As EQT Corporation (EQT, Financial) gears up to report its latest earnings, the options market is showing heightened activity, particularly with a strong leaning towards call options over puts, evident from a 19:2 ratio. This indicates a significant bullish sentiment among traders.
Anticipation is running high, with implied volatility pointing to a potential share price movement of approximately 4.6%, or $2.21, once the company releases its earnings. This projected volatility exceeds the median share price movement of 3.4% observed over the last eight quarters.
Investors and analysts are closely watching the forthcoming earnings announcement, as it may lead to notable fluctuations in EQT's stock value, reflecting market expectations and reactions to the company's financial performance and forward guidance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for EQT Corp (EQT, Financial) is $55.80 with a high estimate of $73.00 and a low estimate of $36.00. The average target implies an upside of 15.41% from the current price of $48.35. More detailed estimate data can be found on the EQT Corp (EQT) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, EQT Corp's (EQT, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for EQT Corp (EQT, Financial) in one year is $27.40, suggesting a downside of 43.32% from the current price of $48.345. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the EQT Corp (EQT) Summary page.
