and a beta of 1.15. The company's fifty day moving average is $41.25 and its two-hundred day moving average is $42.40. EQT has a 52-week low of $19.20 and a 52-week high of $51.97.

EQT (NYSE:EQT – Get Rating) last announced its quarterly earnings results on Wednesday, October 26th. The oil and gas producer reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.05. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.74 billion.  Equities research analysts forecast that  EQT will post 4.13 EPS for the current year.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Wednesday, November 9th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend  was Tuesday, November 8th. EQT's dividend payout ratio  is currently 13.27%.

Insider Buying and Selling at EQT

In related news, EVP William E. Jordan sold 98,783 shares of EQT stock in a transaction dated Wednesday, November 9th. The stock was sold at an average price of $41.55, for a total value of $4,104,433.65. Following the completion of the sale, the executive vice president now owns 297,787 shares of the company's stock, valued at approximately $12,373,049.85. The sale was disclosed in a legal filing with the SEC. Company insiders own  0.48% of the company's stock.

Institutional Trading of EQT

Hedge funds have recently bought and sold shares of the company. Larson Financial Group LLC purchased a new stake in  EQT in the third quarter worth $28,000.  Exos TFP Holdings LLC bought a new position in shares of  EQT in the third quarter worth about $29,000.  Kathleen S. Wright Associates Inc. bought a new position in shares of  EQT in the second quarter worth about $32,000.  Clearstead Advisors LLC bought a new position in shares of  EQT in the third quarter worth about $41,000.  Finally, Alta Advisers Ltd purchased a new stake in shares of  EQT during the third quarter worth about $45,000. Institutional investors own  95.63% of the company's stock.

EQT Company Profile

EQT Corporation operates as a natural gas production company in the United States. As of December 31, 2021, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.7 million gross acres in the Marcellus play.