Oneok Inc. (OKE) EPS is poised to hit 1.28 next quarter: How Investors Can Make It Count the Most?

Oneok Inc. (NYSE: OKE) started the day on Wednesday, with a price decrease of -0.57% at $94.69, before settling in for the price of $95.23 at the close. Taking a more long-term approach, OKE posted a 52-week range of $60.58-$96.05.

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The Energy sector firm’s twelve-monthly sales growth has been 15.36% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 14.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -7.27%. This publicly-traded company’s shares outstanding now amounts to $583.09 million, simultaneously with a float of $582.83 million. The organization now has a market capitalization sitting at $55.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $87.70, while the 200-day Moving Average is $79.08.

Oneok Inc. (OKE) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Oil & Gas Midstream Industry. Oneok Inc.’s current insider ownership accounts for 0.21%, in contrast to 69.92% institutional ownership. According to the most recent insider trade that took place on Sep 05 ’24, this organization’s Director sold 3,379 shares at the rate of 92.01, making the entire transaction reach 310,902 in total value, affecting insider ownership by 0.

Oneok Inc. (OKE) Earnings and Revenue Records

Oneok Inc.’s EPS decrease for this current 12-month fiscal period is -7.27% and is forecasted to reach 5.93 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.60% through the next 5 years, which can be compared against the 14.52% growth it accomplished over the previous five years trading on the market.

Oneok Inc. (NYSE: OKE) Trading Performance Indicators

Let’s observe the current performance indicators for Oneok Inc. (OKE). It’s Quick Ratio in the last reported quarter now stands at 0.41. The Stock has managed to achieve an average true range (ATR) of 1.62. Alongside those numbers, its PE Ratio stands at $20.65, and its Beta score is 1.63. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.91. Similarly, its price to free cash flow for trailing twelve months is now 21.89.

In the same vein, OKE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.59, a figure that is expected to reach 1.28 in the next quarter, and analysts are predicting that it will be 5.93 at the market close of one year from today.

Technical Analysis of Oneok Inc. (OKE)

If we take a close look at the recent performances of Oneok Inc. (NYSE: OKE), its last 5-days Average volume was 2.99 million that shows progress from its year to date volume of 2.76 million. During the previous 9 days, stock’s Stochastic %D was recorded 87.03% While, its Average True Range was 1.60.

Raw Stochastic average of Oneok Inc. (OKE) in the period of the previous 100 days is set at 93.14%, which indicates a major rise in contrast to 80.71% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.45% that was lower than 18.26% volatility it exhibited in the past 100-days period.