Should You Buy ENERGY TRANSFER PARTNERS (NYSE:ETP) On Current Analyst Views?
- Author: Zachary Reyes Mar 09, 2017,
Mar 09, 2017, 15:30
Energy Transfer Partners, L.P. (NYSE:ETP) share price Jumped 0.52% to reach $38.58 during the last trading session. It has a dividend yield of 5.87%. The high end of the earnings forecast is $1.58 per share and low end is $1.41 per share. A lower P/B ratio could mean that the stock is undervalued. The market consensus range for revenue is between $6.18B and $15.18B, with an average of $10.01B. Abbreviated as the P/S ratio or PSR, this ratio is also known as a "sales multiple" or "revenue multiple".
Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $0.83 while three months ago that trend was for $0.86.
According to the latest research reports released, 6 analysts have issued a rating of "buy", 7 analysts "outperform", 5 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Recently, investment analysts covering the stock have updated the mean rating to 2.1. The call for hold was given by 6 analysts while call for sale was recommended by 1 analyst. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. The performance for month is 6.50% and the performance for half year is 12.89%. The Long Term Debt/Equity is valued 1.74 with the Total Debt/Equity of 1.8. Similarly, the positive performance for the quarter recorded as 20.87% and for the year was 151.49%, while the YTD performance remained at 2.09%.
Energy Transfer Equity, L.P. (NYSE:ETE) has received a consensus rating of "Buy" from the seventeen ratings firms that are now covering the company. Renaissance Technologies LLC now owns 1,395,152 shares of the company's stock worth $26,940,000 after buying an additional 1,231,800 shares during the last quarter. The ROA tells us exactly what earnings were generated from the invested capital.
The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. Price changes resulting from an earnings surprise can be felt immediately. The price to earnings ratio indicates the expected price of a share based on its earnings. The company's shares were closed at $157.21. Back on February 22, 2017, it posted earnings per-share earnings at $0.21 which missed the consensus $0.25 projection (negative surprise of-16%). This could prove to be a poor investment.
A number of analysts offered their Estimated Earnings analysis for Energy Transfer Partners, L.P. (NYSE:ETP) for the current quarter. Its segments include Intrastate Transportation and Storage Segment, which owns and operates approximately 7,500 miles of natural gas transportation pipelines; Interstate Transportation and Storage Segment, which owns and operates approximately 12,300 miles of interstate natural gas pipeline; Midstream Segment, which owns and operates approximately 35,000 miles of in service natural gas; Liquids Transportation and Services Segment, which owns interest in Lone Star NGL LLC (Lone Star), which owns approximately 2,000 miles of natural gas liquids (NGL) pipelines; Investment in Sunoco Logistics segment, which owns and operates a logistics business; Retail Marketing Segment, which is conducted through its subsidiary, Sunoco, Inc., and All Other Segment.
Mitchell Collin is brilliant content Writer/editor of StreetUpdates.
12/23/2016 - Energy Transfer Equity, L.P. had its "buy" rating reiterated by analysts at Mizuho. He is junior content writer and editor of StreetUpdates.