Oneok Inc. (OKE) closed at $91.72, down -0.35% from the previous day, underperforming the S&P 500. However, the stock has gained 8.05% in the past month, outpacing the sector and S&P 500. Analysts expect an EPS of $1.26 and revenue of $5.85 billion in the upcoming earnings release, showing positive growth.
Investors should pay attention to analyst projections for Oneok Inc. as they impact stock prices. The Zacks Rank, ranging from #1 (Strong Buy) to #5 (Strong Sell), reflects estimate changes. With a Zacks Rank of #3 (Hold), the stock has seen a 1.6% increase in EPS estimates in the last 30 days, indicating positive sentiment.
Oneok Inc. has a Forward P/E ratio of 18.14, higher than the industry average of 12.03. Its PEG ratio of 4.56 is also above the industry average of 1.47. The Oils-Energy sector, including the Oil and Gas – Production Pipeline – MLB industry, ranks in the top 25% of all industries according to Zacks Industry Rank.
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Read more at Nasdaq: Oneok Inc. (OKE) Stock Sinks As Market Gains: Here’s Why
