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The price of Energy Transfer LP (NYSE: ET) closed at $15.58 in the last session, up 0.19% from day before closing price of $15.55. In other words, the price has increased by $0.19 from its previous closing price. On the day, 20.1 million shares were traded. ET stock price reached its highest trading level at $15.6275 during the session, while it also had its lowest trading level at $15.325.
Ratios:
We take a closer look at ET’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 78.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 1.70 whereas as Long-Term Debt/Eq ratio is at 1.69.
On December 09, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $16.Citigroup initiated its Buy rating on December 09, 2022, with a $16 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when WARREN KELCY L bought 3,000,000 shares for $15.68 per share. The transaction valued at 47,040,000 led to the insider holds 123,385,650 shares of the business.
Long Thomas E bought 20,000 shares of ET for $313,600 on Aug 12 ’24. The Co-CEO now owns 4,308,859 shares after completing the transaction at $15.68 per share. On Dec 12 ’23, another insider, MCCREA MARSHALL S III, who serves as the Co-CEO of the company, bought 50,000 shares for $13.19 each. As a result, the insider paid 659,500 and bolstered with 7,272,754 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ET now has a Market Capitalization of 53318344704 and an Enterprise Value of 126527406080. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.18, and their Forward P/E ratio for the next fiscal year is 9.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 1.513 whereas that against EBITDA is 9.13.
Stock Price History:
Over the past 52 weeks, ET has reached a high of $16.50, while it has fallen to a 52-week low of $12.46. The 50-Day Moving Average of the stock is -2.22%, while the 200-Day Moving Average is calculated to be 4.36%.
Shares Statistics:
According to the various share statistics, ET traded on average about 15.07M shares per day over the past 3-months and 23938750 shares per day over the past 10 days. A total of 3.37B shares are outstanding, with a floating share count of 2.93B. Insiders hold about 14.38% of the company’s shares, while institutions hold 29.26% stake in the company. Shares short for ET as of 1722384000 were 34862689 with a Short Ratio of 2.31, compared to 1719532800 on 35455123. Therefore, it implies a Short% of Shares Outstanding of 34862689 and a Short% of Float of 1.15.
Dividends & Splits
The forward annual dividend rate for ET is 1.26, which was 1.265 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.08135048The stock’s 5-year Average Dividend Yield is 10.02.
