In today’s recent session, 1.37 million shares of the Equinor ASA ADR (NYSE:EQNR) have been traded, and its beta is 0.55. Most recently the company’s share price was $27.72, and it changed around -$0.36 or -1.28% from the last close, which brings the market valuation of the company to $75.80B. EQNR at last check was trading at a discount to its 52-week high of $28.26, offering almost -1.95% off that amount. The share price’s 52-week low was $21.41, which indicates that the recent value has risen by an impressive 22.76% since then. We note from Equinor ASA ADR’s average daily trading volume that its 10-day average is 3.41 million shares, with the 3-month average coming to 3.92 million.
Equinor ASA ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.57. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended EQNR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Equinor ASA ADR is expected to report earnings per share of 0 for the current quarter.
Equinor ASA ADR (NYSE:EQNR) trade information
Instantly EQNR has been showing red trend so far today with a performance of -1.28% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 28.26 on recent trading dayincreased the stock’s daily price by 1.91%. The company’s shares are currently up 18.79% year-to-date, but still up 6.94% over the last five days. On the other hand, Equinor ASA ADR (NYSE:EQNR) is 19.95% up in the 30-day period. We can see from the shorts that 22.56 million shares have been sold at a short interest cover period of 5.29 day(s).
The consensus price target as assigned by Wall Street analysts is $82.5, which translates to bulls needing to increase their stock price by 66.4% from its current value. Analyst projections state that EQNR is forecast to be at a low of $82.5 and a high of $82.5.
Equinor ASA ADR (EQNR) estimates and forecasts
The year-over-year growth rate is expected to be -0.61%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 23.88B in revenue for the current quarter. 6 analysts expect Equinor ASA ADR to make 23.2B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 25.54B and 25.45B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -6.50%. Forecasts for the next quarter put sales growth at -8.81%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 41.31%. Equinor ASA ADR earnings are expected to increase by -8.27% in 2025, but the outlook is negative -0.41% per year for the next five years.
EQNR Dividends
Equinor ASA ADR’s next quarterly earnings report is expected to be released on 2025-Apr-30. The annual dividend yield of the stock is 5.07 percent and its annual dividend per share was 1.40. It is important to note, however, that the 5.07% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.64 per year.
Equinor ASA ADR (NYSE:EQNR)’s Major holders
Upon looking at major shareholders, 6.76% of them are in the hands of institutional investors. The stock currently has a share float of 6.76%. Equinor ASA ADR stock is held by 399.0 institutions, with FOLKETRYGDFONDET being the largest institutional investor. By 2024-06-30, it held 3.9011% of the shares, which is about 111.18 million shares worth $3.18 billion.
FMR LLC, with 0.5497% or 15.67 million shares worth $447.45 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
