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After finishing at $39.54 in the prior trading day, Enbridge Inc (NYSE: ENB) closed at $38.57, down -2.45%. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 3.93 million shares were traded. ENB stock price reached its highest trading level at $38.83 during the session, while it also had its lowest trading level at $38.45.
Ratios:
Our goal is to gain a better understanding of ENB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.27.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENB now has a Market Capitalization of 83990413312 and an Enterprise Value of 184459100160. As of this moment, Enbridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.13, and their Forward P/E ratio for the next fiscal year is 17.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.62 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 4.239 whereas that against EBITDA is 13.18.
Stock Price History:
The Beta on a monthly basis for ENB is 0.88, which has changed by 0.13392603 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, ENB has reached a high of $39.72, while it has fallen to a 52-week low of $31.03. The 50-Day Moving Average of the stock is 6.08%, while the 200-Day Moving Average is calculated to be 8.52%.
Shares Statistics:
The stock has traded on average 4.79M shares per day over the past 3-months and 5868640 shares per day over the last 10 days, according to various share statistics. A total of 2.18B shares are outstanding, with a floating share count of 2.17B. Insiders hold about 0.11% of the company’s shares, while institutions hold 54.46% stake in the company. Shares short for ENB as of 1722384000 were 25059818 with a Short Ratio of 3.30, compared to 1719532800 on 16418483. Therefore, it implies a Short% of Shares Outstanding of 25059818 and a Short% of Float of 1.15.
Dividends & Splits
In the trailing 12 months, ENB’s forward annual dividend rate was 3.6, compared to 2.67 this year. Against a Trailing Annual Dividend Yield of 0.09260712The stock’s 5-year Average Dividend Yield is 6.89. The current Payout Ratio is 125.12% for ENB, which recently paid a dividend on 2024-05-14 with an ex-dividend date of 1723680000. Stock splits for the company last occurred on 2011-06-01 when the company split stock in a 2:1 ratio.
