Top Performer of the day: Energy Transfer Equity, L.P. (NYSE:ETE)


Energy Transfer Equity, L.P. (NYSE:ETE) Belonging to the Oils-Energy sector which surged 1.27% and closed its last trading session at $16.79.

The company reported its last EPS on 6/30/2016 and is expected to report its next EPS on 11/2/2016. Currently, the stock has a 1 Year Price Target of $19.

The consensus recommendation, according to Zacks Investment research, is 1.71. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.85 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.89 and 2.14 respectively.

Energy Transfer Equity, L.P. on 6/30/2016 reported its EPS as $0.23 with the analysts projecting the EPS of the stock as $0.29. The company beat the analyst EPS Estimate with the difference of $-0.06. This shows a surprise factor of -20.7%.

Many analysts have provided their estimated foresights on Energy Transfer Equity, L.P. Earnings, with 7 analysts believing the company would generate an Average Estimate of $0.23. Whereas they predicted High and Low Earnings Estimate as $0.37 and $-0.03 respectively. While in the same Quarter Previous year, the Actual EPS was $0.28.

Analysts are also projecting an Average Revenue Estimate for Energy Transfer Equity, L.P. as $10.11 Billion in the Current Quarter. This estimate is provided by 4 analysts. The High Revenue estimate is predicted as 11.46 Billion, while the Low Revenue Estimate prediction stands at 8.86 Billion. The company’s last year sales total was 10.62 Billion.

For the Current Quarter, the growth estimate for Energy Transfer Equity, L.P. is -17.9%, while for the Next Quarter the stock growth estimate is -20%. In the past 5 years, the stock showed growth of 47.04% per annum. While for the next 5 years, the growth estimate is 12.7%.

The Company got Initiated by Mizuho on 30-Sep-16 to Buy.

Insider Trades for Energy Transfer Equity, L.P. show that the latest trade was made on 7 Sep 2016 where Mason (Thomas P), the General Counsel completed a transaction type “Sell” in which 477000 shares were traded at a price of $18.49.

Over the period of 6 months, Insider Purchases show a total of 2 transaction in which 1000800 shares were traded.

16 analysts projected Price Targets for Energy Transfer Equity, L.P.. The analysts believe that the company stock price could grow as high as $23. The Low Price target projection by analysts is $15 and the Mean Price Target is $19.

Energy Transfer Equity, L.P. (NYSE:ETE) has the market capitalization of $17.32 Billion. The company rocked its 52-Week High of $25.36 on Oct 8, 2015 and touched its 52-Week Low of $4 on Feb 8, 2016. The stock has Return on Assets (ROA) of 1.6 percent. Return on Equity (ROE) stands at -88% and Return on Investment (ROI) of 6.8 percent.

The stock is currently showing YTD performance of 32.1 Percent. The company has Beta Value of 1.66 and ATR value of 0.54. The Weekly and Monthly Volatility stands at 3.62% and 3.32%.

Company profile:

Energy Transfer Equity, L.P. owns a diversified portfolio of energy assets, including natural gas operations consisting miles of natural gas gathering and transportation pipelines, natural gas treating and processing assets located in Texas and Louisiana, and three natural gas storage facilities located in Texas.