Enterprise Products Partners L P (NYSE: EPD) on Tuesday, plunged -1.10% from the previous trading day, before settling in for the closing price of $33.64. Within the past 52 weeks, EPD’s price has moved between $27.26 and $34.63.
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A company in the Energy sector has jumped its sales by 15.27% annually for the last half of the decade. The company achieved an average annual earnings per share of 7.29%. 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 Updates
Observing investor behavior towards Oil & Gas Midstream industry stocks is more important than anything else. The insider ownership of Enterprise Products Partners L P is 33.24%, while institutional ownership is 25.10%. 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) Performance Highlights and Predictions
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 7.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.60% during the next five years compared to 5.35% growth over the previous five years of trading.
Enterprise Products Partners L P (NYSE: EPD) Trading Performance Indicators
Enterprise Products Partners L P (EPD) is currently performing well based on its current performance indicators. A quick ratio of 0.83 was reported for the most recent quarter. 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 19.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.69, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.07 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 5.23 million. That was better than the volume of 4.91 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.23%. Additionally, its Average True Range was 0.63.
During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 77.33%, which indicates a significant increase from 45.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.31% in the past 14 days, which was lower than the 17.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $32.65, while its 200-day Moving Average is $30.28. However, in the short run, Enterprise Products Partners L P’s stock first resistance to watch stands at $33.82. Second resistance stands at $34.36. The third major resistance level sits at $34.69. If the price goes on to break the first support level at $32.95, it is likely to go to the next support level at $32.62. Assuming the price breaks the second support level, the third support level stands at $32.08.
Enterprise Products Partners L P (NYSE: EPD) Key Stats
Market capitalization of the company is 72.12 billion based on 2,167,575K outstanding shares. Right now, sales total 56,219 M and income totals 5,901 M. The company made 14,201 M in profit during its latest quarter, and 1,619 M in sales during its previous quarter.
