During the recent session, Equinor ASA ADR (NYSE:EQNR)’s traded shares were 2.64 million, with the beta value of the company hitting 0.83. At the last check today, the stock’s price was $24.90, reflecting an intraday loss of -0.88% or -$0.22. The 52-week high for the EQNR share is $32.49, that puts it down -30.48 from that peak though still a striking 4.26% gain since the share price plummeted to a 52-week low of $23.84. The company’s market capitalization is $68.09B, and the average intraday trading volume over the past 10 days was 2.85 million shares, and the average trade volume was 2.76 million shares over the past three months.

Equinor ASA ADR (EQNR) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.50. EQNR has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.78.

Equinor ASA ADR (NYSE:EQNR) trade information

Equinor ASA ADR (EQNR) registered a -0.88% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.88% in intraday trading to $24.90, hitting a weekly high. The stock’s 5-day price performance is 0.28%, and it has moved by -7.85% in 30 days. Based on these gigs, the overall price performance for the year is -19.22%. The short interest in Equinor ASA ADR (NYSE:EQNR) is 13.69 million shares and it means that shorts have 5.02 day(s) to cover.

The consensus price target of analysts on Wall Street is $82.5, which implies an increase of 69.82% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $82.5 and $82.5 respectively. As a result, EQNR is trading at a discount of -231.33% off the target high and -231.33% off the low.

Equinor ASA ADR (EQNR) estimates and forecasts

Statistics show that Equinor ASA ADR has outperformed its competitors in share price, compared to the industry in which it operates. Equinor ASA ADR (EQNR) shares have gone down -4.82% during the last six months, with a year-to-date growth rate more than the industry average at -2.92% against -10.80. In the rating firms’ projections, revenue will decrease -14.90% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 26.25B as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 26.52B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 26.02B and 28.48B respectively. In this case, analysts expect current quarter sales to grow by 0.90% and then drop by -6.90% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 11.67%. While earnings are projected to return -1.74% in 2024, the next five years will return 2.20% per annum.

EQNR Dividends

Equinor ASA ADR is due to release its next quarterly earnings on 2024-Oct-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Equinor ASA ADR is 1.27, with the dividend yield indicating at 5.12 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 3.73%.

The next largest institutional holding, with 15.67 million shares, is of FMR LLC’s that is approximately 0.5333% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $447.45 million.