A new trading day began on Tuesday, with Enterprise Products Partners L P (NYSE: EPD) stock price up 2.80% from the previous day of trading, before settling in for the closing price of $32.54. EPD’s price has ranged from $26.12 to $34.63 over the past 52 weeks.
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A company in the Energy sector has jumped its sales by 15.63% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 6.20%. With a float of $1.45 billion, this company’s outstanding shares have now reached $2.17 billion.
In an organization with 7500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 12.47%, operating margin of 12.22%, and the pretax margin is 10.6%.
Enterprise Products Partners L P (EPD) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Enterprise Products Partners L P is 33.09%, while institutional ownership is 25.31%. 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.
Enterprise Products Partners L P (EPD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.72% 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
Here are Enterprise Products Partners L P’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 19.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.67, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 2.88 in one year’s time.
Technical Analysis of Enterprise Products Partners L P (EPD)
Let’s dig in a bit further. During the last 5-days, its volume was 4.2 million. That was better than the volume of 3.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.39%. Additionally, its Average True Range was 0.57.
During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 80.33%, which indicates a significant decrease from 96.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.34% in the past 14 days, which was higher than the 15.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.61, while its 200-day Moving Average is $29.64. However, in the short run, Enterprise Products Partners L P’s stock first resistance to watch stands at $33.79. Second resistance stands at $34.12. The third major resistance level sits at $34.70. If the price goes on to break the first support level at $32.88, it is likely to go to the next support level at $32.30. The third support level lies at $31.97 if the price breaches the second support level.
Enterprise Products Partners L P (NYSE: EPD) Key Stats
With a market capitalization of 72.51 billion, the company has a total of 2,167,575K Shares Outstanding. Currently, annual sales are 49,715 M while annual income is 5,532 M. The company’s previous quarter sales were 13,775 M while its latest quarter income was 1,418 M.
