EQT Corporation (EQT): Analysis on the Earning Per Share


EQT Corporation (NYSE:EQT) changes shares on Wednesday trading session, with a change of 2.38% or $0.38 shares. The trading starts at $16.23 and closed at $15.98 throughout the day. The trading session low price was $15.9095 and day high was $16.86 on Wednesday, August 05. After the session, the Energy sector daily volume shifted to 6.1 million while its average volume is 6.03M. In other hand, the EQT market cap reached to $4.10B. While, its current target price is $16.53.

On June 11, 2020, EQT links jumbo fund bridge to sustainability. According to the news reported on Reuters, Swedish investment group EQT has signed a fund bridge facility with pricing linked to private equity portfolio company environmental, social and governance performance.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 12.91% and up 16.28% for month. Its quarterly performance was 20.03% above, while its half year performance is up 172.67%. EQT yearly performance stood at positive 30.46% and rise 50.09% for year-to-date. Current recommendation for EQT Corporation is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EQT EPS (TTM) for 12-month is -7.71. EPS for this year is 52.20%, while for the next year its value is 0.14. Its EPS Q/Q reached -309.30%. It has an EPS of -31.20% down for past five years and for the next five years will be up 5.00%.

On the other hand, target price ranges from $12.00 – $23.00. Average target price for EQT was reached at $16.78.

Price (T.Rowe) Associates Inc, Vanguard Group, Inc. (The) and Blackrock Inc. are the top three holders in EQT Corporation (EQT) stock. On Mar 30, 2020, Price (T.Rowe) Associates Inc has 28.74 million shares which valued 203.2 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 24.88 million shares which valued at 175.88 million. On Mar 30, 2020, Blackrock Inc. has a total of 22.73 million shares which valued at 160.73 million. In the end, Blackrock Inc. have 8.89% shares outstanding of EQT Corporation (EQT) on Mar 30, 2020. The insider ownership moved to 0.30% and institutional holding shifted to 96.70%.

The company posted an EPS (TTM) of -7.71. According to the most recent quarter report on (Sep 2020), 14 analysts estimated an average EPS of -0.21, while -0.06 EPS posted a year ago period. Analyst Estimated EPS for EQT published in the report was -$0.39 – $0.04 during the same period. Comparing with last year, the average estimated EPS was -0.06 which is higher than -0.18 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EQT rise 56.92% for period of 200 days. SMA for 50 days was 20.81% which is showing green signal, while SMA-20 was 20.38%. The moving average value for EQT Corporation (EQT) is 10.76 and 13.14 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in EQT stock. On May 12, Beebe Lydia I, Director, bought 1,000 trading shares at the cost of $12.86, which valued at 12860.0. On Mar 03, Beebe Lydia I, Director, bought 3,000 shares at the cost of $6.00, with total shares of 4,000.