Energy Transfer Equity (NYSE:ETE)- Safe Haven Investment Portfolio Stocks: Rice Energy Inc. (NYSE:RICE)

Energy Transfer Equity, L.P. (NYSE:ETE) runs in leading trade, it jumping up 4.34% to traded at $18.74. ETE attains analyst recommendation of 2.20 on scale of 1-5 with week’s performance of 5.03%. It has forward price to earnings ratio of 15.47, and price to earnings ratio calculated as 17.80. The price to earnings growth ration calculated as 1.00. ETE is presenting price to cash flow of 39.12. Energy Transfer Equity L.P. (ETE) has been given an average recommendation of “Buy” by the seventeen analysts that are presently covering the company. Seven analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company.

Energy Transfer Equity L.P. (NYSE:ETE) last reported its quarterly earnings data on Wednesday, November 9th. The company declared $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.23 by $0.04. Energy Transfer Equity L.P. had a return on equity of 6.10% and a net margin of 2.94%. The firm earned $9.68 billion during the quarter, compared to the consensus estimate of $8.53 billion. During the same quarter in the prior year, the business posted $0.28 EPS. Energy Transfer Equity L.P.’s income was down 8.8% compared to the same quarter last year. Equities research analysts predict that Energy Transfer Equity L.P. will post $0.96 earnings per share for the current year.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 94.90%, and looking further price to next year’s EPS is 21.32%. While take a short look on price to sales ratio, that was 0.51 and price to earning ration of 17.80 attracting passive investors.

Rice Energy Inc. (NYSE:RICE) kept active in under and overvalue discussion, RICE holds price to book ratio of 1.31 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation.

Fundament/ News Factor in Focus

Taking look on ratio analysis, RICE has forward price to earnings ratio of 66.84. Other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower. The firm has price volatility of 5.09% for a week and 4.66% for a month. Narrow down four to firm performance, its weekly performance was -5.92% and monthly performance was -9.16%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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