Zacks Research Weighs in on EQT Co.’s Q1 2025 Earnings (NYSE:EQT)

EQT Co. (NYSE:EQT) – Equities researchers at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for EQT in a research note issued to investors on Friday, April 19th. Zacks Research analyst D. Bhowal now forecasts that the oil and gas producer will earn $1.48 per share for the quarter, up from their previous forecast of $1.27. The consensus estimate for EQT’s current full-year earnings is $1.07 per share.

EQT has been the topic of a number of other reports. Wells Fargo & Company downgraded shares of EQT from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $48.00 to $37.00 in a research report on Wednesday, April 17th. Piper Sandler cut their target price on EQT from $47.00 to $41.00 and set an “overweight” rating on the stock in a research report on Friday. The Goldman Sachs Group decreased their target price on EQT from $48.00 to $43.00 and set a “buy” rating for the company in a research report on Tuesday, April 2nd. StockNews.com raised EQT to a “sell” rating in a research report on Tuesday, March 12th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $46.00 price objective on shares of EQT in a research note on Tuesday, March 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $43.38.

EQT Stock Performance

Shares of EQT stock opened at $37.99 on Monday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.37. EQT has a 52 week low of $30.84 and a 52 week high of $45.23. The firm’s 50 day moving average is $35.98 and its two-hundred day moving average is $38.02. The firm has a market capitalization of $16.73 billion, a P/E ratio of 8.94 and a beta of 1.12.

EQT (NYSE:EQT) last released its quarterly earnings data on Tuesday, February 13th. The oil and gas producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.58 billion. EQT had a return on equity of 7.12% and a net margin of 25.12%. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS.

Institutional Trading of EQT

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Private Wealth Management Group LLC acquired a new stake in EQT in the fourth quarter valued at about $30,000. BKM Wealth Management LLC purchased a new stake in shares of EQT in the fourth quarter valued at approximately $40,000. Principal Securities Inc. acquired a new position in EQT during the fourth quarter worth $51,000. Allworth Financial LP raised its position in EQT by 26.9% in the third quarter. Allworth Financial LP now owns 1,332 shares of the oil and gas producer’s stock worth $54,000 after acquiring an additional 282 shares in the last quarter. Finally, First Command Advisory Services Inc. acquired a new stake in EQT in the third quarter valued at $54,000. Hedge funds and other institutional investors own 90.81% of the company’s stock.

EQT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, June 1st. Stockholders of record on Wednesday, May 8th will be paid a $0.1575 dividend. This represents a $0.63 annualized dividend and a dividend yield of 1.66%. The ex-dividend date is Tuesday, May 7th. EQT’s dividend payout ratio (DPR) is presently 14.82%.

EQT Company Profile

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.