The shares of EQT Corporation (NYSE:EQT) has been pegged with a rating of Sector Perform by RBC Capital Mkts in its latest research note that was published on January 7th, 2019. RBC Capital Mkts wasn’t the only research firm that published a report of EQT Corporation, with other equities research analysts also giving their opinion on the stock. MKM Partners advised investors in its research note published on December 6th, 2018, to Buy the EQT stock while also putting a $28 price target. The stock had earned Buy rating from Goldman when it published its report on November 20th, 2018. The stock was given Underweight rating by Morgan Stanley in its report released on November 14th, 2018. BMO Capital Markets was of a view that EQT is Market Perform in its latest report on October 26th, 2018 while giving it a price target of $40. Jefferies thinks that EQT is worth Hold rating. This was contained in the firm’s report on September 18th, 2018 in which the stock’s price target was also moved to $52.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $26.55. The price of the stock the last time has raised by 9.21% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 36.16.
The shares of the company dipped by -0.28% during the trading session on Friday, reaching a low of $17.56 while ending the day at $17.79. During the trading session, a total of 3.99 million shares were traded which represents a 57.43% incline from the average session volume which is 9.38M shares. EQT had ended its last session trading at 17.84. EQT Corporation currently has a market cap of $4.54B while its P/E earnings growth sits at 0.95, with a beta of 0.72. EQT Corporation debt-to-equity ratio currently stands at 0.77, while its quick ratio hovers at 0.50. EQT 52-week low price stands at $16.29 while its 52-week high price is $31.24.
The company in its last quarterly report recorded $0.35 earnings per share which is below the $0.42 predicted by most analysts. The EQT Corporation generated $1,158.87 million in revenue during the last quarter, which is slightly lower than the $1,205.23 million predicted by analysts. In the second quarter last year, the firm recorded $0.44 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -25.71%. EQT Corporation has the potential to record -5.73 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Telsey Advisory Group published a research note on January 11th, 2019 where it informed investors and clients that L Brands, Inc. (NYSE:LB) is now rated as Market Perform. Their price target on the stock stands at $31. MKM Partners also rated LB as Initiated on December 6th, 2018, with its price target of suggesting that LB could surge by 21.96% from its current share price. Even though the stock has been trading at $26.92/share, analysts expect it to surge higher by -1.89% to reach $33.84/share. It started the day trading at $26.79 and traded between $26.18 and $26.41 throughout the trading session.
A look at its technical shows that LB’s 50-day SMA is 28.47 while its 200-day SMA stands at 31.55. The company’s average trading volume currently stands at 5.20M shares, which means that the short-interest ratio is just 2.33 days. Over the past seven days, the company moved, with its shift of -2.73%. Looking further, the stock has dropped -23.60% over the past 90 days while it lost -16.56% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more LB shares, decreasing its portfolio by -2.03% during the last quarter. This move now sees The Vanguard Group Inc selling -494,400 shares in the last quarter, thus it now holds 23,903,863 shares of LB, with a total valuation of $613,612,163. PRIMECAP Management Co meanwhile sold more LB shares in the recently filed quarter, changing its stake to $493,520,690 worth of shares. BlackRock Fund Advisors followed the path by decreasing its LB portfolio by -1.78% in the quarter. This means that BlackRock Fund Advisors sold -294,370 shares in the last quarter and now controls 16,220,451 shares of the LB stock, with the valuation hitting $416,378,977.
Similarly, SunAmerica Asset Management LLC decreased its L Brands, Inc. shares by -1.95% during the recently filed quarter. After selling -194,140 shares in the last quarter, the firm now controls 9,752,442 shares of L Brands, Inc. which are valued at $250,345,186. In the same vein, Manulife Asset Management Ltd increased its L Brands, Inc. shares by during the most recent reported quarter. The firm bought 2,636,385 shares during the quarter which increased its stakes to 5,709,668 shares and is now valued at $146,567,178. Following these latest developments, around 0.10% of L Brands, Inc. stocks are owned by institutional investors and hedge funds.