Value gained By Enterprise Products Partners L.P. (EPD) In The Past Week: $24.17

Enterprise Products Partners L.P. (NYSE:EPD) trading with an addition of $0.12 to $24.14 on Thursday, an upside of 0.49 percent. An average of 4,763,619 shares of common stock have been traded in the last five days. There was a gain of $0.99 in the past week, and it reached a new high 36 times over the past 12 months. The last 20 days have seen an average of 7,729,360 shares traded, while the 50-day average volume stands at 6,388,978.

EPD stock has increased by 8.00% in the last month. The company shares reached their 1-month lowest point of $21.17 on 09/20/21. With the stock rallying to its 52-week high on 06/14/21, shares of the company touched a low of $16.01 and a high of $25.69 in 52 weeks. It has reached a new high 23 times so far this year and achieved 22.61% or $4.52 in price. In spite of this, the price is down -6.04% from the 52-week high.


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Insider Transactions

225 days have passed since Enterprise Products Partners L.P. (EPD) last reported insider trading activity. WILLIAMS RANDA DUNCAN, who is Director, most recently acquired $15,412 shares at $1000.00 per share on Mar 03.

Valuation Metrics

Enterprise Products Partners L.P. (EPD) has a trailing price-to-earnings (P/E) ratio of 13.88, which compares with the 18.90 for the broader industry and 19.86 for the sector. In the last five years, Enterprise Products Partners L.P.’s PE ratio has ranged between 24.88 and 5.899. The stock’s beta is 1.33. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.58, the price-to-book (PB) ratio at 2.12, and the price-to-cash flow ratio at 268.31.

Enterprise Products Partners L.P. pays a $1.80 dividend per share annually. It offers a dividend yield of 7.46%. The company has a payout ratio of 102.70%. The company’s most recent quarterly dividend payment was $0.45 a share, without any change from last year. Its dividend has been increased for the last 1 consecutive years with the latest increase dividend $0.0050 reported on Thursday January 7 2021. Dividends have grown by 6.75% each year over the last three years.

Enterprise Products Partners L.P. will next go ex-dividend on 28-Oct-2021. The next dividend payment Enterprise Products Partners L.P. will make is expected to be $0.45.

The quick ratio of Enterprise Products Partners L.P. for the three months ended June 29 was 0.70, and the current ratio was 1.00, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.10 and a total debt to equity ratio of 1.15 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 26.90% against a 5-year average of 15.3%. Enterprise Products Partners L.P.’s EBITDA margin for the year ending June 29 is 26.57%, while its operating margin for the same period stands at 16.20%. Its gross profit as reported stood at $4.83 billion compared to revenue of $27.2 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Enterprise Products Partners L.P.’s return on assets was 5.90%, compared to 6.3% over the last five years. In the past year, the return on investment has been 9.50%, and the 5-year average is 9.3%. Meanwhile, the return on equity (ROE) for the past 12 months has been 15.40% and the 5-year average holds at 15.3%. For the broader industry, ROE averaged 12.45 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Enterprise Products Partners L.P. had $27.15 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.11 billion in the quarter, while revenues of $1.34 billion were shrunk -21.38%. The analyst consensus anticipated Enterprise Products Partners L.P.’s latest quarter earnings to come in at $0.5 per share, but it turned out to be $0.5, a 0.00% surprise. For the quarter, EBITDA amounted to $2.11 billion. Shareholders own equity worth $2.19 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Enterprise Products Partners L.P. (EPD) price momentum. RSI 9-day as of the close on 13 October was 79.32%, suggesting the stock is Overbought, with historical volatility in this time frame at 19.03%.

As of today, EPD’s price is $23.83 +4.28% or $0.99 from its 5-day moving average. EPD is currently trading +8.68% higher than its 20-day SMA and +0.86% higher than its 100-day SMA. However, the stock’s current price level is +8.38% above the SMA50 and +22.60% above the SMA200.

The stochastic %K and %D were 99.18% and 96.47%, respectively, and the average true range (ATR) was 0.44. With the 14-day stochastic at 97.94% and the average true range at 0.45, the RSI (14) stands at 71.73%. The stock has reached 0.61 on the 9-day MACD Oscillator while the 14-day reading was at 1.20.

Analyst Ratings

The consensus rating for Enterprise Products Partners L.P. (EPD) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EPD, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 24 others rate it as a “buy”.

What is EPD’s price target for the next 12 months?

Analysts predict a range of price targets between $24.00 and $32.00, with a median target of $29.00. Taking a look at these predictions, the average price target given by analysts for Enterprise Products Partners L.P. (EPD) stock is $28.28.

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