Scotiabank has recently initiated Enterprise Products Partners LP (EPD) stock to Sector Perform rating, as announced on January 10, 2025, according to Finviz. Earlier, on January 10, 2025, Wolfe Research had reduced the stock from a Outperform to Peer Perform. Wells Fargo also reduced Equal Weight rating with a price target of $35. Additionally, BofA Securities resumed Buy rating on October 17, 2024, with a target price of $35. Goldman analysts, in their report published on October 6, 2023, also resumed Neutral rating and set a price target of $28 for Enterprise Products Partners LP’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Enterprise Products Partners LP (EPD) Stock Trading Recap
On Thursday, Enterprise Products Partners LP (EPD) stock saw a modest uptick, ending the day at $30.64 which represents a slight increase of $0.32 or 1.06% from the prior close of $30.32. The stock opened at $30.5 and touched a low of $30.44 during the day, reaching a high of $31.06. The volume of shares traded was 4.63 million falling short of the average volume of 5.45 million.
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EPD Stock Performance and Moving Averages
In recent trading, Enterprise Products Partners LP (EPD) stock price has shown some volatility, fluctuating 2.58% over the last five trades and 5.33% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 5.18%, and it has plunged by -6.78% in the previous three months. Currently, EPD is trading at 0.69%, -4.34%, and -1.52% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, EPD, a Energy sector stock, is trading -11.52% below its 52-week high but remains 11.95% above its 52-week low. The Average True Range (ATR) (14 days) of 0.84 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Enterprise Products Partners LP’s Profitability and Valuation Ratios
Enterprise Products Partners LP’s profitability metrics reveal financial health. The company currently boasts an operating margin of 11.58% and a profit margin of 10.27%, with a gross margin of 5.18%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Enterprise Products Partners LP’s market capitalization stands at $66.36 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 11.51, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.00. Additionally, the Price-to-Sales Ratio is 1.18, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 2.30, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 33.23% of Enterprise Products Partners LP (EPD)’s shares, while financial institutions hold 25.17%.
