EQT CorporationEQT was a big mover last session, as the company saw its shares rise over 5% on the day. The upside was driven by the company's announcement of encouraging fourth-quarter results. This resulted in solid volume with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $60.63 to $65.86 in the past one-month time frame, showed a pick-up yesterday at $63.87.
The company has seen a mixed track record when it comes to estimate revisions of two increases and three decreases over the past one month, while the Zacks Consensus Estimate moved lower over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
EQT Corporation currently carries a Zacks Rank #3 (Hold).
EQT Corporation Price
EQT Corporation Price | EQT Corporation Quote
A better-ranked stock in the same industry is Denbury Resources Inc. DNR , sporting a Zacks Rank #1 (Strong Buy).You can see the complete list of today's Zacks #1 Rank stocks here .
Is EQT going up? Or down? Predict to see what others think: Up or Down
The Best Place to Start Your Stock Search
Today, you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks - absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
EQT Corporation (EQT): Free Stock Analysis Report
Denbury Resources Inc. (DNR): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.