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.

ETP was given price targets by several analysts. The highest price target was 33, implying potential capital gains of 60.35 percent. The most pessimistic price target was 23, which equates to a potential downside of 11.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.73 percent. That number becomes -24.74 percent if we expand the time horizon to include the past 3 months instead of just one. 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, compared to 2 analysts that revised their FY estimates downwards.

ETP has an estimated earnings growth rate of -64.14 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of ETP is -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 below the high by 34.65 percent. ETP has a P/E 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 stock has a market capitalization of $22.06 billion. ETP will post this quarters earnings in days, on 0000-00-00.