Deeper Dive: Understanding Equitrans Midstream Corporation (ETRN) Through its Various Ratios

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The price of Equitrans Midstream Corporation (NYSE: ETRN) closed at $14.20 in the last session, up 0.64% from day before closing price of $14.11. In other words, the price has increased by $0.64 from its previous closing price. On the day, 4.49 million shares were traded. ETRN stock price reached its highest trading level at $14.29 during the session, while it also had its lowest trading level at $14.03.


We take a closer look at ETRN’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 120.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.75. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 4.43 whereas as Long-Term Debt/Eq ratio is at 4.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 14, 2023, Downgraded its rating to Underweight and sets its target price to $10 from $9 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETRN now has a Market Capitalization of 6157985792 and an Enterprise Value of 21194018816. As of this moment, Equitrans’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.82, and their Forward P/E ratio for the next fiscal year is 13.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.46 while its Price-to-Book (P/B) ratio in mrq is 5.72. Its current Enterprise Value per Revenue stands at 15.337 whereas that against EBITDA is 21.142.

Stock Price History:

Over the past 52 weeks, ETRN has reached a high of $14.60, while it has fallen to a 52-week low of $8.44. The 50-Day Moving Average of the stock is 7.41%, while the 200-Day Moving Average is calculated to be 32.30%.

Shares Statistics:

According to the various share statistics, ETRN traded on average about 7.94M shares per day over the past 3-months and 8747660 shares per day over the past 10 days. A total of 433.50M shares are outstanding, with a floating share count of 431.18M. Insiders hold about 0.57% of the company’s shares, while institutions hold 86.63% stake in the company. Shares short for ETRN as of 1715731200 were 11188195 with a Short Ratio of 1.41, compared to 1713139200 on 8495099. Therefore, it implies a Short% of Shares Outstanding of 11188195 and a Short% of Float of 3.4000000000000004.

Dividends & Splits

The forward annual dividend rate for ETRN is 0.60, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.042523038The stock’s 5-year Average Dividend Yield is 9.75.

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