Enbridge Inc (NYSE: ENB): Analyst View Points To Future Growth

Enbridge Inc (ENB) concluded trading on Wednesday at a closing price of $42.49, with 4.61 million shares of worth about $196.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 5.75% during that period and on March 05, 2025 the price saw a gain of about 2.26%. Currently the company’s common shares owned by public are about 2.18B shares, out of which, 2.18B shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Stock saw a price change of 1.77% in past 5 days and over the past one month there was a price change of -1.00%. Year-to-date (YTD), ENB shares are showing a performance of 0.14% which increased to 22.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $32.85 but also hit the highest price of $45.78 during that period. The average intraday trading volume for Enbridge Inc shares is 4.20 million. The stock is currently trading -1.32% below its 20-day simple moving average (SMA20), while that difference is down -1.80% for SMA50 and it goes to 5.60% higher than SMA200.

Enbridge Inc (NYSE: ENB) currently have 2.18B outstanding shares and institutions hold larger chunk of about 51.07% of that.

The stock has a current market capitalization of $92.59B and its 3Y-monthly beta is at 0.79. PE ratio of stock for trailing 12 months is 24.73, while it has posted earnings per share of $1.72 in the same period. Its PEG reads 3.49 and has Quick Ratio of 0.49 while making debt-to-equity ratio of 1.56. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENB, volatility over the week remained 2.41% while standing at 2.03% over the month.

Stock’s fiscal year EPS is expected to rise by 7.66% while it is estimated to increase by 6.37% in next year. EPS is likely to grow at an annualized rate of 7.08% for next 5-years, compared to annual growth of -2.98% made by the stock over the past 5-years.

Stock get a Buy rating from Jefferies on February 27, 2024.

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