Currently, there are 3.37B common shares owned by the public and among those 2.93B shares have been available to trade.
The company’s stock has a 5-day price change of -1.41% and -1.89% over the past three months. ET shares are trading 16.30% year to date (YTD), with the 12-month market performance up to 14.48% higher. It has a 12-month low price of $12.90 and touched a high of $16.50 over the same period. ET has an average intraday trading volume of 15.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.00%, 0.05%, and 4.54% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Energy Transfer LP (NYSE: ET) shares accounts for 28.78% of the company’s 3.37B shares outstanding.
It has a market capitalization of $54.93B and a beta (3y monthly) value of 1.65. The stock’s trailing 12-month PE ratio is 13.58, while the earnings-per-share (ttm) stands at $1.18. The company has a PEG of 0.96 and a Quick Ratio of 0.92 with the debt-to-equity ratio at 1.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.42% over the week and 1.48% over the month.
Earnings per share for the fiscal year are expected to increase by 22.40%, and 11.92% over the next financial year. EPS should grow at an annualized rate of 14.10% over the next five years, compared to -0.88% over the past 5-year period.
Looking at the support for the ET, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on October 06, 2023, with the firm’s price target at $14. Citigroup was of a view on December 09, 2022 that the stock is Buy, while Morgan Stanley gave the stock Overweight rating on January 07, 2022, issuing a price target of $12. BofA Securities on their part issued Buy rating on September 28, 2021.
