What Are the Fundamentals Of EQNR?

By Ken Smith • Wednesday, January 04 12:00 • Permanent Link

Equinor ASA logged a -2.8% change during today's morning session, and is now trading at a price of $31.68 per share. The S&P 500 index moved 1.2%. EQNR's trading volume is 2,658,443 compared to the stock's average volume of 2,885,995.

Equinor trades -15.35% away from its average analyst target price of $37.43 per share. The 2 analysts following the stock have set target prices ranging from $32 to $42.86, and on average have given Equinor a rating of buy.

Anyone interested in buying EQNR should be aware of the facts below:

Equinor's current price is 156.5% above its Graham number of $12.35, which implies that at its current valuation it does not offer a margin of safety
Equinor has moved 18.8% over the last year, and the S&P 500 logged a change of -18.6%
Based on its trailing earning per share of 6.87, Equinor has a trailing 12 month Price to Earnings (P/E) ratio of 4.6 while the S&P 500 average is 15.97
EQNR has a forward P/E ratio of 5.5 based on its forward 12 month price to earnings (Eps) of $5.77 per share
The company has a price to earnings growth (PEG) ratio of 0.85 — a number near or below 1 signifying that Equinor is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 2.3 compared to its sector average of 1.45
Equinor, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products, and other forms of energy in Norway and internationally.
Based in Stavanger, the company has 21,126 full time employees and a market cap of $107,910,873,088. Equinor currently returns an annual dividend yield of 2.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.