Equitrans Midstream Corporation (NYSE:ETRN) went up by 1.71% from its latest closing price when compared to the 1-year high value of $23.47 and move down -71.56%, while ETRN stocks collected -8.00% of loss with the last five trading sessions.
Equitrans Midstream Corporation (NYSE:ETRN) Worth an Investment?
Equitrans Midstream Corporation (NYSE: ETRN) scored price to earnings ratio above its average ratio, recording 17.65 times of increase in earnings at the present.
ETRN Market Performance
ETRN stocks went down by -8.00% for the week, with the monthly drop of -26.29% and a quarterly performance of -35.68%, while its annual performance rate touched . The simple moving average for the period of the last 20 days is -17.82% for ETRN stocks with the simple moving average of -31.68% for the last 200 days.
Analysts’ Opinion on Equitrans Midstream Corporation (NYSE:ETRN)
Many brokerage firms have already submitted their reports for ETRN stocks, with UBS repeating the rating for ETRN shares by setting it to “Neutral”. The predicted price for ETRN socks in the upcoming period according to UBS is $15 based on the research report published on August 6, 2019.
BofA/Merrill, on the other hand, stated in their research note that they expect to see ETRN stock at the price of $21. The rating they have provided for ETRN stocks is “Neutral” according to the report published on June 17, 2019.
RBC Capital Mkts gave “Sector Perform” rating to ETRN stocks, setting the target price at $23 in the report published on April 18, 2019.
ETRN Stocks -25.77% Far from 50 Day Moving Average
After a stumble in the market that brought ETRN to its low price for the period of the last 52 weeks, Equitrans Midstream Corporation was unable to take a rebound, for now settling with -41.71% of loss for the given period.
The stock volatility was left at 4.22%, however, within the period of a single month, the volatility rate increased by 4.84%, while the shares sank at the distance of -25.29% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -30.87% lower at the present time.
In addition, Equitrans Midstream Corporation saw -31.67% in overturn over the period of a single year with a tendency to cut further losses.
ETRN Stock Fundamentals
The current profitability levels are settled at +66.25 for the present operating margin and +74.55 for gross margin. The net margin for Equitrans Midstream Corporation stands at +14.61. Total capital return value is set at 11.24, while invested capital returns managed to touch 5.66. Equity return holds the value 19.40%, with 1.50% for asset returns.
Based on Equitrans Midstream Corporation (ETRN), the company’s capital structure generated 1,019.29 points for debt to equity in total, while total debt to capital is set at the value of 91.07. Total debt to assets is settled at the value of 44.34 with long-term debt to equity ratio rests at 1,017.98 and long-term debt to capital is 90.95.
EBITDA value lies at +332.39 M with total debt to EBITDA carrying the value of 3.86. The value for Enterprise to Sales is 5.23 with debt to enterprise value settled at 0.33. The receivables turnover for Equitrans Midstream Corporation is 6.30 with the total asset turnover at the value of 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.