Is Enterprise Products Partners L P (NYSE:EPD) being unfairly punished by investors?

In yesterday’s Wall Street session, Enterprise Products Partners L P (NYSE:EPD) shares traded at $33.65, up 2.40% from the previous session.

EPD stock price is now 12.45% away from the 50-day moving average and 15.84% away from the 200-day moving average. The market capitalization of the company currently stands at $74.69B.

, while ‘Pickering Energy Partners’ rates the stock as ‘Outperform’

In other news, TEAGUE AJ, CO-CHIEF EXECUTIVE OFFICER bought 4,180 shares of the company’s stock on Aug 27 ’24. The stock was bought for $122,681 at an average price of $29.35. Upon completion of the transaction, the CO-CHIEF EXECUTIVE OFFICER now directly owns 74,911 shares in the company, valued at $2.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 19 ’23, Co-Chief Executive Officer TEAGUE AJ bought 2,410 shares of the business’s stock. A total of $63,076 was incurred on buying the stock at an average price of $26.17. This leaves the insider owning 6,060 shares of the company worth $0.2 million. A total of 33.05% of the company’s stock is owned by insiders.

During the past 12 months, Enterprise Products Partners L P has had a low of $25.96 and a high of $33.22. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 1.07, and a quick ratio of 0.83. According to the stock market information, the enterprise value for the company is $104713895936, which is based on a 12.62 price-to-earnings ratio, a 2.07 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for EPD is $29.8422 and a two-hundred day moving average price translates $29.0114 for the stock.

The latest earnings results from Enterprise Products Partners L P (NYSE: EPD) was released for 2024-09-30. The net profit margin was 10.35% and return on equity was 20.93% for EPD. The company reported revenue of $13.78 billion for the quarter, compared to $12.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.81 percent.

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