NYSE:EQNR

Equinor ASA - EQNR Stock Forecast, Price & News

$38.61

+1.18 (+3.15%)

(As of 08/11/2022 12:58 PM ET)

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Today's Range: $38.02
▼
$38.62
50-Day Range: $31.65
▼
$38.41
52-Week Range: $19.70
▼
$39.15

Volume: 33,987 shs
Average Volume: 2.55 million shs
Market Capitalization: $125.34 billion

P/E Ratio: 7.66
Dividend Yield: 1.56%
Price Target: $193.30

Equinor ASA MarketRank™ Forecast

Analyst Rating: Hold
2.05 Rating Score
Upside/Downside: 532.6% Upside
$243.67 Price Target
Short Interest: Healthy
0.35% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.40
Based on 8 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -22.50%
From $6.09 to $4.72 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Oils/Energy Sector

47th out of 256 stocks

Petroleum Refining Industry

7th out of 20 stocks

4.0

Analyst's Opinion

Consensus Rating
Equinor ASA has received a consensus rating of Hold. The company's average rating score is 2.05, and is based on 5 buy ratings, 12 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $243.67, Equinor ASA has a forecasted upside of 532.6% from its current price of $38.52.
Amount of Analyst Coverage
Equinor ASA has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.35% of the float of Equinor ASA has been sold short.
Short Interest Ratio / Days to Cover
Equinor ASA has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Equinor ASA has recently increased by 16.03%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Equinor ASA pays a meaningful dividend of 1.56%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Equinor ASA does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Equinor ASA is 11.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Equinor ASA will have a dividend payout ratio of 12.29% next year. This indicates that Equinor ASA will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EQNR.

1.4

News and Social Media Coverage

News Sentiment
Equinor ASA has a news sentiment score of -0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Equinor ASA this week, compared to 4 articles on an average week.
Search Interest
35 people have searched for EQNR on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days.
MarketBeat Follows
Only 13 people have added Equinor ASA to their MarketBeat watchlist in the last 30 days. This is a decrease of -28% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Equinor ASA insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 5.66% of the stock of Equinor ASA is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Equinor ASA are expected to decrease by -22.50% in the coming year, from $6.09 to $4.72 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Equinor ASA is 7.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Equinor ASA is 7.64, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 56.67.
Price to Earnings Growth Ratio
Equinor ASA has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Equinor ASA has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Equinor ASA (NYSE:EQNR) Stock

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; markets and trades in electricity and emission rights; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops wind, and carbon capture and storage projects, as well as offers other renewable energy. As of December 31, 2021, the company had proved oil and gas reserves of 5,356 million barrels of oil equivalent. Equinor ASA has collaboration agreements with Vårgrønn; and RWE Renewables and Hydro REIN. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.

Equinor ASA Stock Performance

NYSE:EQNR opened at $37.43 on Thursday. Equinor ASA has a 12-month low of $19.70 and a 12-month high of $39.15. The company has a quick ratio of 1.49, a current ratio of 1.60 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $121.51 billion, a PE ratio of 7.43, a price-to-earnings-growth ratio of 0.12 and a beta of 1.00. The firm has a 50-day moving average price of $35.12 and a 200 day moving average price of $34.31.

Equinor ASA (NYSE:EQNR - Get Rating) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.12. Equinor ASA had a net margin of 12.66% and a return on equity of 43.24%. The firm had revenue of $36.39 billion during the quarter, compared to analyst estimates of $50.49 billion. Research analysts anticipate that Equinor ASA will post 6.09 earnings per share for the current fiscal year.

Equinor ASA Dividend Announcement

The company also recently disclosed a None dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, August 12th will be paid a dividend of $0.345 per share. The ex-dividend date is Thursday, August 11th. This represents a yield of 1.9%. Equinor ASA's dividend payout ratio is 11.51%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on EQNR shares. JPMorgan Chase & Co. upped their price objective on shares of Equinor ASA from 350.00 to 380.00 in a report on Friday, July 15th. DNB Markets raised shares of Equinor ASA from a "hold" rating to a "buy" rating in a research report on Wednesday, May 18th. StockNews.com lowered shares of Equinor ASA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, May 7th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Equinor ASA from 314.00 to 354.00 and gave the stock a "hold" rating in a research report on Wednesday, July 6th. Finally, Royal Bank of Canada lowered shares of Equinor ASA from an "outperform" rating to a "sector perform" rating and boosted their target price for the stock from $320.00 to $330.00 in a research report on Monday, May 9th. Four analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, Equinor ASA currently has a consensus rating of "Hold" and an average price target of $243.67.

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EQNR Stock News Headlines

August 11, 2022 | finance.yahoo.com

Equinor ASA: Ex dividend 1q22

August 9, 2022 | americanbankingnews.com

Equinor ASA (NYSE:EQNR) Receives $243.67 Consensus Price Target from Brokerages

August 1, 2022 | finance.yahoo.com

IBD Screen Of The Day: Soaring Commodity Prices Power Growth In These Top Global Stocks

August 1, 2022 | finance.yahoo.com

Equinor Stock Near Buy Point As Russia Threatens To Cut Off Europe

July 28, 2022 | finance.yahoo.com

Top Energy Stock Equinor Sets Special Dividend, Raises Stock Buyback

July 28, 2022 | finanznachrichten.de

Equinor ASA: Equinor second quarter 2022

July 28, 2022 | finance.yahoo.com

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