Capital One Financial Has Optimistic View of EQT Q1 Earnings

EQT Co. (NYSE:EQT) – Equities research analysts at Capital One Financial boosted their Q1 2025 EPS estimates for EQT in a note issued to investors on Wednesday, January 8th. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings of $0.85 per share for the quarter, up from their prior estimate of $0.77. The consensus estimate for EQT’s current full-year earnings is $1.37 per share. Capital One Financial also issued estimates for EQT’s Q2 2025 earnings at $0.72 EPS, Q3 2025 earnings at $0.78 EPS and Q4 2025 earnings at $0.84 EPS.

EQT (NYSE:EQT) last released its quarterly earnings data on Tuesday, October 29th. The oil and gas producer reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.06. EQT had a return on equity of 3.74% and a net margin of 5.52%. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the prior year, the firm posted $0.30 EPS. The business’s revenue for the quarter was up 8.2% on a year-over-year basis.

Other analysts also recently issued research reports about the stock. Bank of America began coverage on shares of EQT in a research report on Monday, October 28th. They set a “buy” rating and a $50.00 target price for the company. BMO Capital Markets upped their target price on EQT from $39.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, October 4th. Piper Sandler lifted their price target on shares of EQT from $32.00 to $34.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Jefferies Financial Group raised their target price on EQT from $45.00 to $55.00 and gave the company a “buy” rating in a research note on Friday, January 3rd. Finally, StockNews.com upgraded EQT to a “sell” rating in a research note on Monday, December 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, EQT presently has a consensus rating of “Moderate Buy” and a consensus price target of $47.83.

EQT Stock Performance

Shares of NYSE:EQT opened at $48.97 on Friday. The business has a 50-day moving average of $44.29 and a two-hundred day moving average of $38.19. The firm has a market capitalization of $29.22 billion, a PE ratio of 58.30 and a beta of 1.14. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.51 and a quick ratio of 0.51. EQT has a 12 month low of $30.02 and a 12 month high of $49.20.

Insider Buying and Selling

In other news, Director Thomas F. Karam sold 30,154 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $44.83, for a total transaction of $1,351,803.82. Following the completion of the transaction, the director now directly owns 201,608 shares in the company, valued at approximately $9,038,086.64. The trade was a 13.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.63% of the stock is owned by company insiders.

Institutional Trading of EQT

Several hedge funds have recently added to or reduced their stakes in the business. Davis Investment Partners LLC increased its holdings in shares of EQT by 1.0% during the third quarter. Davis Investment Partners LLC now owns 30,908 shares of the oil and gas producer’s stock valued at $1,137,000 after purchasing an additional 317 shares during the period. J.W. Cole Advisors Inc. raised its position in shares of EQT by 7.4% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 6,121 shares of the oil and gas producer’s stock worth $224,000 after buying an additional 421 shares in the last quarter. Ballentine Partners LLC lifted its stake in shares of EQT by 8.4% in the 2nd quarter. Ballentine Partners LLC now owns 6,291 shares of the oil and gas producer’s stock worth $233,000 after acquiring an additional 486 shares during the period. Financial Avengers Inc. lifted its stake in shares of EQT by 100.8% in the 3rd quarter. Financial Avengers Inc. now owns 1,004 shares of the oil and gas producer’s stock worth $37,000 after acquiring an additional 504 shares during the period. Finally, Quarry LP boosted its holdings in shares of EQT by 184.7% in the third quarter. Quarry LP now owns 891 shares of the oil and gas producer’s stock valued at $33,000 after acquiring an additional 578 shares in the last quarter. Institutional investors own 90.81% of the company’s stock.

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.