Enterprise Products Partners L P (EPD) last month performance of 2.63% certainly makes it a sizzling prospect

Witnessing the stock’s movement on the chart, on Thursday, Enterprise Products Partners L P (NYSE: EPD) set off with pace as it heaved 0.24% to $29.22, before settling in for the price of $29.15 at the close. Taking a more long-term approach, EPD posted a 52-week range of $25.19-$29.99.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Energy sector firm’s annual sales growth was 10.15%. Meanwhile, its Annual Earning per share during the time was 5.54%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.35%. This publicly-traded company’s shares outstanding now amounts to $2.17 billion, simultaneously with a float of $1.43 billion. The organization now has a market capitalization sitting at $63.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.03, while the 200-day Moving Average is $27.05.

Enterprise Products Partners L P (EPD) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Oil & Gas Midstream industry. Enterprise Products Partners L P’s current insider ownership accounts for 34.08%, in contrast to 24.89% institutional ownership. According to the most recent insider trade that took place on Dec 19 ’23, this organization’s Co-Chief Executive Officer bought 2,410 shares at the rate of 26.17, making the entire transaction reach 63,076 in total value, affecting insider ownership by 6,060. Preceding that transaction, on Nov 09 ’23, Company’s Director bought 10,000 for 25.96, making the whole transaction’s value amount to 259,639. This particular insider is now the holder of 137,423 in total.

Enterprise Products Partners L P (EPD) Earnings and Revenue Records

As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.72 earnings per share (EPS) for the period topping the consensus outlook (set at $0.68) by $0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.64 per share during the current fiscal year.

Enterprise Products Partners L P’s EPS increase for this current 12-month fiscal period is 7.35% and is forecasted to reach 2.84 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.40% through the next 5 years, which can be compared against the 5.54% growth it accomplished over the previous five years trading on the market.

Enterprise Products Partners L P (NYSE: EPD) Trading Performance Indicators

Let’s observe the current performance indicators for Enterprise Products Partners L P (EPD). It’s Quick Ratio in the last reported quarter now stands at 0.68. The Stock has managed to achieve an average true range (ATR) of 0.32. Alongside those numbers, its PE Ratio stands at $11.60, and its Beta score is 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.28. Similarly, its price to free cash flow for trailing twelve months is now 14.58.

In the same vein, EPD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.52, a figure that is expected to reach 0.67 in the next quarter, and analysts are predicting that it will be 2.84 at the market close of one year from today.

Technical Analysis of Enterprise Products Partners L P (EPD)

Going through the that latest performance of [Enterprise Products Partners L P, EPD]. Its last 5-days volume of 4.38 million was inferior to the volume of 4.92 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 20.62% While, its Average True Range was 0.31.

Raw Stochastic average of Enterprise Products Partners L P (EPD) in the period of the previous 100 days is set at 80.94%, which indicates a major rise in contrast to 38.89% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 8.71% that was lower than 10.53% volatility it exhibited in the past 100-days period.