In the past week, EPD stock has gone up by 6.66%, with a monthly gain of 17.93% and a quarterly surge of 17.60%. The volatility ratio for the week is 2.45%, and the volatility levels for the last 30 days are 1.51% for Enterprise Products Partners L P The simple moving average for the past 20 days is 10.48% for EPD’s stock, with a 18.63% simple moving average for the past 200 days.
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 above average at 12.94x. The 36-month beta value for EPD is also noteworthy at 1.05. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 11 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for EPD is 1.45B, and at present, short sellers hold a 1.48% of that float. The average trading volume of EPD on November 29, 2024 was 3.61M shares.
EPD) stock’s latest price update
Enterprise Products Partners L P (NYSE: EPD) has seen a rise in its stock price by 2.54 in relation to its previous close of 33.65. However, the company has experienced a 6.66% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-29 that Enterprise Products Partners L.P. is unlikely to cut its distribution, given its strong debt rating and history of raising distributions. The company’s debt level is not a concern, with the highest debt rating in the midstream industry. Enterprise Products Partners can borrow to pay distributions if necessary.
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 14.91% 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 able to rebound, for now settling with 1.94% of gains for the given period.
Volatility was left at 1.51%, however, over the last 30 days, the volatility rate increased by 2.45%, as shares surge +20.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.47% upper at present.
During the last 5 trading sessions, EPD rose by +6.72%, which changed the moving average for the period of 200-days by +29.36% in comparison to the 20-day moving average, which settled at $31.23. In addition, Enterprise Products Partners L P saw 30.95% 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 9.05 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 1.86. 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
In summary, Enterprise Products Partners L P (EPD) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
