Published: Fri, February 17, 2017
Markets | By Lucia Cruz

ENERGY TRANSFER PARTNERS (ETP) Receives Outperform Rating from Robert W. Baird

ENERGY TRANSFER PARTNERS (ETP) Receives Outperform Rating from Robert W. Baird

Energy Transfer Equity, L.P. (NYSE:ETE) should head towards $20.3 per share according to 10 Analysts in consensus. The Short Ratio for the stock is 2.42.

Energy Transfer Partners, L.P. (NYSE:ETP) shows its Return on Assets (ROA) value of -0.9 percent, while the Return on Equity (ROE) value is -2.9 percent and Return on Investment (ROI) value stands at 4.7 percent.

Institutional investors have recently added to or reduced their stakes in the stock. Energy Transfer Equity, L.P. got Upgrade on 12-Jan-17 where investment firm Raymond James Upgrade the stock from Mkt Perform to Outperform.

While looking at the Stock's Performance, Energy Transfer Equity, L.P. now shows a Weekly Performance of 0.22%, where Monthly Performance is 0.38%, Quarterly performance is 15.7%, 6 Months performance is 11.12% and yearly performance percentage is 258.74%.

Cameco Corporation (NYSE:CCJ) reported its last quarterly earnings on Dec 16 where the firm reported its Actual EPS of $0.18/share against the analyst consensus estimate of $0.2/share. The lowest price the stock reached on 2/15/2017 was $19.26 and compares with the $5.94 52-week low. Avenir Corp raised its position in Energy Transfer Equity, 1.7% in the second quarter. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance.

Many Analysts provided their foresight on Revenue Estimates of Energy Transfer Partners, L.P. where they believe that the company has the potential to earn average revenue of $6.48 Billion for the current quarter. Energy Transfer Equity, L.P. has a 52-week low of 5.94 and a 52-week high of 20.05.

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Here's how traders responded to ETE earnings announcements over the past few quarters. The latest exchange of 4.91 Million shares is below its average trading activity of 6.83 Million shares. RB Capital Management LLC purchased a new position in ENERGY TRANSFER PARTNERS during the fourth quarter valued at approximately $237,000. This Oils-Energy Sector stock now has the Market Capitalization of 21.29 Billion. The firm has a 50 day moving average price of $18.80 and a 200 day moving average price of $17.33. Stockholders of record on Tuesday, February 7th will be paid a $0.285 dividend. The ex-dividend date was Friday, February 3rd. Consensus rating is in between 1-5. Energy Transfer Equity, L.P. P/E (price to earnings) ratio is 18.41 and Forward P/E ratio of 16.98.

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A number of equities analysts have recently commented on the company. ETE right now sits at consensus rating of 2.30 while 9 analysts have advocated the shares as "BUY", 2 calls it an "OUTPERFORM" and 8 suggest "HOLD". Large holders of Energy Transfer Partners units may seek to serve as lead plaintiff.

The company's consensus rating on Reuter's scale remained unchanged from 2.22 to 2.22 during a month. At least one Wall Street analyst had set a price target for Energy Transfer Partners units of $55.00. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company.

Price Target plays a critical role when it comes to the Analysis of a Stock.

Energy Transfer Equity, L.P. has distance from 20-day Simple Moving Average (SMA20) of 5.2%, Distance from 50-Day Simple Moving Average of 6.46 percent and Distance from 200-Day Simple Moving Average of 22.8%.

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