Equinor – Assessing Fundamentals Beyond Technical Analysis

By Ken Smith • Monday, October 20 15:30 • Permanent Link

Large-cap Energy company Equinor has moved 0.1% so far today on a volume of 2,276,697, compared to its average of 3,843,375. In contrast, the S&P 500 index moved 1.0%.

Equinor trades -4.94% away from its average analyst target price of $24.34 per share. The 6 analysts following the stock have set target prices ranging from $22.0 to $27.2, and on average have given Equinor a rating of hold.

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

Equinor's current price is -27.1% below its Graham number of $31.73, which implies the stock has a margin of safety
Equinor has moved -5.0% over the last year, and the S&P 500 logged a change of 13.8%
Based on its trailing earnings per share of 3.02, Equinor has a trailing 12 month Price to Earnings (P/E) ratio of 7.7 while the S&P 500 average is 29.3
EQNR has a forward P/E ratio of 8.1 based on its forward 12 month price to earnings (EPS) of $2.87 per share
Its Price to Book (P/B) ratio is 1.45 compared to its sector average of 1.6
Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally.
Based in Stavanger, the company has 24,126 full time employees and a market cap of $58.35 Billion. Equinor currently returns an annual dividend yield of 6.3%.

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.