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Is this Large Market Cap Stock target price reasonable for Energy Transfer Equity, L.P. (NYSE:ETE)?

The company in question is, Energy Transfer Equity, L.P. (NYSE:ETE) currently with a stock price of 16.42 (1.61% today). The market cap for Energy Transfer Equity, L.P. is 17686.31, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Energy Transfer Equity, L.P. is 18.07. Currently Energy Transfer Equity, L.P. is trading with a P/E of 14.97, and a forward P/E of 13.48. Average volume for Energy Transfer Equity, L.P. is 9099.79 and so far today it is 3360400.

Performance in the last year for Energy Transfer Equity, L.P. has been -30.04%. For EPS growth, Energy Transfer Equity, L.P. has seen a growth of 94.90%, and is looking to grow in the next year to 25.05%. More long term stats show that EPS growth has been 41.30% over the last five years and could be 12.70% for the next five years. Energy Transfer Equity, L.P. has seen sales growth quarter over quarter at -57.50%, with EPS growth quarter over quarter at -58.90%. The 20-day simple moving average is -3.45%, with the 200-day simple moving average coming to 38.56%.

Since the IPO date for Energy Transfer Equity, L.P. on the 2/3/2006, Energy Transfer Equity, L.P. has seen performance year to date to be 29.19%. With Energy Transfer Equity, L.P. trading at 16.42, the dividend yield is 6.94%, and the EPS is 1.1.

So could Energy Transfer Equity, L.P., be undervalued? Well as said before P/E is 14.97. The PEG is 1.18, P/S is 0.48 and the P/B is at *TBA. The P/cash is 37.23, with P/free cash flow at *TBA.

Energy Transfer Equity, L.P. ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.7. This is with long term debt/equity at *TBA, and total debt/equity at *TBA.

In terms of margins, Energy Transfer Equity, L.P. has a gross margin of 22.30%, an operating margin of 6.50% and a profit margin of 3.10%.Payout ratio for Energy Transfer Equity, L.P. is 101.80%. Return on assets come to 1.60% with return on investment coming to 6.80%.

Insider ownership for Energy Transfer Equity, L.P., is at 0.10% and institutional ownership comes to 44.70%. Outstanding shares are at 1077.12. While shares float is 754.63. The float short is currently 4.75%, and short ratio is 3.94.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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