Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Energy Transfer LP (NYSE: ET) closed the day trading at $16.19 down -2.88% from the previous closing price of $16.67. In other words, the price has decreased by -$2.88 from its previous closing price. On the day, 19.0 million shares were traded.
Ratios:
For a better understanding of ET, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 173.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.49. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.72.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 23 ’24 when McIlwain Gregory G. bought 20,000 shares for $15.68 per share. The transaction valued at 313,600 led to the insider holds 591,211 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 Aug 12 ’24, another insider, WARREN KELCY L, who serves as the Director of the company, bought 3,000,000 shares for $15.68 each. As a result, the insider paid 47,040,000 and bolstered with 123,385,650 shares of the company.
Valuation Measures:
As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.59, and their Forward P/E ratio for the next fiscal year is 10.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.61. 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 1.78.
Stock Price History:
Over the past 52 weeks, ET has reached a high of $21.45, while it has fallen to a 52-week low of $14.60. The 50-Day Moving Average of the stock is -8.98%, while the 200-Day Moving Average is calculated to be -8.60%.
Shares Statistics:
A total of 3.43B shares are outstanding, with a floating share count of 3.11B. Insiders hold about 9.40% of the company’s shares, while institutions hold 31.51% stake in the company.
