Energy Transfer LP (NYSE:ET) went down by -2.02% from its latest closing price when compared to the 1-year high value of $14.07 and move down -123.69%, while ET stocks collected -4.26% of loss with the last five trading sessions. Press Release reported 1 hour ago that Energy Transfer Announces Completion of Lone Star Express Pipeline Expansion Project
Energy Transfer LP (NYSE:ET) Worth an Investment?
Energy Transfer LP (NYSE: ET) scored price to earnings ratio above its average ratio, recording 12.33 times of increase in earnings at the present.
ET Market Performance
ET stocks went down by -4.26% for the week, with the monthly drop of -6.68% and a quarterly performance of -26.26%, while its annual performance rate touched -53.75%. The simple moving average for the period of the last 20 days is -4.68% for ET stocks with the simple moving average of -30.09% for the last 200 days.
Analysts’ Opinion on Energy Transfer LP (NYSE:ET)
Many brokerage firms have already submitted their reports for ET stocks, with RBC Capital Mkts repeating the rating for ET shares by setting it to “Outperform”. The predicted price for ET socks in the upcoming period according to RBC Capital Mkts is $10 based on the research report published on July 27, 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see ET stock at the price of $8. The rating they have provided for ET stocks is “Equal Weight” according to the report published on July 22, 2020.
BMO Capital Markets gave “ Outperform” rating to ET stocks, setting the target price at $13 in the report published on June 9, 2020.
ET Stocks -5.95% Far from 50 Day Moving Average
After a stumble in the market that brought ET to its low price for the period of the last 52 weeks, Energy Transfer LP was unable to take a rebound, for now settling with -55.29% of loss for the given period.
The stock volatility was left at 3.27%, however, within the period of a single month, the volatility rate increased by 2.98%, while the shares sank at the distance of -8.97% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -20.68% lower at the present time.
In the course of the last 5 trading sessions, ET went down by -4.26%, which changed the moving average for the period of 200 days to the total of -43.74% of losses for the stock in comparison to the 20-day moving average settled at $6.57. In addition, Energy Transfer LP saw -50.97% in overturn over the period of a single year with a tendency to cut further losses.
ET Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Energy Transfer LP (ET), starting from Perry James Richard, who bought 120,000 shares at the price of $4.89 back on Mar 27. After this action, Rushing now owns 129,996 shares of Energy Transfer LP, valued at $586,934 with the latest closing price.
Long Thomas E, the Chief Financial Officer of Energy Transfer LP, bought 18,000 shares at the value of $4.26 during a trade that took place back on Mar 18, which means that Long Thomas E is holding 819,498 shares at the value of $76,590 based on the most recent closing price.
ET Stock Fundamentals
The current profitability levels are settled at +13.67 for the present operating margin and +14.95 for gross margin. The net margin for Energy Transfer LP stands at +6.62. Total capital return value is set at 9.04, while invested capital returns managed to touch 5.21. Equity return holds the value 6.50%, with 1.40% for asset returns.
Based on Energy Transfer LP (ET), the company’s capital structure generated 238.28 points for debt to equity in total, while total debt to capital is set at the value of 70.44. Total debt to assets is settled at the value of 52.12 with long-term debt to equity ratio rests at 2.97 and long-term debt to capital is 237.88.
The value for Enterprise to Sales is 1.81 with debt to enterprise value settled at 0.53. The receivables turnover for Energy Transfer LP is 11.37 with the total asset turnover at the value of 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.