Sunday, April 11, 2021

Enterprise Products Partners L.P. [EPD] moved down -1.52: Why It’s Important

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Enterprise Products Partners L.P. [NYSE: EPD] closed the trading session at $22.02 on 03/31/21. The day’s price range saw the stock hit a low of $22.01, while the highest price level was $22.54. The company report on March 15, 2021 that Enterprise to Participate in Investor Conferences.

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Enterprise Products Partners L.P. (NYSE: EPD) announced it will host virtual investor meetings at the following conferences:.


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The stocks have a year to date performance of 12.40 percent and weekly performance of -1.56 percent. The stock has been moved at 38.23 percent over the last six months. The stock has performed -1.48 percent around the most recent 30 days and changed 11.95 percent over the most recent 3-months.

If compared to the average trading volume of 8.10M shares, EPD reached to a volume of 7226186 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Enterprise Products Partners L.P. [EPD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EPD shares is $27.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EPD stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for Enterprise Products Partners L.P. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 23, 2020. The new note on the price target was released on November 13, 2020, representing the official price target for Enterprise Products Partners L.P. stock.

The Average True Range (ATR) for Enterprise Products Partners L.P. is set at 0.58, with the Price to Sales ratio for EPD stock in the period of the last 12 months amounting to 1.71. The Price to Book ratio for the last quarter was 1.98, with the Price to Cash per share for the same quarter was set at 0.50.

EPD stock trade performance evaluation

Enterprise Products Partners L.P. [EPD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.56. With this latest performance, EPD shares dropped by -1.48% in over the last four-week period, additionally plugging by 38.23% over the last 6 months – not to mention a rise of 53.99% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EPD stock in for the last two-week period is set at 44.64, with the RSI for the last a single of trading hit 39.92, and the three-weeks RSI is set at 47.88 for Enterprise Products Partners L.P. [EPD]. The present Moving Average for the last 50 days of trading for this stock 22.04, while it was recorded at 22.45 for the last single week of trading, and 19.30 for the last 200 days.

Enterprise Products Partners L.P. [EPD]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Enterprise Products Partners L.P. [EPD] shares currently have an operating margin of +18.66 and a Gross Margin at +19.07. Enterprise Products Partners L.P.’s Net Margin is presently recorded at +14.04.

Return on Total Capital for EPD is now 9.11, given the latest momentum, and Return on Invested Capital for the company is 7.21. Return on Equity for this stock inclined to 15.24, with Return on Assets sitting at 5.95. When it comes to the capital structure of this company, Enterprise Products Partners L.P. [EPD] has a Total Debt to Total Equity ratio set at 124.07. Additionally, EPD Total Debt to Total Capital is recorded at 55.37, with Total Debt to Total Assets ending up at 47.13. Long-Term Debt to Equity for the company is recorded at 118.75, with the Long-Term Debt to Total Capital now at 52.89.

Reflecting on the efficiency of the workforce at the company, Enterprise Products Partners L.P. [EPD] managed to generate an average of $525,049 per employee. Receivables Turnover for the company is 5.49 with a Total Asset Turnover recorded at a value of 0.42.Enterprise Products Partners L.P.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.10.

Earnings per share (EPS) analysis for Enterprise Products Partners L.P. [EPD] stock

With the latest financial reports released by the company, Enterprise Products Partners L.P. posted 0.61/share EPS, while the average EPS was predicted by analysts to be reported at 0.52/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 17.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EPD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Enterprise Products Partners L.P. go to 8.40%.

Enterprise Products Partners L.P. [EPD]: Insider Ownership positions

There are presently around $14,323 million, or 31.10% of EPD stock, in the hands of institutional investors. The top three institutional holders of EPD stocks are: BLACKSTONE GROUP INC with ownership of 73,300,654, which is approximately 4.578% of the company’s market cap and around 0.30% of the total institutional ownership; GOLDMAN SACHS GROUP INC, holding 37,645,004 shares of the stock with an approximate value of $828.94 million in EPD stocks shares; and ALPS ADVISORS INC, currently with $538.98 million in EPD stock with ownership of nearly 16.409% of the company’s market capitalization.

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Positions in Enterprise Products Partners L.P. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 448 institutional holders increased their position in Enterprise Products Partners L.P. [NYSE:EPD] by around 39,360,632 shares. Additionally, 445 investors decreased positions by around 57,943,520 shares, while 183 investors held positions by with 553,135,405 shares. The mentioned changes placed institutional holdings at 650,439,557 shares, according to the latest SEC report filing. EPD stock had 136 new institutional investments in for a total of 11,537,887 shares, while 79 institutional investors sold positions of 4,781,824 shares during the same period.

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