Enterprise Products Partners L P (NYSE: EPD) on Friday, soared 1.29% from the previous trading day, before settling in for the closing price of $31.06. Within the past 52 weeks, EPD’s price has moved between $27.37 and $34.63.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 11.35%. The company achieved an average annual earnings per share of 3.70%. With a float of $1.44 billion, this company’s outstanding shares have now reached $2.17 billion.
The extent of productivity of a business whose workforce counts for 7800 workers is very important to gauge. In terms of profitability, gross margin is 12.41%, operating margin of 12.52%, and the pretax margin is 10.5%.
Enterprise Products Partners L P (EPD) Insider and Institutional Ownership
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 24.72%. 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
According to the Wall Street analysts, stocks earnings will be around 3.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.43% 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 1.21. Likewise, its price to free cash flow for the trailing twelve months is 17.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.66, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 3.01 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 4.14 million was inferior to 5.04 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.52%. Additionally, its Average True Range was 0.62.
During the past 100 days, Enterprise Products Partners L P’s (EPD) raw stochastic average was set at 54.59%, which indicates a significant increase from 44.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.85% in the past 14 days, which was lower than the 24.74% 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 $31.36. Now, the first resistance to watch is $31.65. This is followed by the second major resistance level at $31.83. The third major resistance level sits at $32.12. If the price goes on to break the first support level at $31.18, it is likely to go to the next support level at $30.89. The third support level lies at $30.71 if the price breaches the second support level.
Enterprise Products Partners L P (NYSE: EPD) Key Stats
Market capitalization of the company is 68.23 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.
