Energy Transfer Equity, L.P. (NYSE:ETE) slipped over -1.93% at $16.27. Energy Transfer Equity, L.P. has 1.05 billion shares outstanding, and in the last trade has seen ATR around 0.5. The volume of ETE witnessed a shift from 3.15 million shares, based on a 50-day average, to 5.41 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 11 Buys and 0 Sell among 16 analysts. Energy Transfer Equity, L.P. (NYSE:ETE) hasconsensus analyst target price is $20.44. That gives us a street projected return of 25.63%. If the published price targets set by Energy Transfer Equity, L.P. analysts have any power to influence the stock’s share price, the highest price target set for ETE is $24.
Energy Transfer Equity, L.P. most recently reported earnings per share (EPS) of $0.22 for the September 2017 versus $0.47 in the same quarter last year, representing -53% growth. Analysts had predicted $0.36. Revenue during the quarter was $9.47 billion, representing -2% growth from $9.68 billion in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as -39% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $0.3 in December 2017 quarter and $0.21 in March 2018 quarter, representing 42.86% and -8.7% growth, respectively. They expect this year’s earnings to rise 7.61% year-over-year to $0.99, followed by 70.71% growth in the next year to $1.69.
Shares of Eli Lilly and Company (NYSE:LLY) traded down -0.86% in the last session while performance was up 85.32% in the last five days. The stock’s last price was higher from the average trading price of 50 days recorded at $84.8 while enlarging the period to 200 trading days, the average price was $82.8. Currently, 1.11 billion total shares are owned by the public and among those 1.1 billion shares have been available to trade. The percentage of shares being held by the company management was 11.3% while institutional stake was 78.7%.
Eli Lilly and Company (LLY) has risen 28.51% since then. But since then, those gains have faded by -4.23%. LLY has risen 2.87% in the 1-month period.
Energy Transfer Equity, L.P. has a beta of 0.34, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $2.1 a share in the trailing twelve months. It last reported revenues of $5.66 billion and EPS of $1.05 for the September 2017, representing 9% top-line growth and 0.88 EPS growth.
Looking forward, the company’s quarterly earnings are expected to come at $1.07 in the three months through December 2017 and $1.03 in the quarter ending March 2018, reflecting 12.63% and 5.1% growth, respectively. For the full year, analysts expect earnings to jump 19.6% yoy to $4.21. Next year this growth will reach 10.21% to attain $4.64.