Oneok Inc. (NYSE: OKE) kicked off on Friday, up 0.21% from the previous trading day, before settling in for the closing price of $93.77. Over the past 52 weeks, OKE has traded in a range of $60.58-$95.28.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 15.36%. While this was happening, its average annual earnings per share was recorded -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.
Oneok Inc. (OKE) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Oneok Inc. is 0.21%, while institutional ownership is 69.91%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.99 earnings per share (EPS), lower than consensus estimate (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
Take a look at Oneok Inc.’s (OKE) current performance indicators. Last quarter, stock had a quick ratio of 0.41. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 21.72.
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 5.93 in one year’s time.
Technical Analysis of Oneok Inc. (OKE)
Compared to the last year’s volume of 2.77 million, its volume of 2.94 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.79%. Additionally, its Average True Range was 1.68.
During the past 100 days, Oneok Inc.’s (OKE) raw stochastic average was set at 93.12%, which indicates a significant increase from 79.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.25% in the past 14 days, which was lower than the 19.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $87.08, while its 200-day Moving Average is $78.68. Nevertheless, the first resistance level for the watch stands at $94.64 in the near term. At $95.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $96.11. If the price goes on to break the first support level at $93.17, it is likely to go to the next support level at $92.38. Should the price break the second support level, the third support level stands at $91.70.
Oneok Inc. (NYSE: OKE) Key Stats
The company with the Market Capitalisation of 54.89 billion has total of 583,647K Shares Outstanding. Its annual sales at the moment are 17,677 M in contrast with the sum of 2,659 M annual income. Company’s last quarter sales were recorded 4,894 M and last quarter income was 780,000 K.
