Enterprise Products Partners LP (NYSE:EPD) shares traded 0.11% up during most recent session to reach at the closing price of $27.11. The stock exchanged hands 3.21 Million shares versus average trading capacity of 4.03 Million shares, yielding a market cap of $58.06 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $32.96 within the next 52-weeks. The mean target projections are based on 28 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Enterprise Products Partners LP (NYSE:EPD) high price target of $36 and with a conservative view have low price target of $30.
Guggenheim “Initiates Coverage On” Enterprise Products Partners LP (NYSE:EPD) in a research note issued to investors on 4/18/17 to Buy with price target of $32.
Additionally on 11/16/16 Ladenburg Thalmann “Initiates Coverage On” Enterprise Products Partners LP (NYSE:EPD) to Buy setting price target at $30 and on 10/10/16 Deutsche Bank “Maintained” the stock to Buy. Furthermore on 9/30/16 Mizuho “Initiates Coverage on” the stock to Buy.
On the other hand the company has Relative Strength Index (RSI 14) of 47.41 along with Average True Range (ATR 14) of 0.42, Consequently Enterprise Products Partners LP (NYSE:EPD)’s weekly and monthly volatility is 1.36%, 1.46% respectively. The company’s beta value is at 0.92.
In terms of Buy, Sell or Hold recommendations, Enterprise Products Partners LP (NYSE:EPD) has analysts’ mean recommendation of 1.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Enterprise Products Partners LP (NYSE:EPD)’s minimum EPS for the current quarter is at $0.28 and can go high up to $0.38. The consensus mean EPS for the current quarter is at $0.34 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.27 earnings per share for the same quarter during last year.
Previously Enterprise Products Partners LP (NYSE:EPD) reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. The company posted an earnings surprise of 9.1%.
While considering growth estimates of the company, it has next quarter growth estimates of 16.7% whereas during current quarter it has 25.9% estimations over growth, comparing to the estimations of 17.5% during current year and 9.9% for next year. Past 5 years growth of Enterprise Products Partners LP (NYSE:EPD) observed at -1.33%, looking forward for the next 5 years it has a strong prediction of 8.63% over growth.
Enterprise Products Partners LP (NYSE:EPD)’s revenue estimates for the current quarter are $6.52 Billion according to 8 number of analysts, for the current quarter the company has high revenue estimates of $7.51 Billion in contradiction of low revenue estimates of $5.81 Billion. For the current year the company’s revenue estimates are $27.17 Billion compared to low analyst estimates of $25.42 Billion and high estimates of $30.37 Billion according to 11 number of analysts.
Currently Enterprise Products Partners LP (NYSE:EPD)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 38%. However the six-month change in the insider ownership was recorded 0.35%, as well as three-month change in the institutional ownership was recorded -0.08%.
Enterprise Products Partners LP (NYSE:EPD) 52-week high price stands at $30.25 and low price stands at $24.01, its price distance from 52-week high is -10.38% while its distance from 52-week low price is 12.91%. The stock hit its 52-week high on 01/26/17, and 52-week low on 11/02/16.
Enterprise Products Partners LP (NYSE:EPD)’s trailing twelve month revenues are $25.34 Billion, whereas its price to sales ratio for the same period is 2.28. Its book value per share for the most recent quarter is $10.62 while its price to book ratio for the same period is 2.55, as for as the company’s cash per share for the most recent quarter is $0.03, however its price to cash per share ratio for the same period is 913.65. The stock has 5 year expected PEG ratio of 2.88 whereas its trailing twelve month P/E ratio is 24.83.
