Energy Transfer (NYSE:ET) shares snapped six straight sessions of losses, as the stock rose 0.26% at $17.69 on Tuesday.
The global energy technology company lost 3.71% in the preceding six sessions. ET is down 1.23% over the past one month.
Looking at Seeking Alpha’s Quant rating, ET has a Strong Buy rating with a score of 4.6 out of 5. The company received A in the prospect of profitability and revisions, while it got a B- in valuation, momentum and growth factor.
Turning to the Wall Street community, 15 analysts gave ET a Buy and above rating. One analyst has given the stock a Hold recommendation, while none recommended Sell or lower.
Seeking Alpha analysts are positive and see the stock as a Buy.
Seeking Alpha analyst Louis Gerard was positive and kept a Strong Buy rating for income and growth investors.
“Energy Transfer’s diversified midstream empire and strategic growth projects position it for continued expansion and strong returns, even after significant unit appreciation,” highlighted Gerard, adding that, “The company’s robust free cash flow, disciplined capital allocation, and rising distributions underscore its financial strength and resilience in volatile energy markets.”
The stock has lost over 10% so far this year, underperforming the 2.44% rise in the broader S&P 500 Index during the same period.
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