Enterprise Products Partners L P (NYSE: EPD) has a higher price-to-earnings ratio of 11.12x compared to its average ratio, The 36-month beta value for EPD is at 1.01. Analysts have varying views on the stock, with 11 analysts rating it as a “buy,” 11 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for EPD is 1.43B, and currently, shorts hold a 1.07% of that float. The average trading volume for EPD on May 07, 2024 was 4.79M shares.
EPD) stock’s latest price update
Enterprise Products Partners L P (NYSE: EPD)’s stock price has soared by 0.96 in relation to previous closing price of 28.10. Nevertheless, the company has seen a loss of -0.77% in its stock price over the last five trading days. The Motley Fool reported 2024-05-06 that Enterprise Products Partners owns a portfolio of energy infrastructure and has a fee-based business. Chevron is diversified across the entire energy value chain and has a rock-solid balance sheet.
EPD’s Market Performance
Enterprise Products Partners L P (EPD) has seen a -0.77% fall in stock performance for the week, with a -4.57% decline in the past month and a 7.75% surge in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 1.47% for EPD.. The simple moving average for the past 20 days is -1.18% for EPD’s stock, with a 4.26% simple moving average for the past 200 days.
Analysts’ Opinion of EPD
Many brokerage firms have already submitted their reports for EPD stocks, with Goldman repeating the rating for EPD by listing it as a “Neutral.” The predicted price for EPD in the upcoming period, according to Goldman is $28 based on the research report published on October 06, 2023 of the previous year 2023.
EPD Trading at -0.86% from the 50-Day Moving Average
After a stumble in the market that brought EPD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.40% of loss for the given period.
Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -3.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.49% upper at present.
During the last 5 trading sessions, EPD fell by -0.77%, which changed the moving average for the period of 200-days by +5.46% in comparison to the 20-day moving average, which settled at $28.65. In addition, Enterprise Products Partners L P saw 7.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EPD starting from TEAGUE AJ, who purchase 2,410 shares at the price of $26.17 back on Dec 19 ’23. After this action, TEAGUE AJ now owns 6,060 shares of Enterprise Products Partners L P, valued at $63,076 using the latest closing price.
Rutherford John R, the Director of Enterprise Products Partners L P, purchase 10,000 shares at $25.96 during a trade that took place back on Nov 09 ’23, which means that Rutherford John R is holding 137,423 shares at $259,639 based on the most recent closing price.
Stock Fundamentals for EPD
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.13 for the gross margin
The net margin for Enterprise Products Partners L P stands at 0.11. The total capital return value is set at 0.12. Equity return is now at value 20.24, with 7.90 for asset returns.
Based on Enterprise Products Partners L P (EPD), the company’s capital structure generated 0.99 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 94.69. The interest coverage ratio of the stock is 5.37.
Currently, EBITDA for the company is 8.81 billion with net debt to EBITDA at 3.88. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 6.4for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
In conclusion, Enterprise Products Partners L P (EPD) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
