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Key Takeaways
- ONEOK Inc. (OKE) experienced a trading session decline of -1.65%, underperforming the broader market indices.
- Over the past month, OKE shares have seen a 5.01% decrease.
- Analysts anticipate ONEOK Inc. to report earnings of $1.45 per share for the upcoming quarter, with revenue expected at $9.42 billion.
- For the full fiscal year, estimated earnings are $5.41 per share and revenue is projected at $35.86 billion.
- ONEOK Inc. currently holds a Zacks Rank of #4 (Sell), indicating potential downside.
- The company’s stock is trading at a premium valuation compared to its industry peers based on Forward P/E and PEG ratios.
ONEOK Inc. Stock Performance Overview
ONEOK Inc. (OKE) concluded its latest trading session at $68.61, a decline of -1.65% from the previous day. This performance lagged behind the S&P 500’s daily gain of 0.79%, as well as the Dow’s 1.01% rise and the Nasdaq’s 1.15% increase.
Looking at a broader timeframe, the natural gas company’s shares have depreciated by 5.01% over the last month. This performance falls short of both the broader Oils-Energy sector’s 0.47% loss and the S&P 500’s gain of 1.27% during the same period.
Upcoming Earnings and Analyst Projections
Investors are keenly awaiting ONEOK Inc.’s forthcoming earnings release, scheduled for October 28, 2025. Consensus estimates from analysts suggest the company will report earnings per share of $1.45. This figure represents a significant year-over-year growth of 22.88%.
Concurrently, the most recent consensus revenue estimate stands at $9.42 billion. This projection indicates a substantial upward movement of 87.52% compared to the same quarter in the prior year.
For the full fiscal year, the Zacks Consensus Estimates project earnings of $5.41 per share and revenue of $35.86 billion. These estimates suggest year-over-year increases of 4.64% and 65.28%, respectively.
Analyst Estimate Revisions and Zacks Rank
Monitoring recent changes to analyst estimates for ONEOK Inc. is crucial for investors. These revisions offer insights into the evolving near-term business trends and can signal analyst optimism or pessimism regarding the company’s performance and profitability.
💰 Empirical research indicates a direct correlation between estimate revisions and subsequent stock price movements. To leverage this insight, Zacks has developed the Zacks Rank, a proprietary rating system that incorporates these estimate changes.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). This system boasts an impressive, independently audited track record, with #1 ranked stocks historically delivering an average annual return of +25% since 1988.
📍 Currently, ONEOK Inc. holds a Zacks Rank of #4 (Sell). This is alongside a recent 0.66% decrease in the Zacks Consensus EPS estimate over the past 30 days.
Valuation Analysis: Forward P/E and PEG Ratios
From a valuation standpoint, ONEOK Inc. is trading at a Forward P/E ratio of 12.9. This places OKE at a premium when compared to its industry’s average Forward P/E of 11.78.
📊 Additionally, ONEOK Inc. presents a PEG ratio of 2.72. While similar to the P/E ratio, the PEG ratio also incorporates a company’s projected earnings growth. In comparison, the Oil and Gas – Production Pipeline – MLB industry, a segment within the broader Oils-Energy sector, recorded an average PEG ratio of 1.61 at the close of the previous trading day.
Industry Performance and Zacks Industry Rank
The Oil and Gas – Production Pipeline – MLB industry falls under the larger Oils-Energy sector. This specific industry currently holds a Zacks Industry Rank of 208 out of 250+ industries, positioning it in the bottom 16%.
⚡ The Zacks Industry Rank assesses the strength of industry groups by averaging the Zacks Rank of the individual stocks within them. Research indicates that industries in the top 50% outperform those in the bottom half by a ratio of 2 to 1.
Expert Summary
ONEOK Inc. (OKE) has recently underperformed market benchmarks, with a notable decrease in share price over the past month. While future earnings projections appear positive, the current Zacks Rank of #4 (Sell) and premium valuation metrics warrant careful consideration from investors.
The company’s industry group also ranks in the lower echelon of Zacks Industry performance, suggesting potential headwinds.
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