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The price of Equitrans Midstream Corporation (NYSE: ETRN) closed at $13.72 in the last session, up 2.08% from day before closing price of $13.44. In other words, the price has increased by $2.08 from its previous closing price. On the day, 6.56 million shares were traded. ETRN stock price reached its highest trading level at $13.75 during the session, while it also had its lowest trading level at $13.315.
Ratios:
We take a closer look at ETRN’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 4.42 whereas as Long-Term Debt/Eq ratio is at 4.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 14, 2023, Downgraded its rating to Underweight and sets its target price to $10 from $9 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ETRN now has a Market Capitalization of 5949829120 and an Enterprise Value of 14465741824. As of this moment, Equitrans’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.52, and their Forward P/E ratio for the next fiscal year is 11.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.27 while its Price-to-Book (P/B) ratio in mrq is 5.70. Its current Enterprise Value per Revenue stands at 10.378 whereas that against EBITDA is 14.064.
Stock Price History:
Over the past 52 weeks, ETRN has reached a high of $13.51, while it has fallen to a 52-week low of $4.65. The 50-Day Moving Average of the stock is 18.55%, while the 200-Day Moving Average is calculated to be 35.30%.
Shares Statistics:
According to the various share statistics, ETRN traded on average about 7.09M shares per day over the past 3-months and 6103500 shares per day over the past 10 days. A total of 433.50M shares are outstanding, with a floating share count of 430.62M. Insiders hold about 0.70% of the company’s shares, while institutions hold 86.77% stake in the company. Shares short for ETRN as of 1713139200 were 8495099 with a Short Ratio of 1.20, compared to 1710460800 on 9806743. Therefore, it implies a Short% of Shares Outstanding of 8495099 and a Short% of Float of 2.5799999000000002.
Dividends & Splits
The forward annual dividend rate for ETRN is 0.60, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.044642862The stock’s 5-year Average Dividend Yield is 9.71.
