Equitrans Stock Analysis

ETRN -  USA Stock  

USD 10.44  0.12  1.14%

The small slide in market price for the last few months could raise concerns from institutional investors as the firm it trading at a share price of 10.44 on 1,416,094 in volume. The company executives did not add much value to Equitrans Midstream investors in December. However, diversifying your holdings with Equitrans Midstream Corp or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.13. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Equitrans Midstream unsystematic, company-specific events.
Continue to Investing Opportunities.

Equitrans Stock Analysis 

 
Refresh
The Equitrans Midstream stock analysis report makes it easy to digest most publicly released information about Equitrans Midstream and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Equitrans Stock analysis module also helps to analyze the Equitrans Midstream price relationship with some important fundamental indicators such as market cap and management efficiency.

Equitrans Stock Analysis Notes

About 12.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.48. Some equities with similar Price to Book (P/B) outperform the market in the long run. Equitrans Midstream Corp next dividend is scheduled to be issued on the 1st of November 2021. Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania. Equitrans Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 771 people. To learn more about Equitrans Midstream Corp call Thomas Karam at 724 271 7600 or check out https://www.equitransmidstream.com.

Equitrans Midstream Quarterly Cost of Revenue

38.74 MillionShare

Equitrans Midstream Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Equitrans Midstream's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Equitrans Midstream Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Equitrans Midstream generated a negative expected return over the last 90 days
Equitrans Midstream Corp was previously known as Equitrans Midstream Corp and was traded on New York Stock Exchange under the symbol ETRN.
Equitrans Midstream has a strong financial position based on the latest SEC filings
Over 89.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Acquisition by Brian Pietrandrea of 7980 shares of Equitrans Midstream subject to Rule 16b-3

Equitrans Midstream Corp Upcoming and Recent Events

Earnings reports are used by Equitrans Midstream to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Equitrans Midstream previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report22nd of February 2022
Next Earnings Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Equitrans Largest EPS Surprises

Earnings surprises can significantly impact Equitrans Midstream's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-02-23
2020-12-310.37130.31-0.061316 
2021-08-03
2021-06-300.21550.13-0.085539 
2021-05-04
2021-03-310.27750.19-0.087531 
View All Earnings Estimates

Equitrans Midstream SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Equitrans Midstream prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Equitrans Midstream investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Equitrans Midstream Corp specific information freely available to individual and institutional investors to make a timely investment decision.
7th of December 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Entry into a Material Definitive Agreement
View
2nd of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
26th of October 2021
Other Events
View
3rd of August 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
12th of July 2021
Unclassified Corporate Event
View
4th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
28th of April 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View
19th of April 2021
Financial Statements and Exhibits. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
View

Equitrans Midstream Thematic Classifications

In addition to having Equitrans Midstream stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Utilities IdeaUtilities
USA Equities from Utilities industry as classified by Fama & French

Equitrans Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 4.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Equitrans Midstream's market, we take the total number of its shares issued and multiply it by Equitrans Midstream's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Equitrans Profitablity

Equitrans Midstream's profitability indicators refer to fundamental financial ratios that showcase Equitrans Midstream's ability to generate income relative to its revenue or operating costs. If, let's say, Equitrans Midstream is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Equitrans Midstream's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Equitrans Midstream's profitability requires more research than a typical breakdown of Equitrans Midstream's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 22.93 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 79.72 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.8.
Last ReportedProjected for 2022
Return on Average Assets 0.0261  0.0282 
Return on Average Equity 0.17  0.18 
Return on Invested Capital 0.0423  0.0474 
Return on Sales 0.50  0.40 

Management Efficiency

The entity has return on total asset (ROA) of 3.97 % which means that it generated profit of $3.97 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 7.95 %, meaning that it created $7.95 on every $100 dollars invested by stockholders. Equitrans Midstream management efficiency ratios could be used to measure how well equitrans midstream corp manages its routine affairs as well as how well it operates its assets and liabilities. Equitrans Midstream Return on Average Assets are quite stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 0.0282. Return on Average Equity is expected to rise to 0.18 this year, although the value of Return on Sales will most likely fall to 0.40. Equitrans Midstream Goodwill and Intangible Assets are quite stable at the moment as compared to the past year. The company's current value of Goodwill and Intangible Assets is estimated at 1.4 Billion. Tax Assets is expected to rise to about 106.9 M this year, although the value of Total Assets will most likely fall to about 12.2 B.
Last ReportedProjected for 2022
Book Value per Share 10.73  11.58 
Enterprise Value over EBIT 11.70  12.01 
Enterprise Value over EBITDA 8.17  10.81 
Price to Book Value 0.97  1.00 
Tangible Assets Book Value per Share 38.53  36.48 
Enterprise Value12.1 B11.8 B
Tangible Asset Value13.3 B10.8 B

Technical Drivers

As of the 21st of January, Equitrans Midstream shows the coefficient of variation of (3,563), and Mean Deviation of 1.66. Equitrans Midstream Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Equitrans Midstream Corp, which can be compared to its rivals. Please confirm Equitrans Midstream Corp information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Equitrans Midstream Corp is priced favorably, providing market reflects its regular price of 10.44 per share. Given that Equitrans Midstream has jensen alpha of (0.033141), we urge you to verify Equitrans Midstream Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Equitrans Midstream Corp Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Triple Exponential Moving Average (T3) indicator is developed by Tim Tillson as Equitrans Midstream Corp price series composite of a single exponential moving average, a double exponential moving average and a triple exponential moving average. View also all equity analysis or get more info about triple exponential moving average t3 overlap studies indicator.

