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Understanding the Fundamentals of Energy Transfer LP Stocks

Large-cap Utilities company Energy Transfer LP has moved 0.4% so far today on a volume of 408,434, compared to its average of 16,716,484. In contrast, the S&P 500 index moved 0.0%.

Energy Transfer LP trades -17.47% away from its average analyst target price of $22.73 per share. The 17 analysts following the stock have set target prices ranging from $19.0 to $25.0, and on average have given Energy Transfer LP a rating of buy.

Anyone interested in buying ET should be aware of the facts below:

  • Energy Transfer LP's current price is 4.5% above its Graham number of $17.95, which implies that at its current valuation it does not offer a margin of safety

  • Energy Transfer LP has moved 19.3% over the last year, and the S&P 500 logged a change of 7.5%

  • Based on its trailing earnings per share of 1.28, Energy Transfer LP has a trailing 12 month Price to Earnings (P/E) ratio of 14.7 while the S&P 500 average is 29.3

  • ET has a forward P/E ratio of 11.9 based on its forward 12 month price to earnings (EPS) of $1.58 per share

  • Its Price to Book (P/B) ratio is 2.06 compared to its sector average of 2.2

  • Energy Transfer LP, together with its subsidiaries, provides energy-related services in the United States.

  • Based in Dallas, the company has 16,248 full time employees and a market cap of $64.37 Billion. Energy Transfer LP currently returns an annual dividend yield of 6.9%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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