Energy Transfer LP (NYSE:ET) traded at $5.84 at last check on Tuesday, Sep 15, making a downturn move of -1.35% on its previous day’s price.
Looking at the stock we see that its previous close was $5.92 and the beta (5Y monthly) reads 2.5. The company has a 12-month trailing PE ratio of 11.45. In terms of its 52-week price range, ET has a high of $14.03 and a low of $3.75. The company’s stock has gained about -11.78% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the ET stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Based on estimates by 20 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Energy Transfer LP (ET) stock as a Hold, while 12 rate it as a Buy. 1 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the ET stock currently stands at 0, and the current price level is -8.03% off its SMA20 and -9.67% from its 50-day simple moving average. The RSI (14) is pointing at 32.02 while the volatility over the past week is 2.88% and jumps to 2.97% over the past one month. The beta value is 2.5, while the average true range (ATR) is currently pointing at 0.2. The average price target for the stock over the next 12 months is $10.42, with the estimates having a low of $6 and a high of $15. These price ends are 2.74% and +156.85% off the current price level respectively, although investors could be excited at the prospect of a +71.23% if the ET share price touches on the median price of $10.
Let’s briefly compare Energy (ET) stock to its peers. We find that today’s price change of -1.35% and -56.52% over the past 12 months for ET competes that of Enterprise Products Partners LP (EPD), which has seen its stock price fall -2.04% in the latest trading session and is -41.9% over the last one year. Another of its peers Magellan Midstream Partners LP (MMP) has dropped -1.5% today, but is -44.36% down over the past year, while Plains All American Pipeline LP (PAA) is also down -1.35% yet its price remains in the red at -56.52% over the same period. Enterprise has a P/E ratio of 8.25 compared to Energy’s 11.45 and Magellan’s 8.58. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 0.52% and 0.01%, respectively, in early deals.