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Stock impact report

A Look At ONEOK (OKE) Valuation After Recent Share Price Weakness [Yahoo! Finance]

ONEOK, Inc. (OKE) 
Last oneok, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
See our latest analysis for ONEOK. Looking beyond the recent softness, ONEOK's 1 year total shareholder return of a 27.62% decline contrasts with its 3 year total shareholder return of 18.10% and 5 year total shareholder return of 116.53%. This suggests momentum has faded after a stronger multi year run. If ONEOK's recent pullback has you reassessing your watchlist, it could be a useful moment to size up aerospace and defense stocks as another corner of the market to research. With revenue at US$31.6b, net income of US$3.3b, and the share price trading below some analyst targets and certain intrinsic estimates, you have to ask: is ONEOK on sale or is the market already pricing in future growth? With ONEOK closing at US$70.72 against a narrative fair value of about US$88.63, the valuation story hinges on how future earnings power is assessed. Recent tax legislation changes lowering projected cash taxes until 2028, combined with growing free cash flow and reduced leverage, im Show less Read more
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