In Tuesday’s Wall Street session, Enterprise Products Partners L P (NYSE:EPD) shares traded at $31.5, down -1.16% from the previous session.
EPD stock price is now 0.35% away from the 50-day moving average and -0.45% away from the 200-day moving average. The market capitalization of the company currently stands at $68.32B.
With the price target of $33, TD Cowen recently initiated with Hold rating for Enterprise Products Partners L P (NYSE: EPD). On January 10, 2025, Scotiabank recently initiated its ‘Sector Perform’ rating on the stock quoting a target price of $33, while ‘Wolfe Research’ rates the stock as ‘Peer Perform’
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 $2.36 million. A total of 33.59% 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 0.86, and a quick ratio of 0.64. According to the stock market information, the enterprise value for the company is $99990667264, which is based on a 11.83 price-to-earnings ratio, a 2.48 price-to-earnings-growth ratio, and a beta of 0.66. The fifty day moving average price for EPD is $31.358 and a two-hundred day moving average price translates $31.6328 for the stock.
The latest earnings results from Enterprise Products Partners L P (NYSE: EPD) was released for 2025-03-31. The net profit margin was 10.27% and return on equity was 20.49% for EPD. The company reported revenue of $15.42 billion for the quarter, compared to $14.76 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.45 percent. For the current quarter, analysts expect EPD to generate $14.64B in revenue.
