Can Enterprise Products Partners L P’s (EPD) drop of -0.36% in a week be considered a lucky break?

On Monday, Enterprise Products Partners L P (NYSE: EPD) opened lower -0.36% from the last session, before settling in for the closing price of $33.57. Price fluctuations for EPD have ranged from $26.12 to $34.63 over the past 52 weeks.

It was noted that within the last five years, the titan of the Energy sector saw sales topped by 15.63%. Company’s average yearly earnings per share was noted 5.97% at the time writing. With a float of $1.45 billion, this company’s outstanding shares have now reached $2.17 billion.

The extent of productivity of a business whose workforce counts for 7500 workers is very important to gauge. 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

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 33.09%, while institutional ownership is 25.28%. 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 5.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.49% 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 1.29. 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 2.87 in one year’s time.

Technical Analysis of Enterprise Products Partners L P (EPD)

The latest stats from [Enterprise Products Partners L P, EPD] show that its last 5-days average volume of 5.23 million was superior to 4.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 56.42%. Additionally, its Average True Range was 0.58.

During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 80.33%, which indicates a significant increase from 60.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.33% in the past 14 days, which was higher than the 15.58% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $32.25, while its 200-day Moving Average is $29.81. Now, the first resistance to watch is $33.83. This is followed by the second major resistance level at $34.22. The third major resistance level sits at $34.66. If the price goes on to break the first support level at $33.00, it is likely to go to the next support level at $32.56. The third support level lies at $32.17 if the price breaches the second support level.

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 72.51 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.