Market Insight: Enterprise Products Partners L P (EPD)’s Notable Drop, Closing at 29.00

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

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

In the latest session, Enterprise Products Partners L P (NYSE: EPD) closed at $29.00 down -0.45% from its previous closing price of $29.13. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 4.4 million shares were traded. EPD stock price reached its highest trading level at $29.33 during the session, while it also had its lowest trading level at $28.95.

Ratios:

For a deeper understanding of Enterprise Products Partners L P’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 70.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.03.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 19 ’23 when TEAGUE AJ bought 2,410 shares for $26.17 per share. The transaction valued at 63,076 led to the insider holds 6,060 shares of the business.

Rutherford John R bought 10,000 shares of EPD for $259,639 on Nov 09 ’23. The Director now owns 137,423 shares after completing the transaction at $25.96 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EPD now has a Market Capitalization of 62938697728 and an Enterprise Value of 94456750080. As of this moment, Enterprise’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.07, and their Forward P/E ratio for the next fiscal year is 10.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 1.722 whereas that against EBITDA is 10.249.

Stock Price History:

Over the past 52 weeks, EPD has reached a high of $30.05, while it has fallen to a 52-week low of $25.61. The 50-Day Moving Average of the stock is -0.12%, while the 200-Day Moving Average is calculated to be 3.84%.

Shares Statistics:

For the past three months, EPD has traded an average of 4.24M shares per day and 5703050 over the past ten days. A total of 2.17B shares are outstanding, with a floating share count of 1.45B. Insiders hold about 33.17% of the company’s shares, while institutions hold 25.48% stake in the company. Shares short for EPD as of 1722384000 were 10880028 with a Short Ratio of 2.56, compared to 1719532800 on 14862559. Therefore, it implies a Short% of Shares Outstanding of 10880028 and a Short% of Float of 0.75.

Dividends & Splits

According to the company, the forward annual dividend rate for EPD is 2.06, from 2.055 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07054583The stock’s 5-year Average Dividend Yield is 7.87.

Most Popular