Oneok Inc (OKE) is gearing up for another turning point as it hit the volume of 3.15 million

On Friday, Oneok Inc (NYSE: OKE) was -3.63% drop from the session before settling in for the closing price of $96.88. A 52-week range for OKE has been $63.33 – $98.43.

Energy Sector giant saw their annual sales surged by 15.36% over the last five years. When this article was written, the company’s average yearly earnings per share was at -6.83%. With a float of $582.93 million, this company’s outstanding shares have now reached $583.09 million.

The firm has a total of 4775 workers. Let’s measure their productivity. In terms of profitability, gross margin is 27.27%, operating margin of 23.44%, and the pretax margin is 17.52%.

Oneok Inc (OKE) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Oneok Inc stocks. The insider ownership of Oneok Inc is 0.21%, while institutional ownership is 70.11%. 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

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.18 earnings per share (EPS) during the time that was less than consensus figure (set at 1.2) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.49 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -6.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.09% during the next five years compared to 14.52% growth over the previous five years of trading.

Oneok Inc (NYSE: OKE) Trading Performance Indicators

You can see what Oneok Inc (OKE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64. Likewise, its price to free cash flow for the trailing twelve months is 18.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.78, a number that is poised to hit 1.44 in the next quarter and is forecasted to reach 5.93 in one year’s time.

Technical Analysis of Oneok Inc (OKE)

Analysing the last 5-days average volume posted by the [Oneok Inc, OKE], we can find that recorded value of 3.18 million was better than the volume posted last year of 2.74 million. As of the previous 9 days, the stock’s Stochastic %D was 33.40%. Additionally, its Average True Range was 1.88.

During the past 100 days, Oneok Inc’s (OKE) raw stochastic average was set at 76.45%, which indicates a significant increase from 9.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.98% in the past 14 days, which was lower than the 21.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $93.57, while its 200-day Moving Average is $82.50. Now, the first resistance to watch is $95.76. This is followed by the second major resistance level at $98.16. The third major resistance level sits at $99.62. If the price goes on to break the first support level at $91.89, it is likely to go to the next support level at $90.43. Should the price break the second support level, the third support level stands at $88.03.

Oneok Inc (NYSE: OKE) Key Stats

There are 584,184K outstanding shares of the company, which has a market capitalization of 52.56 billion. As of now, sales total 17,677 M while income totals 2,659 M. Its latest quarter income was 4,894 M while its last quarter net income were 780,000 K.