Energy Transfer LP (ET) Stock Forecast & Predictions

Energy Transfer LP - Unit ET: $10.82

8111 Westchester Dr Ste 600, Dallas, Texas, US. | Sector: Transportation and Warehousing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.energytransfer.com

  • Market Cap$29.58B
  • Change (52 Weeks)55.13%
  • Low (52 Weeks)$4.66
  • Energy Transfer LP (ET) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 37.50% on Sell, and 43.75% Neutral.

    According to the market data, Energy Transfer LP (ET) stock price is $10.82 and the 52 weeks low is $4.66, which means the Energy Transfer LP stock price is up 55.13% in the last 12 months.

    Energy Transfer LP (ET) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that ET Stock price might rise further, 37.50% indicating that ET Stock price might fall, and 43.75% are in a neutral position.

    Based on these technical algorithms, overall ET stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Energy Transfer LP (ET) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Energy Transfer LP (ET) is based on 25 Institutional Analyst Ratings where 56.00% are on Strong Buy, 32.00% on Moderate Buy, 12.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 25 Institutional Analysts, majority recommended ET stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Energy Transfer LP.

    Energy Transfer LP (ET) Stock Price Prediction By Analysts


    HighLowAverage
    $18.90$9.09$13.32
    $13.3223.11% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for ET set by the institutional analysts is $13.32 where High Estimate is $18.90, Median $13.26 and Low $9.09.

    The average price target for ET by Institutional Analysts is $13.32, which is 23.11% Upside from the current price. So according to the Institutional Analysts, ET Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Energy Transfer LP (ET) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 434,839 investor portfolio.

    Our algorithm has analysed 434,839 investor portfolio with ET stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ET and holding their positions hoping for a further rise in the stock price and more profit.

    Energy Transfer LP (ET) Stock Forecast Based on News Sentiment


    Bullish
    Based on 4 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about ET, it shows that Energy Transfer LP had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that ET stock price may surge in the next few weeks.

    Energy Transfer LP (ET) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoOverweightUpgraded
    Credit SuisseOutperformMaintained
    MizuhoBuyInitiated
    Wells FargoEqual-WeightMaintained
    Evercore ISI GroupOutperformUpgraded
    Raymond JamesStrong BuyMaintained
    Credit SuisseOutperformMaintained
    Piper SandlerOverweightUpgraded
    BarclaysOverweightUpgraded
    Morgan StanleyOverweightUpgraded
    SMBC NikkoOutperformInitiated
    Raymond JamesStrong BuyMaintained
    Raymond JamesStrong BuyMaintained
    Piper SandlerNeutralMaintained
    StifelBuyMaintained
    Wells FargoEqual-WeightDowngraded
    Morgan StanleyEqual-WeightMaintained
    Piper SandlerNeutralMaintained
    BMO CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    CFRAHoldMaintained
    Wells FargoOverweightMaintained
    UBSBuyMaintained
    BarclaysEqual-WeightDowngraded
    Morgan StanleyEqual-WeightDowngraded
    BairdNeutralDowngraded
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightInitiated
    CitiBuyMaintained
    BairdOutperformMaintained
    Bank of AmericaBuyMaintained
    Wells FargoOutperformMaintained
    Piper JaffrayOverweightInitiated
    Raymond JamesStrong BuyUpgraded
    Credit SuisseOutperformInitiated
    Goldman SachsBuyInitiated
    Morgan StanleyOverweightMaintained
    Stephens & Co.OverweightUpgraded
    Bank of AmericaBuyUpgraded
    Bank of AmericaNeutralMaintained
    Credit SuisseOutperformInitiated
    Goldman SachsBuyUpgraded
    JefferiesBuyMaintained
    Stifel NicolausBuyInitiated
    BernsteinOutperformUpgraded
    JefferiesBuyUpgraded
    Raymond JamesOutperformUpgraded
    BernsteinMarket PerformDowngraded
    BernsteinOutperformUpgraded
    MizuhoBuyInitiated
    Stephens & Co.Equal-WeightInitiated
    BairdOutperformUpgraded
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    JefferiesBuyMaintained
    Raymond JamesMarket PerformDowngraded
    Bank of AmericaNeutralDowngraded
    BairdNeutralDowngraded
    JefferiesBuyMaintained
    JefferiesBuyInitiated
    Evercore ISI GroupBuyInitiated
    Evercore ISI GroupBuyInitiated
    Deutsche BankBuyInitiated
    Goldman SachsBuyInitiated
    BarclaysOverweightMaintained
    RBC CapitalOutperformInitiated
    BairdOutperformUpgraded
    Tudor PickeringBuyInitiated
    BarclaysOverweightMaintained
    Credit SuisseOutperformMaintained
    Raymond JamesOutperformMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Raymond JamesMarket PerformDowngraded
    RBC CapitalSector PerformDowngraded
    Credit SuisseNeutralDowngraded
    WunderlichHoldMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained
    Credit SuisseOutperformInitiated
    BairdNeutralDowngraded
    Deutsche BankBuyMaintained
    Roth CapitalInitiated
    Raymond JamesStrong BuyUpgraded
    BarclaysOverweightMaintained
    Bank of AmericaBuyMaintained
    Barrington ResearchOutperformInitiated
    Deutsche BankBuyMaintained
    Stifel NicolausBuyMaintained
    BarclaysOverweightMaintained

    Energy Transfer LP (ET) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.306
    The average consensus EPS for ET is $0.306 with a high estimate of $0.420 and Low of $0.196 for the period 2021-09-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.21$0.318990999999999972021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.24898192021-06-30
    $1.21$0.318990999999999972021-03-31
    $0.19$0.2664612020-12-31
    $-0.24$0.2490542020-09-30
    $0.13$0.2887092020-06-30
    $-0.32$0.341960000000000042020-03-31
    $0.38$0.3716242019-12-31
    $0.32$0.386044000000000052019-09-30
    $0.33$0.3796582019-06-30
    $0.34$0.4122062019-03-31
    $0.27$0.3483462018-12-31
    $0.32$0.5649552018-09-30
    $0.31$0.469062000000000032018-06-30
    $0.39$0.4215792018-03-31
    $0.28$0.346595000000000042017-12-31
    $0.22$0.372862017-09-30
    $0.18$0.253277000000000032017-06-30
    $0.22$0.2674912017-03-31
    $0.14$0.2432862016-12-31
    $0.47$0.2562642016-09-30
    $0.23$0.2944772016-06-30
    $0.3$0.2963312016-03-31
    $0.3$0.367401000000000032015-12-31
    $0.28$0.2676972015-09-30
    $0.28$0.282838000000000032015-06-30
    $0.26$0.3608092015-03-31
    $0.365$0.208163000000000012014-12-31
    $0.175$0.173555000000000012014-09-30
    $0.15$0.1694352014-06-30
    $0.15$0.1684052014-03-31
    $0.62$0.1557362013-12-31
    $0.055$0.1641822013-09-30
    $0.1125$0.16482013-06-30
    $0.06$0.12362013-03-31
    $0.0425$0.156766000000000022012-12-31
    $0.0325$0.1018672012-09-30
    $0.0475$0.1150512012-06-30
    $0.0925$0.096613999999999992012-03-31
    $0.095$0.108152011-12-31
    $0.0825$0.0939362011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).