The price of Enterprise Products Partners L P (NYSE:EPD) shares last traded on Wall Street rose 1.16% to $34.04.
EPD stock price is now 4.91% away from the 50-day moving average and 13.93% away from the 200-day moving average. The market capitalization of the company currently stands at $73.78B.
With the price target of $33, Scotiabank recently initiated with Sector Perform rating for Enterprise Products Partners L P (NYSE: EPD). , while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
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 $2.55 million. A total of 33.09% of the company’s stock is owned by insiders.
During the past 12 months, Enterprise Products Partners L P has had a low of $26.12 and a high of $34.63. 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 $105559252992, which is based on a 12.77 price-to-earnings ratio, a 1.97 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for EPD is $32.3834 and a two-hundred day moving average price translates $29.8532 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.
