Energy Transfer LP (NYSE: ET) kicked off on Friday, up 1.55% from the previous trading day, before settling in for the closing price of $15.53. Over the past 52 weeks, ET has traded in a range of $12.18-$16.04.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 13.18%. While this was happening, its average annual earnings per share was recorded 38.68%. With a float of $2.87 billion, this company’s outstanding shares have now reached $3.37 billion.
Considering the fact that the conglomerate employs 13786 people, you should pay attention to its efficiency factor.
Energy Transfer LP (ET) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Energy Transfer LP is 14.70%, while institutional ownership is 29.59%. The most recent insider transaction that took place on Dec 12 ’23, was worth 659,500. In this transaction Co-CEO of this company bought 50,000 shares at a rate of $13.19, taking the stock ownership to the 7,272,754 shares. Before that another transaction happened on Nov 13 ’23, when Company’s EVP & Pres. LNG bought 8,000 for $13.17, making the entire transaction worth $105,360. This insider now owns 1,715,720 shares in total.
Energy Transfer LP (ET) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 38.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.80% during the next five years compared to -0.88% drop over the previous five years of trading.
Energy Transfer LP (NYSE: ET) Trading Performance Indicators
Take a look at Energy Transfer LP’s (ET) current performance indicators. Last quarter, stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.68. Likewise, its price to free cash flow for the trailing twelve months is 8.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.66 in one year’s time.
Technical Analysis of Energy Transfer LP (ET)
Compared to the last year’s volume of 12.53 million, its volume of 15.63 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.66%. Additionally, its Average True Range was 0.27.
During the past 100 days, Energy Transfer LP’s (ET) raw stochastic average was set at 90.77%, which indicates a significant increase from 74.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.29% in the past 14 days, which was higher than the 14.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.14, while its 200-day Moving Average is $13.95. Nevertheless, the first resistance level for the watch stands at $15.98 in the near term. At $16.18, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.41. If the price goes on to break the first support level at $15.55, it is likely to go to the next support level at $15.32. Now, if the price goes above the second support level, the third support stands at $15.12.
Energy Transfer LP (NYSE: ET) Key Stats
The company with the Market Capitalisation of 53.11 billion has total of 3,369,377K Shares Outstanding. Its annual sales at the moment are 78,586 M in contrast with the sum of 3,469 M annual income. Company’s last quarter sales were recorded 20,532 M and last quarter income was 1,090 M.
