Energy Transfer Equity, LP (ETE) Receives $20.11 Average Target Price from Brokerages
- Author: Zachary Reyes Mar 03, 2017,
Mar 03, 2017, 19:43
Dollar General Corporation (NYSE:DG) last announced results for quarter ended on 31 Oct 2016, disclosing EPS of $0.89 The reported earnings per share topped the analyst's consensus by $-0.04 with the percentage difference between estimated and actual earnings arriving at -4.30%. BMO Capital Markets set a $19.00 target price on shares of Energy Transfer Equity, L.P. and gave the stock a "hold" rating in a research note on Thursday, November 24th. The net profit margin for Energy Transfer Equity, L.P. stands at 2.60%. The growth estimate for the next five years is 47.13 percent (per annum).
Energy Transfer Equity, L.P. (NYSE:ETE) reached 223.79% versus a 1-year low price of $6.37.
Dollar General Corporation (NYSE:DG)went up 0.45% during trading on the USA exchange where it had a trading capacity of 5.04M shares. Equities research analysts forecast that Energy Transfer Partners will post ($0.05) earnings per share for the current year. The firm had revenue of $6.53 billion for the quarter, compared to analysts' expectations of $6.48 billion.
Price Target plays a critical role when it comes to the Analysis of a Stock. Energy Transfer Partners has a 12-month low of $18.62 and a 12-month high of $43.50.
Energy Transfer Equity, L.P. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director, 10% Owner WARREN KELCY L has acquired 2,485,000 shares of Energy Transfer Equity, L.P. (ETE) in trading session dated December 09, 2015. Morgan Stanley owns $921.89 million in Energy Transfer Equity, L.P., which represents roughly 4.58% of the company's market cap and approximately 10.08% of the institutional ownership. Latest closing price was -1.51% below its 50-day moving average and -7.53% below its 200-day moving average. According to their observations and findings, the stock could provide a high EPS of $0.48/share and a Low EPS of $-0.03/share. The volume of 9.94 Million shares climbed up over an trading activity of 6.27 Million shares. The company's Relative strength index is 50.84. The third largest holder is Citigroup Inc, which now holds $607.7 million worth of this stock and that ownership represents almost 3.02% of its market capitalization. Equity research analysts have given opinions on where they foresees the stock level. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.79 average brokerage recommendation.
According to Financial Times, The 18 analysts offering 12 month price targets for Energy Transfer Equity LP have a median target of 20.00, with a high estimate of 23.00 and a low estimate of 15.00. Energy Transfer Partners presently has a consensus rating of "Hold" and an average price target of $42.69. Corporate insiders own 0.17% of the company's stock. CENTRAL TRUST Co now owns 2,890 shares of the company's stock worth $110,000 after buying an additional 347 shares in the last quarter. The company's quarterly performance represents an optimistic momentum of 1.51 percent, with a decline of -2.87 percent in the stock price over the last one month. During the trading on 03/01/2017, Company's stock ranged from $72.55 to $75.39.
Institutional investors now hold around $9.15 billion or 48.5% in ETE stock. The return on equity ratio or ROE stands at 0 percent while most common profitability ratio return on investment (ROI) was 0 percent. In the last Quarter, ETP reported a surprise Earnings per Share of -135%. With an institutional ownership near 48.5%, it carries an earnings per share ratio of 0.92.