A Glimpse Into The Expert Outlook On Energy Transfer Through 4 Analysts

Energy Transfer ET underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $21.5, with a high estimate of $23.00 and a low estimate of $20.00. Surpassing the previous average price target of $20.33, the current average has increased by 5.76%.

Investigating Analyst Ratings: An Elaborate Study

A clear picture of Energy Transfer's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Energy Transfer. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Energy Transfer compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Energy Transfer's stock. This comparison reveals trends in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Energy Transfer's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Energy Transfer analyst ratings.

Unveiling the Story Behind Energy Transfer

Energy Transfer owns one of the largest portfolios of crude oil, natural gas, and natural gas liquid assets in the US, primarily in Texas and the US midcontinent region. Its pipeline network totals 130,000 miles. It also owns gathering and processing facilities, one of the largest fractionation facilities in the US, fuel distribution assets, and the Lake Charles gas liquefaction facility. It combined its publicly traded limited and general partnerships in October 2018.

Financial Insights: Energy Transfer

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Positive Revenue Trend: Examining Energy Transfer's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.16% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.

Net Margin: Energy Transfer's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 5.37%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Energy Transfer's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.21%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): Energy Transfer's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.91%, the company may face hurdles in achieving optimal financial returns.

Debt Management: With a below-average debt-to-equity ratio of 1.7, Energy Transfer adopts a prudent financial strategy, indicating a balanced approach to debt management.

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.