Enbridge Inc. (NYSE:ENB) went up by 1.47% from its latest closing price compared to the recent 1-year high of $43.35. The company’s stock price has collected 6.08% of gains in the last five trading sessions. Press Release reported on 01/04/22 that Enbridge Announces Consideration of Hybrid Subordinated Notes Offering
Is It Worth Investing in Enbridge Inc. (NYSE :ENB) Right Now?
Enbridge Inc. (NYSE:ENB) scored a price-to-earnings ratio above its average ratio, recording 18.51 x from its present earnings ratio. Plus, the 36-month beta value for ENB is at 0.87. Opinions of the stock are interesting as 13 analysts out of 23 who provided ratings for Enbridge Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 9 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $43.21, which is $2.42 above the current price. ENB currently public float of 2.02B and currently shorts hold a 0.74% ratio of that float. Today, the average trading volume of ENB was 5.50M shares.
ENB’s Market Performance
ENB stocks went up by 6.08% for the week, with a monthly jump of 9.39% and a quarterly performance of -1.20%, while its annual performance rate touched 22.60%. The volatility ratio for the week stands at 1.93% while the volatility levels for the past 30 days are set at 1.45% for Enbridge Inc.. The simple moving average for the period of the last 20 days is 7.67% for ENB stocks with a simple moving average of 4.96% for the last 200 days.
Analysts’ Opinion of ENB
Many brokerage firms have already submitted their reports for ENB stocks, with Morgan Stanley repeating the rating for ENB by listing it as a “Equal-Weight.” The predicted price for ENB in the upcoming period, according to Morgan Stanley is $60 based on the research report published on January 07th of the current year 2022.
ENB Trading at 5.04% from the 50-Day Moving Average
After a stumble in the market that brought ENB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.63% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares surge +10.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.24% lower at present.
During the last 5 trading sessions, ENB rose by +6.08%, which changed the moving average for the period of 200-days by +11.13% in comparison to the 20-day moving average, which settled at $38.59. In addition, Enbridge Inc. saw 5.78% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ENB
Current profitability levels for the company are sitting at:
- +19.38 for the present operating margin
- +36.75 for the gross margin
The net margin for Enbridge Inc. stands at +8.65. The total capital return value is set at 5.64, while invested capital returns managed to touch 2.68. Equity return is now at value 10.60, with 3.60 for asset returns.
Based on Enbridge Inc. (ENB), the company’s capital structure generated 110.25 points at debt to equity in total, while total debt to capital is 52.44. Total debt to assets is 42.21, with long-term debt to equity ratio resting at 118.43. Finally, the long-term debt to capital ratio is 49.22.
When we switch over and look at the enterprise to sales, we see a ratio of 3.91, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 6.39 and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.