Investor Attention and Options Market Predictions for Energy Transfer (ET) Stock

Energy Transfer LP (ET) has been attracting investor attention as one of the most searched-for stocks on Zacks.com. The stock has returned -3.4% over the past month, underperforming the Zacks S&P 500 composite. Analysts' earnings estimates for the company have been revised downward for the current quarter and fiscal year, but upward for the next fiscal year. The consensus sales estimate for the current quarter indicates a year-over-year increase of +14.3%. Energy Transfer LP reported a surprise revenue decrease of -4.34% in the last reported quarter. The stock is currently trading at a discount to its peers, according to the Zacks Value Style Score. With a Zacks Rank #3 (Hold), the stock is expected to perform in line with the broader market in the near term.