Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Enbridge Inc (NYSE: ENB) closed at $44.87 up 0.67% from its previous closing price of $44.57. In other words, the price has increased by $0.67 from its previous closing price. On the day, 3.89 million shares were traded. ENB stock price reached its highest trading level at $44.915 during the session, while it also had its lowest trading level at $44.32.
Ratios:
For a deeper understanding of Enbridge Inc’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 63.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 1.51 whereas as Long-Term Debt/Eq ratio is at 1.42.
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 98169724928 and an Enterprise Value of 208791371776. As of this moment, Enbridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.07, and their Forward P/E ratio for the next fiscal year is 19.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.23 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 3.426 whereas that against EBITDA is 12.73.
Stock Price History:
The Beta on a monthly basis for ENB is 0.73, which has changed by 0.22062027 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, ENB has reached a high of $47.08, while it has fallen to a 52-week low of $34.60. The 50-Day Moving Average of the stock is 1.15%, while the 200-Day Moving Average is calculated to be 6.02%.
Shares Statistics:
For the past three months, ENB has traded an average of 4.21M shares per day and 4594010 over the past ten days. A total of 2.18B shares are outstanding, with a floating share count of 2.18B. Insiders hold about 0.11% of the company’s shares, while institutions hold 51.31% stake in the company. Shares short for ENB as of 1745971200 were 29373543 with a Short Ratio of 7.01, compared to 1743379200 on 30701439. Therefore, it implies a Short% of Shares Outstanding of 29373543 and a Short% of Float of 1.35.
Dividends & Splits
According to the company, the forward annual dividend rate for ENB is 2.65, from 3.683 in the trailing year. Against a Trailing Annual Dividend Yield of 0.08263406The stock’s 5-year Average Dividend Yield is 6.89. The current Payout Ratio is 156.31% for ENB, which recently paid a dividend on 2024-11-15 with an ex-dividend date of 1747267200. Stock splits for the company last occurred on 2011-06-01 when the company split stock in a 2:1 ratio.
