Energy Transfer (ET) has an average rating of buy and mean price target of $23.12, according to analysts polled by FactSet.
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Price: $19.69, Change: $-0.39, Percent Change: -1.92%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We maintain our 12-month price target of $100, based on 16.7x our FY 27 (Jan.) EPS estimate and above the company's three-year average forward P/E multiple of 11.9x, reflecting our view that the company deserves a peer multiple due to its significant comparable store sale growth and impressive margin expansion in recent quarters. We raise our FY 27 EPS estimate by $0.25 to $6.00 and maintain our FY 28 EPS estimate at $6.25. URBN expects high single-digit revenue growth in FY 27, led by its namesake and Free People brands. The company has been a top performer in apparel over the past 18 months and has seen consistent margin expansion and revenue growth since the pandemic. We believe it is only a matter of time before investors begin to give the company a peer multiple (mid-teens forward P/E). URBN's improving fundamentals and low valuation has led management to begin significant share repurchases ($300M in FQ1), which we see continuing due to the company's strong cash generation and debt-free balance sheet.
Pershing Square (PS) has an average rating of hold and mean price target of $40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $36.50, Change: $+0.83, Percent Change: +2.33%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We maintain a 12-month target of $50, based on a FY 27 (Jul.) P/E of 28.6x, a justified discount to CPRT's five-year average forward P/E of 32.4x. We lower our adjusted EPS estimates to $1.60 from $1.65 for FY 26 and to $1.75 from $1.80 for FY 27. Following a much better-than-expected earnings release from CPRT, we are lowering our estimates but maintaining a Strong Buy and $50 price target. In our view, the biggest positive was CPRT's aggressive buyback activity ($1.41B of stock repurchased in the Apr-Q, a sharp increase from $218M in the prior two quarters) and the fact that both segments posted top-line growth following a quarter in which both service and vehicle sales were lower on a Y/Y basis. The share count reduction should help fuel stronger EPS going forward and set the stage for stronger bottom-line results. Importantly, CPRT's balance sheet still possesses $4.1B of net cash, and we think aggressive buybacks are likely to continue in the near-term. Meanwhile, fundamental headwinds appear to be easing.