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Wednesday, January 18, 2017

Analysts’ Recommendations Stocks to Watch: Energy Transfer Equity LP (NYSE:ETE) & PepsiCo, Inc. (NYSE:PEP)

Source: News Is Money
By Money News Staff

On Tuesday, Shares of Energy Transfer Equity LP (NYSE:ETE) lost -0.32% to $18.54. The share price is trading in a range of $18.36 – 18.75. The stock exchanged hands with 6.40 million shares contrast to its average daily volume of 6.49 million shares.

Sunoco LP (SUN) (“SUN” or the “Partnership”) declared recently that the Partnership has retained NRC Realty & Capital Advisors, LLC (“NRC”) to assist with planned alternatives for more than 100 real estate assets. Real estate assets included in this process are company-owned locations, undeveloped greenfield sites and other excess real estate.

Properties are located in Florida, Louisiana, Massachusetts, Michigan, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Texas and Virginia.

The properties will be sold through a sealed-bid sale in a ‘buy one, some or all’ format with bids due on March 7, 2017, for the operating sites and on April 4, 2017 for the surplus properties. The Partnership will review all bids before divesting any assets.

Sunoco is a partner of Energy Transfer Equity, L.P. (ETE).

Energy Transfer Equity LP (NYSE:ETE) have shown a high EPS growth of 41.30% in the last 5 years and has earnings growth of -31.90% yoy. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The stock appeared -7.53% below its 52-week highs and is down -6.65% for the last five trades.

Shares of PepsiCo, Inc. (NYSE:PEP) inclined 0.63% to $102.19. The share price of the stock plunged -3.12% for the year.

Analysts give PEP a mean recommendation of 2.10. The company has dropped -4.36% in past 3 months and in the last five trades has moved down -1.23%. The stock has earnings growth of 283.10% yoy and showed a low EPS growth of -1.30% over the past five years. The stock’s price moved down its 200-day moving average of $106.03. The stock is presently trading down its SMA-50 of $103.50.