Equitrans Midstream Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Equitrans Midstream insiders, such as employees or executives, is commonly permitted as long as it does not rely on Equitrans Midstream's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Equitrans Midstream insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Brian Pietrandrea over a week ago via Macroaxis 
Acquisition by Brian Pietrandrea of 7980 shares of Equitrans Midstream subject to Rule 16b-3
Brian Pietrandrea over two weeks ago via Macroaxis 
Payment of 859 shares by Brian Pietrandrea of Equitrans Midstream subject to Rule 16b-3
Patricia Collawn over three months ago via Macroaxis 
Acquisition by Patricia Collawn of 2465 shares of Equitrans Midstream subject to Rule 16b-3
Norman Szydlowski over three months ago via Macroaxis 
Acquisition by Norman Szydlowski of 2268 shares of Equitrans Midstream subject to Rule 16b-3
Thomas Karam over three months ago via Macroaxis 
Equitrans Midstream exotic insider transaction detected
Kirk Oliver over three months ago via Macroaxis 
Exercise or conversion by Kirk Oliver of 9178 shares of Equitrans Midstream subject to Rule 16b-3
Thomas Karam over three months ago via Macroaxis 
Equitrans Midstream exotic insider transaction detected
Norman Szydlowski over six months ago via Macroaxis 
Acquisition by Norman Szydlowski of 2703 shares of Equitrans Midstream subject to Rule 16b-3
Brian Pietrandrea over six months ago via Macroaxis 
Exercise or conversion by Brian Pietrandrea of 685 shares of Equitrans Midstream subject to Rule 16b-3
Norman Szydlowski over six months ago via Macroaxis 
Acquisition by Norman Szydlowski of 2819 shares of Equitrans Midstream subject to Rule 16b-3
Leland D Mark over a year ago via Macroaxis 
Equitrans Midstream exotic insider transaction detected
Collawn Patricia K over a year ago via Macroaxis 
Acquisition by Collawn Patricia K of 3109 shares of Equitrans Midstream subject to Rule 16b-3

Equitrans Midstream Predictive Daily Indicators

Equitrans Midstream intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Equitrans Midstream stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Equitrans Midstream Forecast Models

Equitrans Midstream time-series forecasting models is one of many Equitrans Midstream's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Equitrans Midstream's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Equitrans Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Equitrans Midstream stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Equitrans shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Equitrans Midstream. By using and applying Equitrans Stock analysis, traders can create a robust methodology for identifying Equitrans entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.88  0.74 
Gross Margin 1.03  1.06 
Profit Margin 0.22  0.24 
Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania. Equitrans Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 771 people.

Current Equitrans Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Equitrans analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Equitrans analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
11.92Hold6Odds
Equitrans Midstream Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Equitrans analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Equitrans stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Equitrans Midstream Corp, talking to its executives and customers, or listening to Equitrans conference calls.
Equitrans Analyst Advice Details

Equitrans Stock Analysis Indicators

Equitrans Midstream Corp stock analysis indicators help investors evaluate how Equitrans Midstream stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Equitrans Midstream shares will generate the highest return on investment. By understating and applying Equitrans Midstream stock analysis, traders can identify Equitrans Midstream position entry and exit signals to maximize returns.
Quick Ratio1.41
Trailing Annual Dividend Rate0.60
Fifty Two Week Low6.23
Revenue Growth-2.30%
Payout Ratio95.24%
Average Daily Volume Last 10 Day3.23M
Shares Short Prior Month7M
Average Daily Volume In Three Month3.41M
Earnings Growth-51.50%
Shares Percent Shares Out2.49%
Earnings Quarterly Growth-46.90%
Gross Margins89.49%
Forward Price Earnings11.20
Short Percent Of Float2.82%
Float Shares405.63M
Fifty Two Week High11.52
Fifty Day Average10.16
Enterprise Value To Ebitda10.84
Two Hundred Day Average9.29
Enterprise Value To Revenue8.64
Trailing Annual Dividend Yield5.39%
Continue to Investing Opportunities. Note that the Equitrans Midstream Corp information on this page should be used as a complementary analysis to other Equitrans Midstream's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Equitrans Stock analysis

When running Equitrans Midstream Corp price analysis, check to measure Equitrans Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equitrans Midstream is operating at the current time. Most of Equitrans Midstream's value examination focuses on studying past and present price action to predict the probability of Equitrans Midstream's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Equitrans Midstream's price. Additionally, you may evaluate how the addition of Equitrans Midstream to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Is Equitrans Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equitrans Midstream. If investors know Equitrans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equitrans Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Equitrans Midstream Corp is measured differently than its book value, which is the value of Equitrans that is recorded on the company's balance sheet. Investors also form their own opinion of Equitrans Midstream's value that differs from its market value or its book value, called intrinsic value, which is Equitrans Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equitrans Midstream's market value can be influenced by many factors that don't directly affect Equitrans Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equitrans Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine Equitrans Midstream value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equitrans Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.