Enterprise Products Partners L P (NYSE: EPD) is -4.97% lower on its value in year-to-date trading and has touched a low of $27.37 and a high of $34.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EPD stock was last observed hovering at around $30.85 in the last trading session, with the day’s loss setting it -1.05%.
Currently trading at $29.80, the stock is -10.77% and -10.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.4 million and changing -3.40% at the moment leaves the stock -3.84% off its SMA200. EPD registered 0.10% gain for a year compared to 6-month gain of 0.54%. The firm has a 50-day simple moving average (SMA 50) of $33.338 and a 200-day simple moving average (SMA200) of $30.99055.
The stock witnessed a -10.94% loss in the last 1 month and extending the period to 3 months gives it a -6.38%, and is -12.71% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.92% over the week and 2.43% over the month.
Enterprise Products Partners L P (EPD) has around 7800 employees, a market worth around $64.54B and $55.68B in sales. Current P/E ratio is 11.08 and Fwd P/E is 9.65. Profit margin for the company is 10.52%. Distance from 52-week low is 8.88% and -13.95% from its 52-week high. The company has generated returns on investments over the last 12 months (9.78%).
with sales reaching $14.05B over the same period.The EPS is expected to grow by 7.97% this year, but quarterly earnings will post 3.64% year-over-year. Quarterly sales are estimated to shrink -4.81% in year-over-year returns.
Enterprise Products Partners L P (EPD) Top Institutional Holders
1549.0 institutions hold shares in Enterprise Products Partners L P (EPD), with institutional investors hold 38.40% of the company’s shares. The shares outstanding are 2.17B, and float is at 1.45B with Short Float at 1.63%. Institutions hold 25.77% of the Float.
The top institutional shareholder in the company is ALPS ADVISORS INC with over 38.39 million shares valued at $1.11 billion. The investor’s holdings represent 1.7684% of the EPD Shares outstanding. As of 2024-06-30, the second largest holder is INVESCO LTD. with 25.5 million shares valued at $739.08 million to account for 1.1753 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 22.56 million shares representing 1.0391% and valued at over $653.73 million, while BLACKSTONE INC. holds 1.0278 of the shares totaling 22.31 million with a market value of $646.67 million.
Enterprise Products Partners L P (EPD) Insider Activity
The most recent transaction is an insider purchase by TEAGUE AJ, the company’s CO-CHIEF EXECUTIVE OFFICER. SEC filings show that TEAGUE AJ bought 4,180 shares of the company’s common stock on Aug 27 ’24 at a price of $29.35 per share for a total of $0.12 million. Following the purchase, the insider now owns 74911.0 shares.
