Energy Transfer Equity, L.P. (ETE): Analyzing Basic Trading Data

In the past 52-week period, shares of Energy Transfer Equity, L.P. (NYSE:ETE) have moved within the range of $15.03 to $20.05. On the stock’s most recent trading day, the company’s shares ended the regular session at $16.59, which is 17.26% lower than its 52-week high.

Energy Transfer Equity, L.P. (ETE) has demonstrated a 20-day simple moving average (SMA) of -0.71%, and a 50-day SMA of -3.57%. This public company’s current market capitalization stands at $17.45 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. According to the latest data, the consensus recommendation for Energy Transfer Equity, L.P. (ETE) is Outperform.

When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Energy Transfer Equity, L.P. (ETE) delivered a 23.24% surprise with its net revenue. Sales reached $9.47 billion during the three-month period, compared to the average analyst estimate of $12.34 billion.

Meanwhile, during the same quarter Energy Transfer Equity, L.P. (ETE) delivered a 39.23% earnings surprise. Net earnings for the quarter were posted at $0.22 per share, whereas Wall Street had forecast $0.36 per share.

Ownership at Energy Transfer Equity, L.P. (ETE), According to Most Recent SEC Filings

A publicly-traded company’s most recent 13F filings give us important details about the organization’s institutional ownership. Energy Transfer Equity, L.P. (ETE) has 0 billion shares outstanding currently, 51.59% of which belong to institutional investors. Those institutional holdings amount to $9.31 billion.

Additionally, according to the most recent 13F filing from Energy Transfer Equity, L.P. (ETE), there were 33 new positions totaling 12,242,854 shares of the company’s stock. There were 26 sold out positions, on the other hand, totaling 3,071,676 shares.

Short, Medium and Long Term Indicators

Taking a look at a stock’s average volume – in the long, medium and short terms – is helpful for understanding investor sentiment and trading activity. Energy Transfer Equity, L.P. (ETE) has had a 20-day average volume of 5,157,320 shares, with an average of 0% of short term indicators pointed at Hold.

The stock’s 50-day average volume has been 5,423,906 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 4,835,342 shares with 67% of long-term indicators pointing to Sell.