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Energy Transfer LP (NYSE: ET) closed the day trading at $16.36 down -0.18% from the previous closing price of $16.39. In other words, the price has decreased by -$0.18 from its previous closing price. On the day, 19.75 million shares were traded. ET stock price reached its highest trading level at $16.45 during the session, while it also had its lowest trading level at $16.31.
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 27.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.93. 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:
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 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 55155449856 and an Enterprise Value of 121571581952. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.05, and their Forward P/E ratio for the next fiscal year is 10.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 1.497 whereas that against EBITDA is 9.207.
Stock Price History:
The Beta on a monthly basis for ET is 1.65, which has changed by 0.24127471 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. 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 3.32%, while the 200-Day Moving Average is calculated to be 11.31%.
Shares Statistics:
Over the past 3-months, ET traded about 11.32M shares per day on average, while over the past 10 days, ET traded about 12282860 shares per day. 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 29.36% stake in the company. Shares short for ET as of 1719532800 were 35455123 with a Short Ratio of 3.13, compared to 1717113600 on 39194436. Therefore, it implies a Short% of Shares Outstanding of 35455123 and a Short% of Float of 1.17.
Dividends & Splits
ET’s forward annual dividend rate is 1.26, up from 1.255 a year ago. Against a Trailing Annual Dividend Yield of 0.076571085The stock’s 5-year Average Dividend Yield is 10.04. The current Payout Ratio is 113.15% for ET, which recently paid a dividend on 2024-05-10 with an ex-dividend date of 1715299200. Stock splits for the company last occurred on 2015-07-27 when the company split stock in a 2:1 ratio.
