Stocks of Enterprise Products Partners L P (NYSE:EPD) traded higher last session on Wall Street, down -2.89% to $29.90.
EPD stock price is now -7.77% away from the 50-day moving average and -3.86% away from the 200-day moving average. The market capitalization of the company currently stands at $64.75B.
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 $2.24 million. A total of 33.23% of the company’s stock is owned by insiders.
During the past 12 months, Enterprise Products Partners L P has had a low of $27.37 and a high of $34.63. As of last week, the company has a debt-to-equity ratio of 1.11, a current ratio of 1.00, and a quick ratio of 0.74. According to the stock market information, the enterprise value for the company is $100630003712, which is based on a 11.23 price-to-earnings ratio, a 1.91 price-to-earnings-growth ratio, and a beta of 0.66. The fifty day moving average price for EPD is $32.4186 and a two-hundred day moving average price translates $31.09955 for the stock.
The latest earnings results from Enterprise Products Partners L P (NYSE: EPD) was released for 2024-12-31. The net profit margin was 10.30% and return on equity was 20.78% for EPD. The company reported revenue of $14.2 billion for the quarter, compared to $14.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.88 percent. For the current quarter, analysts expect EPD to generate $14.26B in revenue.
