On Tuesday, Enterprise Products Partners L P (NYSE: EPD) opened lower -0.17% from the last session, before settling in for the closing price of $29.00. Price fluctuations for EPD have ranged from $25.61 to $30.05 over the past 52 weeks.
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Annual sales at Energy sector company grew by 10.15% over the past five years. Company’s average yearly earnings per share was noted 6.96% at the time writing. With a float of $1.45 billion, this company’s outstanding shares have now reached $2.17 billion.
Let’s look at the performance matrix of the company that is accounted for 7500 employees. In terms of profitability, gross margin is 12.68%, operating margin of 12.46%, and the pretax margin is 10.8%.
Enterprise Products Partners L P (EPD) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Enterprise Products Partners L P is 33.19%, while institutional ownership is 25.12%. The most recent insider transaction that took place on Aug 27 ’24, was worth 122,681. In this transaction CO-CHIEF EXECUTIVE OFFICER of this company bought 4,180 shares at a rate of $29.35, taking the stock ownership to the 74,911 shares. Before that another transaction happened on Dec 19 ’23, when Company’s Co-Chief Executive Officer bought 2,410 for $26.17, making the entire transaction worth $63,076. This insider now owns 6,060 shares in total.
Enterprise Products Partners L P (EPD) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.6 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.63) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.56% during the next five years compared to 5.54% growth over the previous five years of trading.
Enterprise Products Partners L P (NYSE: EPD) Trading Performance Indicators
Check out the current performance indicators for Enterprise Products Partners L P (EPD). In the past quarter, the stock posted a quick ratio of 0.68. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 17.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.62, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 2.87 in one year’s time.
Technical Analysis of Enterprise Products Partners L P (EPD)
Enterprise Products Partners L P (NYSE: EPD) saw its 5-day average volume 3.4 million, a negative change from its year-to-date volume of 4.3 million. As of the previous 9 days, the stock’s Stochastic %D was 23.55%. Additionally, its Average True Range was 0.34.
During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 58.96%, which indicates a significant increase from 9.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.71% in the past 14 days, which was lower than the 13.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.23, while its 200-day Moving Average is $28.56. Nevertheless, the first resistance level for the watch stands at $29.08 in the near term. At $29.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.33. If the price goes on to break the first support level at $28.83, it is likely to go to the next support level at $28.72. Assuming the price breaks the second support level, the third support level stands at $28.58.
Enterprise Products Partners L P (NYSE: EPD) Key Stats
There are currently 2,171,558K shares outstanding in the company with a market cap of 62.83 billion. Presently, the company’s annual sales total 49,715 M according to its annual income of 5,532 M. Last quarter, the company’s sales amounted to 13,483 M and its income totaled 1,406 M.
