Enterprise Products Partners L P (NYSE: EPD) on Monday, plunged -0.63% from the previous trading day, before settling in for the closing price of $31.51. Within the past 52 weeks, EPD’s price has moved between $27.37 and $34.63.
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Annual sales at Energy sector company grew by 5.15% over the past five years. The company achieved an average annual earnings per share of 1.90%. With a float of $1.44 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 7800 employees. In terms of profitability, gross margin is 12.41%, operating margin of 12.82%, and the pretax margin is 10.5%.
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 33.59%, while institutional ownership is 24.71%. 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
According to the Wall Street analysts, stocks earnings will be around 1.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.07% during the next five years compared to 5.15% 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 0.64 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 1.20. Likewise, its price to free cash flow for the trailing twelve months is 17.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.66, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 2.96 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 3.01 million, a negative change from its year-to-date volume of 4.83 million. As of the previous 9 days, the stock’s Stochastic %D was 79.97%.
During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 52.37%, which indicates a significant increase from 35.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.76% in the past 14 days, which was lower than the 23.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.26, while its 200-day Moving Average is $31.57. Nevertheless, the first resistance level for the watch stands at $31.57 in the near term. At $31.83, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.05. If the price goes on to break the first support level at $31.09, it is likely to go to the next support level at $30.87. Assuming the price breaks the second support level, the third support level stands at $30.61.
Enterprise Products Partners L P (NYSE: EPD) Key Stats
Market capitalization of the company is 67.91 billion based on 2,168,903K outstanding shares. Right now, sales total 56,219 M and income totals 5,901 M. The company made 15,417 M in profit during its latest quarter, and 1,394 M in sales during its previous quarter.
