Market Watch: Enterprise Products Partners L P (EPD)’s Noteworthy Drop, Closing at 27.74

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

As of close of business last night, Enterprise Products Partners L P’s stock clocked out at $27.74, down -1.21% from its previous closing price of $28.08. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 5.84 million shares were traded. EPD stock price reached its highest trading level at $28.18 during the session, while it also had its lowest trading level at $27.66.

Ratios:

To gain a deeper understanding of EPD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 90.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.84. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 1.07 whereas as Long-Term Debt/Eq ratio is at 1.07.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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. On Aug 04 ’23, another insider, Montgomery William C, who serves as the Director of the company, bought 50,000 shares for $26.60 each. As a result, the insider paid 1,330,025 and bolstered with 114,758 shares of the company.

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 60239073280. As of this moment, Enterprise’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.88, and their Forward P/E ratio for the next fiscal year is 9.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. 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 2.17.

Stock Price History:

Over the past 52 weeks, EPD has reached a high of $29.99, while it has fallen to a 52-week low of $25.19. The 50-Day Moving Average of the stock is -2.97%, while the 200-Day Moving Average is calculated to be 2.01%.

Shares Statistics:

It appears that EPD traded 4.90M shares on average per day over the past three months and 5582510 shares per day over the past ten days. A total of 2.17B shares are outstanding, with a floating share count of 1.43B. Insiders hold about 34.05% of the company’s shares, while institutions hold 24.96% stake in the company. Shares short for EPD as of 1713139200 were 15272228 with a Short Ratio of 3.11, compared to 1710460800 on 17469204. Therefore, it implies a Short% of Shares Outstanding of 15272228 and a Short% of Float of 1.05.

Dividends & Splits

With its trailing 12-month dividend rate of 1.515, EPD has a forward annual dividend rate of 2.03. Against a Trailing Annual Dividend Yield of 0.053952992The stock’s 5-year Average Dividend Yield is 7.82.

Earnings Estimates

The market rating for Enterprise Products Partners L P (EPD) is a result of the insights provided by 13.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.59, while EPS last year was $0.57. The consensus estimate for the next quarter is $0.69, with high estimates of $0.73 and low estimates of $0.63.

Analysts are recommending an EPS of between $2.85 and $2.52 for the fiscal current year, implying an average EPS of $2.71. EPS for the following year is $2.85, with 18.0 analysts recommending between $3.05 and $2.55.

Revenue Estimates

In the current quarter, 5 analysts expect revenue to total $13.95B. It ranges from a high estimate of $14.48B to a low estimate of $12.68B. As of the current estimate, Enterprise Products Partners L P’s year-ago sales were $10.65BFor the next quarter, 5 analysts are estimating revenue of $14.27B. There is a high estimate of $14.71B for the next quarter, whereas the lowest estimate is $13.07B.

A total of 9 analysts have provided revenue estimates for EPD’s current fiscal year. The highest revenue estimate was $59.78B, while the lowest revenue estimate was $50.71B, resulting in an average revenue estimate of $54.59B. In the same quarter a year ago, actual revenue was $49.72BBased on 9 analysts’ estimates, the company’s revenue will be $56.73B in the next fiscal year. The high estimate is $65.36B and the low estimate is $51.72B.

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