Enterprise Products Partners L P (NYSE: EPD) has seen a rise in its stock price by 0.02 in relation to its previous close of 32.82. However, the company has experienced a 4.24% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-25 that Many of us expected REITs to explode higher when the Fed would start to decrease interest rates. Rising long-term yields have quite quickly destroyed these expectations. In this article, I describe two indicators, which imply elevated risks for REITs. In my view, the risks are high for REITs to decline.
Is It Worth Investing in Enterprise Products Partners L P (NYSE: EPD) Right Now?
The price-to-earnings ratio for Enterprise Products Partners L P (NYSE: EPD) is 12.31x, which is above its average ratio. Moreover, the 36-month beta value for EPD is 1.04. Analysts have varying opinions on the stock, with 12 analysts rating it as a “buy,” 11 as “overweight,” 3 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for EPD is 1.45B and currently, short sellers hold a 1.34% of that float. On November 25, 2024, EPD’s average trading volume was 3.47M shares.
EPD’s Market Performance
EPD stock saw an increase of 4.24% in the past week, with a monthly gain of 13.00% and a quarterly increase of 12.49%. The volatility ratio for the week is 1.39%, and the volatility levels for the last 30 days are 1.25% for Enterprise Products Partners L P (EPD). The simple moving average for the last 20 days is 7.43% for EPD stock, with a simple moving average of 13.26% for the last 200 days.
Analysts’ Opinion of EPD
Many brokerage firms have already submitted their reports for EPD stocks, with BofA Securities repeating the rating for EPD by listing it as a “Buy.” The predicted price for EPD in the upcoming period, according to BofA Securities is $35 based on the research report published on October 17, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see EPD reach a price target of $28. The rating they have provided for EPD stocks is “Neutral” according to the report published on October 06th, 2023.
EPD Trading at 10.21% 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 -0.06% of loss for the given period.
Volatility was left at 1.25%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares surge +12.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.78% upper at present.
During the last 5 trading sessions, EPD rose by +4.45%, which changed the moving average for the period of 200-days by +25.39% in comparison to the 20-day moving average, which settled at $30.56. In addition, Enterprise Products Partners L P saw 24.57% 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
- 0.12 for the gross margin
The net margin for Enterprise Products Partners L P stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 20.93, with 8.01 for asset returns.
Based on Enterprise Products Partners L P (EPD), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is 5.18.
Currently, EBITDA for the company is 9.12 billion with net debt to EBITDA at 3.13. When we switch over and look at the enterprise to sales, we see a ratio of 1.79. The receivables turnover for the company is 6.89for trailing twelve months and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
To wrap up, the performance of Enterprise Products Partners L P (EPD) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
