EQT stock: buy or sell?

EQT stock price: $6.90 -0.86% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After sliding a frightening -11.06% on Mar 26th, EQT closed yesterday at $6.90 and slightly fell an unpleasant -0.86%. On Wednesday EQT climbed an astounding 6.21%.

EQT Corporation, together with its subsidiaries, operates in natural gas industry in the United States. Its EQT Production segment produces natural gas, natural gas liquids (NGLs), and crude oil.

Should I buy EQT stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, EQT stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean EQT will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is EQT stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for EQT stock for the last 30 days.

EQT stock analysis

Daily outlook

After sliding a frightening -11.06% on March 26th, EQT closed yesterday at $6.90 and slightly fell an unpleasant -0.86%.

After sliding a frightening -11.06% on March/26, EQT closed yesterday at $6.90 and slightly fell an unpleasant -0.86%. Since price and SMA100d lines crossed down on Mar 19th, EQT fell $-1.79 per share (-20.60%).

EQT stock chart (daily)

Weekly outlook

EQT shares collapsed -7.38% this week, ending at $6.90. Early March EQT rocketed a super good 32.95% in just one week.

Since mid May 2019, when EQT stock price broke down the 40-weeks moving avarage line, it slid $-13.89 per share (-66.81%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

EQT stock chart (weekly)

EQT stock price history

EQT stock went public on July 21st, 1980 with a price of $0.001. Since then, EQT stock surged a inf%, with an average of inf% per year. If you had invested $1,000 in EQT stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

EQT stock historical price chart

EQT stock reached 52-week highs on April at $21.59, and all-time highs 2014-04-24 with a price of 58.71.

EQT stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for EQT stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on April, EQT . As soon as we get its actual EPS from the earnings report, we will update this report.
EQT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.24n/a
2017-Q32017-10-26-0.040.12n/a
2017-Q42018-02-150.240.76216.7%
2018-Q12018-04-261.011.010.0%
2018-Q22018-07-260.370.4418.9%
2018-Q32018-10-250.330.356.1%
2018-Q42019-02-140.790.790.0%
2019-Q12019-04-250.98n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, EQT annual revenues boosted an amazing 75.36% to $4,736.46 M dollars from $2,701.00 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) collapsed a -103.24% to -47.39%.

To have an updated picture of the financial situation of EQT, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual EQT TTM sales up to March 2019 were $4,446.04 and earnings were $-467.88 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem EQT business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, eased a rough -6.13%. Regarding profit margin, EQT skyrocketed 36.87% to -47.39%

EQT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,770 M-$299 M16.9%-
2014$2,470 M39.53%$387 M15.7%29.54%
2015$1,954 M-20.88%$85 M4.4%-77.99%
2016$1,857 M-4.95%$-452.98 M-24.4%-631.85%
2017$2,701 M45.42%$1,509 M55.9%-433.02%
2018$4,736 M75.36%$-2,244.57 M-47.4%-248.79%
TTM $4,446 M-6.13%$-467.88 M-10.5%-79.15%

Quarterly financial results

EQT posted $1,143.17 M in revenues for 2019-Q1, a 4.94% improvement compared to previous quarter. Reported quarter earnings marked $190.69 M with a profit margin of 16.68%. Profit margin skyrocketed a 75.13% compared to previous quarter when profit margin was -58.45%. When comparing turnover to same quarter last year, EQT sales marked a scary correction and plummed a -20.26%.
EQT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$643 M-$41.13 M6.4%-
2017-Q3$623 M-3.06%$23.34 M3.7%-43.25%
2017-Q4$746 M19.64%$1,280.07 M171.7%5,384.45%
2018-Q1$1,434 M92.25%$-1,585.99 M-110.6%-223.90%
2018-Q2$1,055 M-26.43%$17.81 M1.7%-101.12%
2018-Q3$1,159 M9.88%$-39.69 M-3.4%-322.92%
2018-Q4$1,089 M-6.00%$-636.69 M-58.4%1,504.03%
2019-Q1$1,143 M4.94%$190.69 M16.7%-129.95%

EQT ownership

When you are planning to buy shares of a company, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For EQT, 1.22% of all outstanding shares are owned by its staff.

Bearish positions for EQT stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to EQT:

EQT
Market cap$1.8 B
Total shares255.5 M
Float shares252.6 M
  - Institutional holdings (%)102.0%
  - Insider holdings (%)1.2%
Shares in short selling0.0%

EQT summary

Friday, March 27th, 2020
Open$6.78
Close$6.90
Day range$6.65 - $7.38
Previous close$6.96
Session gain-0.86%
Average true range$1.51
50d mov avg$6.54
100d mov avg$8.10
200d mov avg$10.21
Daily patternlt02a
Weekly pattern lt03a

EQT performance

To measure stock performance is always good to benchmark with competitors or related stocks. For EQT, the comparison is made against .
Stock3m6m12m
EQT -33.59%-38.06%-66.33%

EQT competitors

Unfortunately, we could not find any public company that could be defined as EQT competitor. This doesn't mean EQT does not have any competitor in the market, it's just we could not detected it.

    Latest EQT stock news