Equinor ASA (EQNR): Key fundamentals of EQNR


Equinor ASA (NYSE:EQNR) changes shares on Wednesday trading session, with a change of 3.04% or $0.47 shares. The trading starts at $16.03 and closed at $15.48 throughout the day. The trading session low price was $15.90 and day high was $16.21 on Wednesday, August 05. After the session, the Energy sector daily volume shifted to 2.67 million while its average volume is 3.95M. In other hand, the EQNR market cap reached to $51.91B. While, its current target price is $18.76.

On July 28, 2020, Equinor short-lists four insiders as potential CEO successor – source. According to the news reported on Reuters, Equinor has short-listed four internal candidates to succeed Chief Executive Eldar Saetre who is likely to announce his departure within the next few months, a source familiar with the process told Reuters.

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 2.97% and up 9.70% for month. Its quarterly performance was 24.03% above, while its half year performance is down -14.29%. EQNR yearly performance stood at negative -6.18% and fall -19.89% for year-to-date. Current recommendation for Equinor ASA is 1.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EQNR EPS (TTM) for 12-month is -0.70. EPS for this year is -75.50%, while for the next year its value is 0.74. Its EPS Q/Q reached -117.50%. It has an EPS of -14.60% down for past five years and for the next five years will be up 27.70%.

On the other hand, target price ranges from $18.52 – $19.00. Average target price for EQNR was reached at $18.76.

FMR, LLC, Renaissance Technologies, LLC and Point72 Asset Management, L.P. are the top three holders in Equinor ASA (EQNR) stock. On Mar 30, 2020, FMR, LLC has 48.9 million shares which valued 595.58 million. On Mar 30, 2020, Renaissance Technologies, LLC owned 12.66 million shares which valued at 154.16 million. On Mar 30, 2020, Point72 Asset Management, L.P. has a total of 5.27 million shares which valued at 64.25 million. In the end, Point72 Asset Management, L.P. have 0.16% shares outstanding of Equinor ASA (EQNR) on Mar 30, 2020. The insider ownership moved to 67.30% and institutional holding shifted to 6.80%.

The company posted an EPS (TTM) of -0.70. Comparing with last year, the average estimated EPS was 0.51 which is higher than 0.46 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 EQNR fall -0.93% for period of 200 days. SMA for 50 days was 5.62% which is showing green signal, while SMA-20 was 5.32%. The moving average value for Equinor ASA (EQNR) is 14.61 and 14.93 for 200 and 50 days respectively.