Enterprise Products Partners L P (NYSE: EPD) has a higher price-to-earnings ratio of 11.11x compared to its average ratio. EPD has 36-month beta value of 1.01. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 11 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for EPD is 1.45B, and currently, short sellers hold a 1.11% ratio of that float. The average trading volume of EPD on October 01, 2024 was 4.19M shares.
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EPD) stock’s latest price update
Enterprise Products Partners L P (NYSE: EPD)’s stock price has decreased by -0.24 compared to its previous closing price of 29.18. However, the company has seen a -1.15% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-30 that Dividend stocks have been soaring in recent months. However, there is reason to believe that the party may not last much longer. We share our concerns and how we are positioning our portfolio as a result.
EPD’s Market Performance
EPD’s stock has fallen by -1.15% in the past week, with a monthly drop of -0.48% and a quarterly rise of 0.41%. The volatility ratio for the week is 1.27% while the volatility levels for the last 30 days are 1.20% for Enterprise Products Partners L P The simple moving average for the last 20 days is -0.49% for EPD stock, with a simple moving average of 2.82% for the last 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 -0.26% 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 -3.13% of loss for the given period.
Volatility was left at 1.20%, however, over the last 30 days, the volatility rate increased by 1.27%, as shares sank -0.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.97% lower at present.
During the last 5 trading sessions, EPD fell by -1.15%, which changed the moving average for the period of 200-days by +11.92% in comparison to the 20-day moving average, which settled at $29.24. In addition, Enterprise Products Partners L P saw 10.47% 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 4,180 shares at the price of $29.35 back on Aug 27 ’24. After this action, TEAGUE AJ now owns 74,911 shares of Enterprise Products Partners L P, valued at $122,681 using the latest closing price.
TEAGUE AJ, the Co-Chief Executive Officer of Enterprise Products Partners L P, purchase 2,410 shares at $26.17 during a trade that took place back on Dec 19 ’23, which means that TEAGUE AJ is holding 6,060 shares at $63,076 based on the most recent closing price.
Stock Fundamentals for EPD
Current profitability levels for the company are sitting at:
- 0.12 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 20.79, with 8.08 for asset returns.
Based on Enterprise Products Partners L P (EPD), the company’s capital structure generated 0.52 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 1.09. The interest coverage ratio of the stock is 10.41.
Currently, EBITDA for the company is 8.81 billion with net debt to EBITDA at 3.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.71. The receivables turnover for the company is 6.32for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.
Conclusion
To put it simply, Enterprise Products Partners L P (EPD) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
