Energy Transfer LP [NYSE:ET]: Analyst Rating and Earnings
Pro stock traders frequently make sure to pay attention what expert market analysts are saying about a potential stock buy. Regarding Energy Transfer LP [ET] right now, the most recent ratings from Wall St. analysts that we can see right now is regarding the quarter that’s slated to end in December. On average, stock market experts give ET an Outperform rating. Its stock price has been found in the range of 11.68 to 19.19. This is compared to its latest closing price of $15.34.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Energy Transfer LP [ET] is sitting at 1.58. This is compared to 1 month ago, when its average rating was 1.63.
For the quarter ending in Dec-18 Energy Transfer LP [ET] generated $13.57 billion in sales. That’s 4.63% lower than the average estimate of $14.23 billion as provided by Wall Street analysts. The three indicators above suggest that on the whole, this stock is not presenting an attractive investment option, as there are too many red flags that don’t point to a high-value ROI.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Wed 8 May (In 19 Days).
Fundamental Analysis of Energy Transfer LP [ET]
Now let’s turn to look at profitability: with a current Operating Margin for Energy Transfer LP [ET] sitting at +10.82 and its Gross Margin at +12.12, this company’s Net Margin is now 3.10%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 7.73, and its Return on Invested Capital has reached 7.90%. Its Return on Equity is 20.20, and its Return on Assets is 2.22. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates ET financial performance.
Turning to investigate this organization’s capital structure, Energy Transfer LP [ET] has generated a Total Debt to Total Equity ratio of 223.83. Similarly, its Total Debt to Total Capital is 69.12, while its Total Debt to Total Assets stands at 51.63. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 210.92, and its Long-Term Debt to Total Capital is 65.13. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 9.96 and its Total Debt to EBITDA Value is 5.28. The Enterprise Value to Sales for this firm is now 1.60, and its Total Debt to Enterprise Value stands at 0.61. Energy Transfer LP [ET] has a Price to Book Ratio of 1.68, a Price to Cash Flow Ratio of 2.55 and P/E Ratio of 12.98. These metrics all suggest that Energy Transfer LP is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Energy Transfer LP [ET] earns $4,596,108 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 12.17 and its Total Asset Turnover is 0.61. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.53 and its Current Ratio is 0.73. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Energy Transfer LP [ET] has 2.58B shares outstanding, amounting to a total market cap of $39.49B. Its stock price has been found in the range of 11.68 to 19.19. At its current price, it has moved by -20.38% from its 52-week high, and it has moved 30.82% from its 52-week low.
This stock’s Beta value is currently 1.74, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 43.58. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Energy Transfer LP [ET] a Reliable Buy?
Energy Transfer LP [ET] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.