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The closing price of Energy Transfer LP (NYSE: ET) was $16.12 for the day, up 0.19% from the previous closing price of $16.09. In other words, the price has increased by $0.19 from its previous closing price. On the day, 12.43 million shares were traded. ET stock price reached its highest trading level at $16.28 during the session, while it also had its lowest trading level at $16.03.
Ratios:
Our analysis of ET’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.47.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 12 ’23 when MCCREA MARSHALL S III bought 50,000 shares for $13.19 per share. The transaction valued at 659,500 led to the insider holds 7,272,754 shares of the business.
Mason Thomas P bought 8,000 shares of ET for $105,360 on Nov 13 ’23. The EVP & Pres. LNG now owns 1,715,720 shares after completing the transaction at $13.17 per share. On Nov 09 ’23, another insider, Whitehurst Bradford D., who serves as the EVP of the company, bought 10,000 shares for $13.10 each. As a result, the insider paid 131,000 and bolstered with 1,323,055 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 54346326016 and an Enterprise Value of 120762777600. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.83, and their Forward P/E ratio for the next fiscal year is 10.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 1.79. Its current Enterprise Value per Revenue stands at 1.487 whereas that against EBITDA is 9.146.
Stock Price History:
Over the past 52 weeks, ET has reached a high of $16.48, while it has fallen to a 52-week low of $12.46. The 50-Day Moving Average of the stock is 2.10%, while the 200-Day Moving Average is calculated to be 10.13%.
Shares Statistics:
ET traded an average of 11.14M shares per day over the past three months and 9930440 shares per day over the past ten days. A total of 3.37B shares are outstanding, with a floating share count of 2.88B. Insiders hold about 14.54% of the company’s shares, while institutions hold 29.35% stake in the company. Shares short for ET as of 1718323200 were 39869550 with a Short Ratio of 3.58, compared to 1715731200 on 35346380. Therefore, it implies a Short% of Shares Outstanding of 39869550 and a Short% of Float of 1.3200001.
Dividends & Splits
With its trailing 12-month dividend rate of 1.255, ET has a forward annual dividend rate of 1.25. Against a Trailing Annual Dividend Yield of 0.07799876The stock’s 5-year Average Dividend Yield is 10.04.
