Analyst Ratings for Energy Transfer Partners L.P. (ETP)

Updated: 2017-07-29

Shares of Energy Transfer Partners L.P. (NYSE:ETP) have received a consensus rating of Overweight from Wall Street analysts. ETP had previously received a consensus rating of Overweight a month ago.

23 analysts issued ratings on the stock, where 14 gave ETP a buy rating, 4 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for ETP. The maximum price target given was 33, which equates to a potential upside of 60.35 percent. The most pessimistic price target was 23, implying a possible loss of 11.76 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.73 percent. The average change in earnings estimates over the last 90 days is -24.74 percent. Meanwhile, fiscal year estimates have been revised upwards by 2.01 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -6.05 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of ETP to grow at a rate of -64.14 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. ETP has a PEG ratio of -0.14.

ETP has traded between a high of 31.49 and a low of 18.31 over the past year. The current market price is above the trailing year's low by 12.4 percent, and 34.65 percent below the high. ETP has a price/earnings ratio of 9.18. Investors typically compare the P/E ratio to a company's peers in the industry. The ETP value stock report compares ETP to some of its peers using value stock charts. The market cap of ETP is $22.06 billion. ETP will post this quarters earnings in days, on 0000-00-00.