Enterprise Products Partners L P (EPD) concluded trading on Wednesday at a closing price of $32.44, with 3.72 million shares of worth about $120.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.25% during that period and on January 08, 2025 the price saw a gain of about 1.60%. 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 3.44% in past 5 days and over the past one month there was a price change of -1.10%. Year-to-date (YTD), EPD shares are showing a performance of 3.44% which increased to 21.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $26.12 but also hit the highest price of $34.63 during that period. The average intraday trading volume for Enterprise Products Partners L P shares is 3.99 million. The stock is currently trading 2.79% above its 20-day simple moving average (SMA20), while that difference is up 3.32% for SMA50 and it goes to 9.64% higher than SMA200.
Enterprise Products Partners L P (NYSE: EPD) currently have 2.17B outstanding shares and institutions hold larger chunk of about 25.31% of that.
The stock has a current market capitalization of $70.32B and its 3Y-monthly beta is at 1.06. PE ratio of stock for trailing 12 months is 12.17, while it has posted earnings per share of $2.67 in the same period. Its PEG reads 1.99 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 1.40% while standing at 1.54% over the month.
Stock’s fiscal year EPS is expected to rise by 6.27% while it is estimated to increase by 6.80% 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 Wells Fargo on December 18, 2024 offering an Equal weight rating for the stock and assigned a target price of $35 to it. Coverage by BofA Securities stated Enterprise Products Partners L P (EPD) stock as a Buy in their note to investors on October 17, 2024, suggesting a price target of $35 for the stock. Stock get a Sector outperform rating from Scotiabank on March 02, 2023.
