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In the latest session, Energy Transfer LP (NYSE: ET) closed at $16.02 down -0.25% from its previous closing price of $16.06. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 11.52 million shares were traded. ET stock price reached its highest trading level at $16.1401 during the session, while it also had its lowest trading level at $15.98.
Ratios:
For a deeper understanding of Energy Transfer LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 80.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.05. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 12 ’24 when Long Thomas E bought 20,000 shares for $15.68 per share. The transaction valued at 313,600 led to the insider holds 4,308,859 shares of the business.
WARREN KELCY L bought 3,000,000 shares of ET for $47,040,000 on Aug 12 ’24. The Director now owns 123,385,650 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 54824124416 and an Enterprise Value of 128033185792. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.55, and their Forward P/E ratio for the next fiscal year is 10.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.531 whereas that against EBITDA is 9.238.
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 $12.89. The 50-Day Moving Average of the stock is 0.10%, while the 200-Day Moving Average is calculated to be 6.73%.
Shares Statistics:
For the past three months, ET has traded an average of 15.65M shares per day and 21074480 over the past ten days. A total of 3.37B shares are outstanding, with a floating share count of 2.93B. Insiders hold about 14.50% of the company’s shares, while institutions hold 28.96% stake in the company. Shares short for ET as of 1722384000 were 34862689 with a Short Ratio of 2.23, 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
According to the company, the forward annual dividend rate for ET is 1.26, from 1.265 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07876713The stock’s 5-year Average Dividend Yield is 10.02.
Earnings Estimates
Energy Transfer LP (ET) is currently under the scrutiny of 7.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.36, with high estimates of $0.45 and low estimates of $0.28.
Analysts are recommending an EPS of between $1.63 and $1.1 for the fiscal current year, implying an average EPS of $1.39. EPS for the following year is $1.59, with 8.0 analysts recommending between $2.0 and $1.17.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $23.47B this quarter.It ranges from a high estimate of $24.75B to a low estimate of $22.23B. As of the current estimate, Energy Transfer LP’s year-ago sales were $20.33BFor the next quarter, 4 analysts are estimating revenue of $23.9B. There is a high estimate of $25.23B for the next quarter, whereas the lowest estimate is $22.76B.
A total of 7 analysts have provided revenue estimates for ET’s current fiscal year. The highest revenue estimate was $92.34B, while the lowest revenue estimate was $75.27B, resulting in an average revenue estimate of $87.32B. In the same quarter a year ago, actual revenue was $78.59BBased on 7 analysts’ estimates, the company’s revenue will be $93.4B in the next fiscal year. The high estimate is $105.25B and the low estimate is $82.66B.
