Energy Transfer Equity LP (NYSE:ETE) fell -0.65% during previous trade. Jefferies issued rating on the stock of Energy Transfer Equity LP (NYSE:ETE) in a research note issued to investors on Apr-19-17, the stock received “Upgrade” rating from Hold to Buy. Additionally Raymond James issued their verdict on the stock of the company, on record date of Jan-12-17 the stock was “Upgraded” from Mkt Perform to Outperform besides that on Jan-09-17 Energy Transfer Equity LP (NYSE:ETE) was “Downgraded” by Bernstein from Outperform to Mkt Perform. Furthermore on Nov-08-16 the stock was “Upgraded” by Bernsteinfrom Mkt Perform to Outperform.
Energy Transfer Equity LP (NYSE:ETE) shares ended last trading session at the price of $18.44 whereas a number of traders indicating mean target price will hit $20.45 over the next twelve months, mean value of price target most recently revised on 04/07/17. Energy Transfer Equity LP (NYSE:ETE)’s highest estimates of price target are $24 and low forecast is $15 based on the opinion of 20 analysts. The price target estimates represents a standard deviation of 2.16. However brokerage recommendations suggests an ABR of 1.88 based on calls of 13 experts, where 6 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 5 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
Energy Transfer Equity LP (NYSE:ETE) is expected to release the earnings of its current quarter on 5/3/17. The company is expected to release $0.27 EPS for current quarter according to 10 analysts whereas the company reported $0.3 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.07 and high estimate of $0.65. For the current year Energy Transfer Equity LP (NYSE:ETE) has set to release EPS of $1.21 as per the sentiments of 12 analysts, however according to 11 analysts, the company expected to release $1.61 EPS for next year.
Energy Transfer Equity LP (NYSE:ETE)’s average revenue estimates for the current quarter are $10.51B according to 3 number of analysts. However its lowest revenue estimates are $5.78B and highest revenue estimates are $15.08B. A year ago the company’s sales were $7.68B. Its yearly sales growth estimates are 36.80%. For the next quarter the company has anticipated average revenues of $11.06B, according to the sentiments of 3 analysts. For the current year the company has fixed $56.64B revenues, as per the opinion of 5 analysts. For the current year the company has low revenue estimates of $44.94B in contradiction of high revenue estimates of $79.76B. Whereas for the next year revenues are set at $60.73B by 5 analysts.
The stock exchanged hands 4.36M shares versus average trading capacity of 3.82M shares, while its shares’ total market worth is $19.76B along with 1.08B outstanding shares. Energy Transfer Equity LP (NYSE:ETE) shares were trading -7.10% below from the 52-week high price mark of $19.85 and +102.05% above from the 52-week price bottom of $9.13. However the company observed 52 week high price on 01/06/17 and witnessed 52 week low price on 04/21/16. The company’s price sits -2.70% below from its 50-day moving average of $18.92 and 7.35% far from the stock’s 200-day moving average which is $17.86. Energy Transfer Equity LP (NYSE:ETE)’s price to sales ratio for trailing twelve month stands at 0.53. However the company’s price to cash per share for most recent quarter stands at 41.20.