ONEOK, Inc. (NYSE:OKE) was downgraded by analysts at
Jefferies Group from a “buy” rating to a “hold” rating in a research note
issued to investors on Wednesday, The Fly reports.
ONEOK (NYSE:OKE) opened at 45.76 on Wednesday. The company
has a market cap of $9.61 billion and a PE ratio of 36.12. The stock has a 50
day moving average of $39.84 and a 200 day moving average of $29.00. ONEOK has
a 52 week low of $18.84 and a 52 week high of $46.06.
ONEOK (NYSE:OKE) last announced its quarterly earnings data
on Tuesday, May 3rd. The company reported $0.40 earnings per share (EPS) for
the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by $0.01.
During the same quarter in the prior year, the firm earned $0.29 EPS. Equities
research analysts predict that ONEOK will post $1.76 EPS for the current fiscal
year.
Source: American Banking and Market News