In yesterday’s Wall Street session, Enterprise Products Partners L P (NYSE:EPD) shares traded at $29.05, down -0.03% from the previous session.
EPD stock price is now 5.63% away from the 50-day moving average and 8.15% away from the 200-day moving average. The market capitalization of the company currently stands at $62.99B.
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, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, TEAGUE AJ, Co-Chief Executive Officer bought 2,410 shares of the company’s stock on Dec 19 ’23. The stock was bought for $63,076 at an average price of $26.17. Upon completion of the transaction, the Co-Chief Executive Officer now directly owns 6,060 shares in the company, valued at $0.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 09 ’23, Director Rutherford John R bought 10,000 shares of the business’s stock. A total of $259,639 was incurred on buying the stock at an average price of $25.96. This leaves the insider owning 137,423 shares of the company worth $3.99 million. A total of 34.02% of the company’s stock is owned by insiders.
During the past 12 months, Enterprise Products Partners L P has had a low of $25.19 and a high of $29.09. As of last week, the company has a debt-to-equity ratio of 1.05, a current ratio of 0.93, and a quick ratio of 0.68. According to the stock market information, the enterprise value for the company is $91.88B, which is based on a 11.53 price-to-earnings ratio, a 2.06 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for EPD is $27.55 and a two-hundred day moving average price translates $26.88 for the stock.
The latest earnings results from Enterprise Products Partners L P (NYSE: EPD) was released for Dec, 2023. According to the Oil & Gas Midstream Company, earnings per share came in at $0.72, beating analysts’ expectations of $0.68 by 0.04. This compares to $0.66 EPS in the same period last year. The net profit margin was 11.12% and return on equity was 20.24% for EPD. The company reported revenue of $14.62 billion for the quarter, compared to $13.65 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.12 percent. For the current quarter, analysts expect EPD to generate $13.06B in revenue.
