Currently, there are 2.17B common shares owned by the public and among those 1.45B shares have been available to trade.
The company’s stock has a 5-day price change of 4.76% and 13.58% over the past three months. EPD shares are trading 6.66% year to date (YTD), with the 12-month market performance up to 24.81% higher. It has a 12-month low price of $26.12 and touched a high of $34.63 over the same period. EPD has an average intraday trading volume of 4.07 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.80%, 5.81%, and 12.84% respectively.
Institutional ownership of Enterprise Products Partners L P (NYSE: EPD) shares accounts for 25.31% of the company’s 2.17B shares outstanding.
It has a market capitalization of $72.51B and a beta (3y monthly) value of 1.05. The stock’s trailing 12-month PE ratio is 12.55, while the earnings-per-share (ttm) stands at $2.67. The company has a PEG of 2.66 and a Quick Ratio of 0.83 with the debt-to-equity ratio at 1.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.02% over the week and 1.68% over the month.
Analysts forecast that Enterprise Products Partners L P (EPD) will achieve an EPS of 0.71 for the current quarter, 0.73 for the next quarter and 2.89 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.68 while analysts give the company a high EPS estimate of 0.68. Comparatively, EPS for the current quarter was 0.72 a year ago. Earnings per share for the fiscal year are expected to increase by 6.20%, and 7.48% over the next financial year. EPS should shrink at an annualized rate of 4.72% over the next five years, compared to 5.54% over the past 5-year period.
Looking at the support for the EPD, a number of firms have released research notes about the stock. Scotiabank stated their Sector Perform rating for the stock in a research note on January 10, 2025, with the firm’s price target at $33. Wells Fargo was of a view on December 18, 2024 that the stock is Equal Weight, while BofA Securities gave the stock Buy rating on October 17, 2024, issuing a price target of $35. Goldman on their part issued Neutral rating on October 06, 2023.
