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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.