Enterprise Products Partners L P [EPD] stock prices are down -1.51% to $33.30 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The EPD shares have gain 2.97% over the last week, with a monthly amount glided 15.54%, and seem to be holding up well over a long-time horizon.
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.
The stock price of Enterprise Products Partners L P [EPD] has been fluctuating between $25.96 and $34.63 over the past year. 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 $33.30 at the most recent close of the market. An investor can expect a potential drop of -5.83% based on the average EPD price forecast.
Analyzing the EPD fundamentals
The Enterprise Products Partners L P [NYSE:EPD] reported sales of 56.11B for trailing twelve months, representing a surge of 13.51%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.28 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.13.
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 33.08 points at the first support level, and at 32.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.71, and for the 2nd resistance point, it is at 34.12.
Ratios To Look Out For
It’s worth pointing out that Enterprise Products Partners L P [NYSE:EPD]’s Current Ratio is 1.07. On the other hand, the Quick Ratio is 0.83, and the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 1.29, the price to book ratio is 2.55 and price to earnings (TTM) ratio is 12.49.
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.
