Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $17.04 in the prior trading day, Energy Transfer LP (NYSE: ET) closed at $16.54, down -2.93%. In other words, the price has decreased by -$2.93 from its previous closing price. On the day, 19.56 million shares were traded. ET stock price reached its highest trading level at $16.94 during the session, while it also had its lowest trading level at $16.35.
Ratios:
Our goal is to gain a better understanding of ET by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 176.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.65. 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:
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 56752218112 and an Enterprise Value of 132164296704. As of this moment, Energy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.87, and their Forward P/E ratio for the next fiscal year is 10.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.81. Its current Enterprise Value per Revenue stands at 1.599 whereas that against EBITDA is 9.207.
Stock Price History:
The Beta on a monthly basis for ET is 0.72, which has changed by 0.048162222 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. 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 -8.06%, while the 200-Day Moving Average is calculated to be -6.61%.
Shares Statistics:
The stock has traded on average 17.14M shares per day over the past 3-months and 12488360 shares per day over the last 10 days, according to various share 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 31.23% stake in the company. Shares short for ET as of 1744675200 were 27859022 with a Short Ratio of 1.63, compared to 1741910400 on 27268898. Therefore, it implies a Short% of Shares Outstanding of 27859022 and a Short% of Float of 0.8999999999999999.
Dividends & Splits
In the trailing 12 months, ET’s forward annual dividend rate was 1.285, compared to 1.28 this year. Against a Trailing Annual Dividend Yield of 0.07541079The stock’s 5-year Average Dividend Yield is 9.38. The current Payout Ratio is 99.28% for ET, which recently paid a dividend on 2025-02-07 with an ex-dividend date of 1746748800. Stock splits for the company last occurred on 2015-07-27 when the company split stock in a 2:1 ratio.