On Friday, Enterprise Products Partners L P (NYSE: EPD) opened higher 0.91% from the last session, before settling in for the closing price of $30.81. Price fluctuations for EPD have ranged from $25.95 to $30.98 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 10.15%. Company’s average yearly earnings per share was noted 6.71% at the time writing. With a float of $1.45 billion, this company’s outstanding shares have now reached $2.17 billion.
Considering the fact that the conglomerate employs 7500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 12.47%, operating margin of 12.04%, and the pretax margin is 10.6%.
Enterprise Products Partners L P (EPD) Insider Activity
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 25.38%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.72 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.68) by 0.04. 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 6.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.11% 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 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 18.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.67, a number that is poised to hit 0.71 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)
Compared to the last year’s volume of 4.31 million, its volume of 4.54 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 88.93%. Additionally, its Average True Range was 0.38.
During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 93.94%, which indicates a significant increase from 91.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.94% in the past 14 days, which was higher than the 14.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.44, while its 200-day Moving Average is $28.81. Nevertheless, the first resistance level for the watch stands at $31.35 in the near term. At $31.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.90. If the price goes on to break the first support level at $30.80, it is likely to go to the next support level at $30.52. Should the price break the second support level, the third support level stands at $30.25.
Enterprise Products Partners L P (NYSE: EPD) Key Stats
There are currently 2,167,575K shares outstanding in the company with a market cap of 68.00 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 13,775 M and its income totaled 1,418 M.
