News Image

Investors seeking growth at a reasonable cost should explore NYSE:EQT.

By Mill Chart

Last update: Oct 16, 2023

Consider EQT CORP (NYSE:EQT) as an affordable growth stock, identified by our stock screening tool. NYSE:EQT is showcasing impressive growth figures and is well-positioned in terms of profitability, solvency, and liquidity. Moreover, it seems to be priced reasonably. Let's dive deeper into the analysis.

Looking at the Growth

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NYSE:EQT has received a 8 out of 10:

  • EQT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.79%, which is quite impressive.
  • Measured over the past years, EQT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 17.74% on average per year.
  • Looking at the last year, EQT shows a very strong growth in Revenue. The Revenue has grown by 113.48%.
  • Measured over the past years, EQT shows a quite strong growth in Revenue. The Revenue has been growing by 19.39% on average per year.
  • Based on estimates for the next years, EQT will show a very strong growth in Earnings Per Share. The EPS will grow by 28.02% on average per year.
  • The Revenue is expected to grow by 11.36% on average over the next years. This is quite good.
  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

How We Gauge Valuation for NYSE:EQT

ChartMill assigns a Valuation Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing different valuation elements, such as price to earnings and free cash flow, both in absolute terms and relative to the market and industry. In the case of NYSE:EQT, the assigned 5 reflects its valuation:

  • Compared to an average S&P500 Price/Earnings ratio of 25.60, EQT is valued a bit cheaper.
  • The Price/Forward Earnings ratio is 9.94, which indicates a very decent valuation of EQT.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 18.74, EQT is valued a bit cheaper.
  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of EQT indicates a somewhat cheap valuation: EQT is cheaper than 77.52% of the companies listed in the same industry.
  • EQT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. EQT is cheaper than 70.64% of the companies in the same industry.
  • EQT has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as EQT's earnings are expected to grow with 28.02% in the coming years.

Evaluating Health: NYSE:EQT

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:EQT has earned a 6 out of 10:

  • The Altman-Z score of EQT (2.52) is better than 61.01% of its industry peers.
  • EQT has a debt to FCF ratio of 1.79. This is a very positive value and a sign of high solvency as it would only need 1.79 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 1.79, EQT is doing good in the industry, outperforming 72.02% of the companies in the same industry.
  • EQT has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.

What does the Profitability looks like for NYSE:EQT

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:EQT has earned a 6 out of 10:

  • The Return On Assets of EQT (16.68%) is better than 69.72% of its industry peers.
  • EQT has a better Return On Equity (29.55%) than 65.60% of its industry peers.
  • With a decent Return On Invested Capital value of 19.88%, EQT is doing good in the industry, outperforming 74.31% of the companies in the same industry.
  • EQT has a better Profit Margin (38.44%) than 73.85% of its industry peers.
  • EQT has a Operating Margin of 53.91%. This is amongst the best in the industry. EQT outperforms 84.40% of its industry peers.
  • In the last couple of years the Operating Margin of EQT has grown nicely.
  • EQT has a Gross Margin of 74.54%. This is in the better half of the industry: EQT outperforms 76.15% of its industry peers.
  • EQT's Gross Margin has improved in the last couple of years.

Every day, new Affordable Growth stocks can be found on ChartMill in our Affordable Growth screener.

Our latest full fundamental report of EQT contains the most current fundamental analsysis.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

Back

EQT CORP

NYSE:EQT (4/18/2024, 7:04:00 PM)

Premarket: 36.2 -0.02 (-0.06%)

36.22

+0.18 (+0.5%)

EQT News

News Imagea day ago - Market News VideoEQT December 20th Options Begin Trading
News Image2 days ago - EQT Corporation (EQT-IR)EQT Declares Quarterly Cash Dividend

/PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced that its Board of Directors declared a quarterly cash dividend of $0.1575 per share, payable on...

News Image3 days ago - ChartmillThese S&P500 stocks are moving in today's session

Curious about the S&P500 stocks that are in motion on Tuesday? Join us as we explore the top movers within the S&P500 index during today's session.

News Image4 days ago - EQT Corporation (EQT-IR)EQT Announces Non-Operated Asset Transaction with Equinor

/PRNewswire/ -- EQT Corporation (NYSE: EQT) ("EQT") announced it has entered into an agreement with Equinor USA Onshore Properties Inc. and their affiliates to...

News Image11 days ago - EQT Corporation (EQT-IR)EQT Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

/PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its first quarter financial and operating results news release after market close on Tuesday, April...

News Image22 days ago - Market News VideoThursday Sector Leaders: Energy, Utilities
News Image24 days ago - InvestorPlace7 Energy Stocks to Scoop Up as Natural Gas Prices Hit Rock Bottom

Natural gas prices are very low creating a buy opportunity in these energy stocks that are dependent on natural gas.

News Imagea month ago - The Motley FoolNextEra Energy Partners Investors Should Be Watching This Acquisition Very Closely. Here's Why.

NextEra Energy Partners' unit price has fallen dramatically. The same thing happened to Equitrans Midstream and now it's being bought out.

News Imagea month ago - BloombergEQT CEO Warns Lack of Gas Storage Will Trigger Price Gyrations

The chief of the largest US producer of natural gas has warned that a lack of pipelines and storage facilities will trigger dramatic price swings in the years ahead, causing them to surge as much 350%.

EQT Links
Follow us for more