Zacks Research Has Optimistic Outlook of EQT Q1 Earnings

EQT Co. (NYSE:EQT) – Analysts at Zacks Research raised their Q1 2025 earnings per share estimates for EQT in a report released on Tuesday, April 22nd. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings per share of $0.88 for the quarter, up from their previous estimate of $0.85. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s FY2025 earnings at $2.81 EPS, Q2 2026 earnings at $1.04 EPS, Q3 2026 earnings at $0.79 EPS, Q1 2027 earnings at $1.15 EPS and FY2027 earnings at $4.93 EPS.

EQT has been the subject of several other research reports. Wells Fargo & Company boosted their price target on EQT from $53.00 to $58.00 and gave the company an “overweight” rating in a report on Wednesday, March 19th. Scotiabank lowered shares of EQT from a “sector outperform” rating to a “sector perform” rating and reduced their target price for the stock from $55.00 to $54.00 in a report on Friday, January 17th. Truist Financial lifted their price target on shares of EQT from $41.00 to $56.00 and gave the company a “hold” rating in a report on Monday, January 13th. Royal Bank of Canada reissued a “sector perform” rating and issued a $49.00 price objective on shares of EQT in a research note on Monday, January 6th. Finally, UBS Group lowered their target price on shares of EQT from $55.00 to $54.00 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $55.50.

EQT Trading Up 1.7 %

Shares of EQT stock opened at $48.49 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.70 and a quick ratio of 0.51. The company has a market cap of $28.97 billion, a price-to-earnings ratio of 121.23, a PEG ratio of 0.64 and a beta of 1.35. EQT has a 1 year low of $30.02 and a 1 year high of $56.66. The firm has a fifty day moving average price of $50.56 and a 200-day moving average price of $46.83.

EQT (NYSE:EQT) last posted its quarterly earnings data on Tuesday, April 22nd. The oil and gas producer reported $1.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.20. EQT had a net margin of 4.37% and a return on equity of 4.35%. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.16 billion.

Institutional Trading of EQT

Several hedge funds have recently made changes to their positions in the business. Retirement Systems of Alabama increased its stake in EQT by 36.7% during the third quarter. Retirement Systems of Alabama now owns 133,142 shares of the oil and gas producer’s stock worth $4,878,000 after acquiring an additional 35,733 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of EQT by 44.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 53,555 shares of the oil and gas producer’s stock valued at $2,379,000 after purchasing an additional 16,416 shares during the last quarter. D.A. Davidson & CO. raised its holdings in EQT by 13.4% during the 4th quarter. D.A. Davidson & CO. now owns 6,467 shares of the oil and gas producer’s stock valued at $298,000 after buying an additional 762 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in EQT by 15.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 41,508 shares of the oil and gas producer’s stock worth $1,914,000 after buying an additional 5,489 shares during the period. Finally, Howard Financial Services LTD. bought a new position in EQT during the fourth quarter valued at $223,000. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

EQT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Wednesday, May 7th will be paid a $0.1575 dividend. The ex-dividend date is Wednesday, May 7th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.30%. EQT’s payout ratio is currently 157.50%.

About EQT

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.