Is There More Upside Ahead For Enterprise Products Partners L P (NYSE: EPD)

Enterprise Products Partners L P (EPD) concluded trading on Wednesday at a closing price of $30.39, with 4.87 million shares of worth about $148.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.37% during that period and on November 13, 2024 the price saw a loss of about -0.13%. Currently the company’s common shares owned by public are about 2.17B shares, out of which, 1.45B shares are available for trading.

Stock saw a price change of 1.40% in past 5 days and over the past one month there was a price change of 4.18%. Year-to-date (YTD), EPD shares are showing a performance of 15.33% which increased to 16.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.90 but also hit the highest price of $30.68 during that period. The average intraday trading volume for Enterprise Products Partners L P shares is 3.52 million. The stock is currently trading 3.24% above its 20-day simple moving average (SMA20), while that difference is up 3.51% for SMA50 and it goes to 5.65% higher than SMA200.

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

Enterprise Products Partners L P (NYSE: EPD) currently have 2.17B outstanding shares and institutions hold larger chunk of about 25.32% of that.

The stock has a current market capitalization of $65.87B and its 3Y-monthly beta is at 1.02. PE ratio of stock for trailing 12 months is 11.40, while it has posted earnings per share of $2.67 in the same period. Its PEG reads 1.87 and has Quick Ratio of 0.83 while making debt-to-equity ratio of 1.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EPD, volatility over the week remained 1.06% while standing at 1.06% over the month.

Stock’s fiscal year EPS is expected to rise by 6.78% while it is estimated to increase by 6.18% in next year. EPS is likely to grow at an annualized rate of 6.11% for next 5-years, compared to annual growth of 5.54% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on October 17, 2024 offering a Buy rating for the stock and assigned a target price of $35 to it. Coverage by Goldman stated Enterprise Products Partners L P (EPD) stock as a Neutral in their note to investors on October 06, 2023, suggesting a price target of $28 for the stock. Stock get an Outperform rating from Wolfe Research on January 09, 2023.

Most Popular

Related Posts