At the time of writing, Enterprise Products Partners L P [EPD] stock is trading at $29.03, up 0.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The EPD shares have lost -0.34% over the last week, with a monthly amount drifted -0.75%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On October 03, 2023, Pickering Energy Partners initiated with a Outperform rating. Scotiabank started tracking the stock assigning a Sector Outperform rating. Wolfe Research upgraded its rating to a Outperform but $27 remained the price target by the analyst firm on January 09, 2023. Citigroup started tracking with a Buy rating for this stock on December 09, 2022, and assigned it a price target of $31. In a note dated October 18, 2022, Tudor Pickering Holt & Co. downgraded an Hold rating on this stock but restated the target price of $29.
For the past year, the stock price of Enterprise Products Partners L P fluctuated between $25.61 and $30.05. Currently, Wall Street analysts expect the stock to reach $31.36 within the next 12 months. Enterprise Products Partners L P [NYSE: EPD] shares were valued at $29.03 at the most recent close of the market. An investor can expect a potential return of 8.03% based on the average EPD price forecast.
Analyzing the EPD fundamentals
According to Enterprise Products Partners L P [NYSE:EPD], the company’s sales were 54.48B for trailing twelve months, which represents an 26.09% jump. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.28 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.95 points at the first support level, and at 28.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.15, and for the 2nd resistance point, it is at 29.26.
Ratios To Look Out For
It is important to note that Enterprise Products Partners L P [NYSE:EPD] has a current ratio of 0.91. On the other hand, the Quick Ratio is 0.68, and the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 2.25 and price to earnings (TTM) ratio is 11.08.
Transactions by insiders
Recent insider trading involved TEAGUE AJ, CO-CHIEF EXECUTIVE OFFICER, that happened on Aug 27 ’24 when 4180.0 shares were purchased. Co-Chief Executive Officer, TEAGUE AJ completed a deal on Dec 19 ’23 to buy 2410.0 shares. Meanwhile, Director Rutherford John R bought 10000.0 shares on Nov 09 ’23.
