Zacks Research Has Bearish Forecast for EQT FY2025 Earnings

Key Points

• Zacks Research has reduced its FY2025 EPS estimate for EQT from $3.18 to $3.04, falling below the current consensus estimate of $3.27.
• EQT reported a Q2 EPS of $0.45, missing analysts' expectations of $0.52, alongside revenues of $1.60 billion compared to a forecast of $1.78 billion.
• A mixture of analysts rated EQT, with seventeen giving a Buy rating, while Roth Capital downgraded it to a "neutral" rating and lowered the target price significantly from $75.00 to $57.00.

EQT Corporation (NYSE:EQT - Free Report) - Equities researchers at Zacks Research decreased their FY2025 EPS estimates for EQT in a research report issued to clients and investors on Monday, October 13th. Zacks Research analyst Team now anticipates that the oil and gas producer will post earnings per share of $3.04 for the year, down from their prior estimate of $3.18. The consensus estimate for EQT's current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT's Q4 2025 earnings at $0.85 EPS, Q1 2027 earnings at $1.24 EPS, Q3 2027 earnings at $0.79 EPS and FY2027 earnings at $3.97 EPS.

EQT (NYSE:EQT - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The oil and gas producer reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.52 by ($0.07). EQT had a net margin of 15.87% and a return on equity of 6.24%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the business posted ($0.08) earnings per share.

Other equities research analysts also recently issued reports about the stock. Roth Capital downgraded shares of EQT from a "strong-buy" rating to a "neutral" rating and lowered their target price for the company from $75.00 to $57.00 in a research note on Monday, August 18th. Citigroup raised their target price on shares of EQT from $60.00 to $63.00 and gave the company a "buy" rating in a research note on Tuesday, September 23rd. Wolfe Research raised their target price on shares of EQT from $71.00 to $72.00 and gave the company an "outperform" rating in a research note on Monday, October 6th. Melius started coverage on shares of EQT in a research note on Wednesday, August 20th. They issued a "buy" rating and a $64.00 target price on the stock. Finally, Jefferies Financial Group lowered their target price on shares of EQT from $70.00 to $68.00 and set a "buy" rating on the stock in a research note on Thursday, October 2nd. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.50.

EQT Price Performance

EQT stock opened at $53.30 on Wednesday. The firm has a 50 day moving average of $52.33 and a 200-day moving average of $53.50. The firm has a market capitalization of $33.26 billion, a P/E ratio of 28.81, a price-to-earnings-growth ratio of 0.45 and a beta of 0.50. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.32. EQT has a 12 month low of $35.44 and a 12 month high of $61.02.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Wedbush Securities Inc. purchased a new position in shares of EQT in the first quarter worth $216,000. Allianz Asset Management GmbH increased its stake in shares of EQT by 36.3% in the first quarter. Allianz Asset Management GmbH now owns 205,679 shares of the oil and gas producer's stock worth $10,989,000 after buying an additional 54,779 shares during the period. Kingsman Wealth Management Inc. purchased a new position in shares of EQT in the first quarter worth $1,284,000. Axxcess Wealth Management LLC increased its stake in shares of EQT by 7.0% in the first quarter. Axxcess Wealth Management LLC now owns 6,661 shares of the oil and gas producer's stock worth $356,000 after buying an additional 434 shares during the period. Finally, Philadelphia Trust Co. increased its stake in shares of EQT by 665.8% in the first quarter. Philadelphia Trust Co. now owns 54,371 shares of the oil and gas producer's stock worth $2,905,000 after buying an additional 47,271 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at EQT

In related news, Director Vicky A. Bailey sold 4,259 shares of EQT stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $51.56, for a total value of $219,594.04. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Sarah Fenton sold 12,438 shares of EQT stock in a transaction on Friday, July 25th. The stock was sold at an average price of $51.94, for a total transaction of $646,029.72. Following the completion of the transaction, the executive vice president directly owned 13,297 shares in the company, valued at approximately $690,646.18. The trade was a 48.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.65% 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.

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