Press coverage about EQT Corporation (NYSE:EQT) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EQT Corporation earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news coverage about the oil and gas producer an impact score of 45.0686170634868 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- The Zacks Analyst Blog Highlights: Rice Energy, Chesapeake Energy, Southwestern Energy, Cabot Oil & Gas and EQT (finance.yahoo.com)
- EQT Corporation (EQT) Given “Hold” Rating at Jefferies Group LLC (americanbankingnews.com)
- Royal Bank Of Canada Reiterates “$79.00” Price Target for EQT Corporation (EQT) (americanbankingnews.com)
- EQT Corporation Announces Third Quarter 2017 Earnings Conference Call – Business Wire (press release) (businesswire.com)
- Inventories Spread: Could Natural Gas Make a U-Turn? (finance.yahoo.com)
Shares of EQT Corporation (NYSE:EQT) opened at 62.88 on Wednesday. EQT Corporation has a 12 month low of $49.63 and a 12 month high of $75.74. The firm’s 50-day moving average is $63.20 and its 200 day moving average is $60.50. The company has a market capitalization of $10.90 billion, a price-to-earnings ratio of 2245.71 and a beta of 0.77.
EQT Corporation (NYSE:EQT) last posted its quarterly earnings results on Thursday, July 27th. The oil and gas producer reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.01. EQT Corporation had a return on equity of 0.91% and a net margin of 0.20%. The business had revenue of $631.10 million during the quarter, compared to the consensus estimate of $642.21 million. During the same period in the prior year, the company posted ($0.35) EPS. The firm’s revenue for the quarter was up 720.1% compared to the same quarter last year. Equities analysts expect that EQT Corporation will post $0.91 EPS for the current year.
EQT has been the subject of a number of analyst reports. BidaskClub upgraded shares of EQT Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Scotiabank reiterated a “neutral” rating on shares of EQT Corporation in a research report on Monday, June 19th. BMO Capital Markets upgraded shares of EQT Corporation from a “market perform” rating to an “outperform” rating and set a $70.00 target price for the company in a research report on Tuesday, June 20th. Morgan Stanley dropped their target price on shares of EQT Corporation from $61.00 to $56.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 21st. Finally, KLR Group reiterated a “buy” rating and set a $102.00 target price (up from $92.00) on shares of EQT Corporation in a research report on Monday, June 26th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. EQT Corporation has an average rating of “Buy” and an average price target of $79.30.
In other EQT Corporation news, Director A. Bray Jr. Cary purchased 406 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was acquired at an average cost of $65.24 per share, for a total transaction of $26,487.44. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 1.00% of the company’s stock.
About EQT Corporation
EQT Corporation is a natural gas company. The Company operates through three segments: EQT Production, EQT Gathering and EQT Transmission. The EQT Production segment includes its exploration for, and development and production of, natural gas, natural gas liquids and a limited amount of crude oil, primarily in the Appalachian Basin.
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