Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Energy Transfer Equity, L.P. .
Energy Transfer Equityin Focus
ETE may be an interesting play thanks to its forward PE of 14.8, its P/S ratio of 0.54, and its decent dividend yield of 6.08%. These factors suggest that Energy Transfer Equity is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ETE has decent revenue metrics to back up its earnings.
But before you think that Energy Transfer Equity is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 40% in the past 30 days, thanks to one upward revision in the past one month compared to x lower.
This estimate strength is actually enough to push ETE to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Energy Transfer Equity is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
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If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
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Why Energy Transfer Equity (ETE) Could Be a Top Value Stock Pick
Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?
Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Energy Transfer Equity, L.P. .
Energy Transfer Equityin Focus
ETE may be an interesting play thanks to its forward PE of 14.8, its P/S ratio of 0.54, and its decent dividend yield of 6.08%. These factors suggest that Energy Transfer Equity is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that ETE has decent revenue metrics to back up its earnings.
Energy Transfer Equity, L.P. PE Ratio (TTM)
Energy Transfer Equity, L.P. PE Ratio (TTM) | Energy Transfer Equity, L.P. Quote
But before you think that Energy Transfer Equity is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up by 40% in the past 30 days, thanks to one upward revision in the past one month compared to x lower.
This estimate strength is actually enough to push ETE to a Zacks Rank #1 (Strong Buy), suggesting it is poised to outperform. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So really, Energy Transfer Equity is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>