Why EQT Corporation Is a Solid Growth Stock; Here Are Some Reasons. 

EQT Corporation NYSE:EQT

EQT Corporation is a natural gas producer in the United States.

EQT Corporation (NYSE:EQT)

Taking full advantage of the stock market and investing with confidence are common objectives for both novice and experienced investors.

With the Zacks Style Scores, a special set of rules that ranks stocks according to well-liked investing methodologies, including value, growth, and momentum, achieving those objectives is made simpler. The Style Scores can help you focus on the stocks that are best for your portfolio and those that have a long history of outperforming the market.

Why You Should Put This One Growth Stock On Your Watchlist

Growth-oriented investors are more interested in a stock’s future prospects and the company’s overall financial health and strength than value or momentum investors are. They should therefore concentrate on the Growth Style Score, which identifies firms that will see long-term, sustainable growth by examining factors including historical and forecast earnings, sales, and cash flow.

EQT Corporation

EQT Corporation (NYSE:EQT), based in Pittsburgh, Pennsylvania, focuses largely on the Appalachian Basin in Ohio, Pennsylvania, and West Virginia as a natural gas explorer and producer. The basin has made a significant contribution to the rise in American natural gas output. Notably, EQT Corp. is the biggest natural gas producer in the domestic market based on average daily sales volumes.

EQT has a Growth Style Score of B and a VGM Score of B, earning it a Zacks Rank #1 (Strong Buy) for stocks. With revenues forecast to increase by 37.5% this fiscal year, earnings are anticipated to increase by 323.9% from last year.

For fiscal 2022, 10 analysts have increased their earnings estimates in the past 60 days. The $0.85 to $3.90 per share increase in the Zacks Consensus Estimate. The average earnings surprise for EQT is 75.2%.

In terms of cash flow, EQT Corporation is anticipated to post a cash flow increase of 45.4% this year; over the previous three to five years, EQT generated cash flow growth of 18.5%. Due to its high growth and VGM Style Scores, remarkable growth metrics, and strong Zacks Rank rating, investors should take the time to explore EQT for their portfolios.

EQT Free stock analysis report

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About the author: I'm a financial freelance writer keen on the latest market developments which i articulate with writing stock updates, press releases and investor news. As a person i live by the code of a sustainable human existence and a carbon neutral universe. When off work, i spend time reading non-fiction books, flying drones, and outdoor cycling.