The Enterprise Products Partners L.P. (NYSE:EPD) is going down by -0.35% in today’s trading session, a fall equivalent to -0.09% of the stock’s price from yesterday’s market close. A news came out on 11/25/19 stating that Seaway to Begin Open Season by WSJ. The lowest point that the shares touched during the trading session was $25.85, while the peak of the day was recorded at a share price of $26.38. EPD finished the previous session at $25.96 according to the data provided by Barchart, while the trading volume was observed to be $1491853.
In the 100 days of trading, EPD managed to top a 28.06% Moving average. Additionally, Enterprise Products Partners L.P. shares have achieved a 52-week range between 23.33 and 30.86 alongside 100 days raw stochastic set at 14.86%.
The number of shares outstanding, according to the fundamentals of the company, is set at 2.23B, equal to the value of $57.78B in market capitalization. In the last 30 days, Enterprise Products Partners L.P. shares went down by -3.56%, adding 26.81 to growth in value, on top of a +3.23% boost since 11/01/19.
Enterprise Products Partners L.P. (NYSE:EPD) Analyst’s Estimates
Enterprise Products Partners L.P. (EPD) could record at least $0.54 per share in quarterly earnings in the upcoming report, a number that would actually represent an increase of 2.24 YOY.
According to the average analyst rating, Enterprise Products Partners L.P. would be rated as Buy. Out of 27 different analysts monitoring EPD stock, 26 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 1 indicate that EPD is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On July 17, 2019, the stock earned a Initiated rating due to a new analyst call from Piper Jaffray, while analysts from Johnson Rice believe that the stock is set at Buy, as concluded on May 30, 2019. Goldman, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on April 03, 2019.
Goldman, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on October 09, 2018, giving the stock a Neutral rating.
EPD Key Ratios To Watch:
Beta value of the stock is recorded at 0.84. Additionally, Enterprise Products Partners L.P. is recording price volatility of 1.84% for the period of the last seven days and 1.93% in the last 30 days.
Enterprise Products Partners L.P. (NYSE:EPD) Technical Outlook
For the period of the last 50 days, Enterprise Products Partners L.P. had its Raw Stochastic average set at 18.93% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 45.89%. Stochastic %K for Enterprise Products Partners L.P., with the last 20 days included, was set at 56.85%, having Stochastic %D topping 73.34%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Enterprise Products Partners L.P. stocks with recording 5.57% in metrics.
Enterprise Products Partners L.P. Insider Watch:
Similarly, 55.37% of the company’s float is held by institutions – and there are 1,138 institutions in total holding shares of this company. The top three institutional holders of EPD stocks are: Goldman Sachs Group, Inc. with ownership of $1.48 billion, which is approximately 51702586 of the company’s shares; Harvest Fund Advisors, LLC, holding 51228088 shares of the stock with an approximate value of $1.46 billion; and Tortoise Capital Advisors, LLC, currently with more than 47667261 shares of the company valued at $1.36 billion. Positions in Enterprise Products Partners L.P. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 2 insider purchases amounting to 6625 shares.