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ONEOK INC Receives Strong Rating in P/E/Growth Investor Model

ONEOK INC earns a 72% rating from top investment strategies, showcasing solid fundamentals despite some concerns. Investors may see value in OKE as it stands out in the Oil & Gas industry.

Date: 
AI Rating:   6

Overview of ONEOK INC Analysis

According to the report, ONEOK INC has received a rating of 72% using the P/E/Growth Investor model, which is based on fundamental performance and the stock's valuation. A score of above 80% suggests significant interest, while 90% indicates strong interest.

The report indicates that the stock successfully meets several critical tests associated with the strategy's criteria, which includes:

  • P/E/Growth Ratio: PASS
  • Sales and P/E Ratio: PASS
  • Inventory to Sales: PASS
  • EPS Growth Rate: PASS

These factors highlight that the company has positive attributes when it comes to growth potential and profitability as measured by earnings growth.

Debt Consideration

However, the report notes one significant weakness: the Total Debt/Equity Ratio, which received a FAIL rating. This indicates potential concerns regarding the overall financial leverage of the company, suggesting that it may not have a balanced capital structure.

Neutral Indicators

Additionally, the report indicates that Free Cash Flow and Net Cash Position are marked as NEUTRAL, suggesting that these areas do not necessarily pose risks but may not contribute positively to the overall assessment either.