Equitrans Midstream Corporation[ETRN] stock saw a move by -0.28% on Thursday, touching 708783. Based on the recent volume, Equitrans Midstream Corporation stock traders appear to be active. The most recent trading volume of ETRN shares recorded 254.95M shares, which represents the daily volume of traded shares. Analysts estimates state that Equitrans Midstream Corporation [ETRN] stock could reach median target price of $17.00.

Equitrans Midstream Corporation [ETRN] stock additionally went down by -11.45% in the period of the 7 days, recording a drop in performance by -24.74% in the last 30 days. The yearly more of ETRN stock is set at -44.65% by far, with shares price recording returns by -19.29% in the latest quarter. Over the past six months, ETRN shares showcased -50.45% decrease. ETRN saw -53.60% change opposing the low price in the last 12 months, also recording 0.37% compared to high within the same period of time.

Equitrans Midstream Corporation [NYSE:ETRN]: Analyst Rating and Earnings

Its stock price has been found in the range of 10.85 to 23.47. This is compared to its latest closing price of $10.92.

Pay attention to the next-scheduled financial results for this company to be released, which is slated for Thu 13 Feb (In 91 Days).

Fundamental Analysis of Equitrans Midstream Corporation [ETRN]

Now let’s turn to look at profitability: with a current Operating Margin for Equitrans Midstream Corporation [ETRN] sitting at +66.25 and its Gross Margin at +74.55, this company’s Net Margin is now 1.10%. 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 11.24, and its Return on Invested Capital has reached 11.10%. Its Return on Equity is 27.27, and its Return on Assets is 2.32. These metrics suggest that this Equitrans Midstream Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

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Turning to investigate this organization’s capital structure, Equitrans Midstream Corporation [ETRN] has generated a Total Debt to Total Equity ratio of 1,019.29. Similarly, its Total Debt to Total Capital is 91.07, while its Total Debt to Total Assets stands at 44.34. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 8.12, and its Long-Term Debt to Total Capital is 1,017.98.

What about valuation? This company’s Enterprise Value to EBITDA is 6.21 and its Total Debt to EBITDA Value is 3.86. The Enterprise Value to Sales for this firm is now 4.72, and its Total Debt to Enterprise Value stands at 0.33. Equitrans Midstream Corporation [ETRN] has a Price to Book Ratio of 11.12, a Price to Cash Flow Ratio of 7.07 and P/E Ratio of 166.18. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.

Shifting the focus to workforce efficiency, Equitrans Midstream Corporation [ETRN] earns $1,941,686 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.30 and its Total Asset Turnover is 0.16. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.04 and its Current Ratio is 1.04. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

Equitrans Midstream Corporation [ETRN] has 254.95M shares outstanding, amounting to a total market cap of $2.78B. Its stock price has been found in the range of 10.85 to 23.47. At its current price, it has moved down by -53.60% from its 52-week high, and it has moved up 0.37% from its 52-week low.

This stock’s Relative Strength Index (RSI) is at 19.04. This stock, according to these metrics, is currently Oversold.

Conclusion: Is Equitrans Midstream Corporation [ETRN] a Reliable Buy?

Equitrans Midstream Corporation [ETRN] 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.