Equinor ASA's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 48 out of 120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 22.40.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Equinor ASA is 7.14, ranking 70 out of 120 in the Oil & Gas industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 26.02B, representing a year-over-year increase of 2.36%, while its net profit experienced a year-over-year increase of 109.20%.
Key Metrics
The current valuation score of Equinor ASA is 8.72, ranking 15 out of 120 in the Oil & Gas industry. Its current P/E ratio is 12.50, which is 0.00% below the recent high of 12.50 and 78.30% above the recent low of 2.71.
The current earnings forecast score of Equinor ASA is 5.67, ranking 93 out of 120 in the Oil & Gas industry. The average price target is 22.25, with a high of 26.00 and a low of 20.80.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Equinor ASA is 9.30, ranking 35 out of 120 in the Oil & Gas industry. Currently, the stock price is trading between the resistance level at 28.65 and the support level at 24.01, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Equinor ASA is 3.00, ranking 70 out of 120 in the Oil & Gas industry. The latest institutional shareholding proportion is 7.91%, representing a quarter-over-quarter decrease of 0.47%. The largest institutional shareholder is Ken Fisher, holding a total of 1.83M shares, representing 0.07% of shares outstanding, with 134.19% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Equinor ASA is 9.11, ranking 11 out of 120 in the Oil & Gas industry. The company's beta value is 0.33. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
