Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Energy Transfer LP (NYSE: ET) closed at $16.13 down -0.31% from its previous closing price of $16.18. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 36.16 million shares were traded. ET stock price reached its highest trading level at $16.315 during the session, while it also had its lowest trading level at $16.1.
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 27.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.82. 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:
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 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 54380838912 and an Enterprise Value of 120796479488. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.84, and their Forward P/E ratio for the next fiscal year is 10.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. 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 9.148.
Stock Price History:
The Beta on a monthly basis for ET is 1.65, which has changed by 0.21735847 over the last 52 weeks, in comparison to a change of 0.17829525 over the same period for the S&P500. Over the past 52 weeks, ET has reached a high of $16.50, while it has fallen to a 52-week low of $12.46. The 50-Day Moving Average of the stock is 1.62%, while the 200-Day Moving Average is calculated to be 9.07%.
Shares Statistics:
For the past three months, ET has traded an average of 12.54M shares per day and 23502200 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 29.59% stake in the company. Shares short for ET as of 1721001600 were 36189678 with a Short Ratio of 2.89, compared to 1718323200 on 39869550. Therefore, it implies a Short% of Shares Outstanding of 36189678 and a Short% of Float of 1.1900000000000002.
Dividends & Splits
According to the company, the forward annual dividend rate for ET is 1.25, from 1.255 in the trailing year. Against a Trailing Annual Dividend Yield of 0.077564895The 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.
