Oneok Inc. (NYSE: OKE) on Tuesday, soared 1.05% from the previous trading day, before settling in for the closing price of $93.68. Within the past 52 weeks, OKE’s price has moved between $60.58 and $93.88.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 15.36%. The company achieved an average annual earnings per share of -7.27%. With a float of $582.83 million, this company’s outstanding shares have now reached $583.09 million.
Considering the fact that the conglomerate employs 4775 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 26.07%, operating margin of 22.43%, and the pretax margin is 16.63%.
Oneok Inc. (OKE) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Oneok Inc. is 0.21%, while institutional ownership is 69.90%. The most recent insider transaction that took place on Sep 05 ’24, was worth 310,902. In this transaction Director of this company sold 3,379 shares at a rate of $92.01, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 05 ’24, when Company’s Director proposed sale 3,379 for $91.83, making the entire transaction worth $310,294.
Oneok Inc. (OKE) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.99 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.05) by -0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.60% during the next five years compared to 14.52% growth over the previous five years of trading.
Oneok Inc. (NYSE: OKE) Trading Performance Indicators
Oneok Inc. (OKE) is currently performing well based on its current performance indicators. A quick ratio of 0.41 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 21.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.59, a number that is poised to hit 1.28 in the next quarter and is forecasted to reach 5.90 in one year’s time.
Technical Analysis of Oneok Inc. (OKE)
Compared to the last year’s volume of 2.76 million, its volume of 2.47 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.43%. Additionally, its Average True Range was 1.70.
During the past 100 days, Oneok Inc.’s (OKE) raw stochastic average was set at 98.45%, which indicates a significant increase from 95.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.46% in the past 14 days, which was higher than the 19.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.40, while its 200-day Moving Average is $78.32. Nevertheless, the first resistance level for the watch stands at $95.28 in the near term. At $95.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $96.86. If the price goes on to break the first support level at $93.70, it is likely to go to the next support level at $92.75. Now, if the price goes above the second support level, the third support stands at $92.12.
Oneok Inc. (NYSE: OKE) Key Stats
Market capitalization of the company is 55.29 billion based on 583,647K outstanding shares. Right now, sales total 17,677 M and income totals 2,659 M. The company made 4,894 M in profit during its latest quarter, and 780,000 K in sales during its previous quarter.
