Enterprise Products Partners L P (NYSE:EPD) shares, rose in value, with the stock price up by 0.87% to the previous day’s close as strong demand from buyers drove the stock to $33.50.
Actively observing the price movement in the recent trading, the stock is buoying the session at $33.21, falling within a range of $33.39 and $33.65. The value of beta (5-year monthly) is 1.014 whereas the PE ratio is 12.45 over 12-month period. Referring to stock’s 52-week performance, its high was $34.63, and the low was $26.49. On the whole, EPD has fluctuated by 0.48% over the past month.
With the market capitalization of Enterprise Products Partners L P currently standing at about $72.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.10, with its dividend yield at 6.27%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 59.39B, with a low estimate of 13.9B and a high estimate of 14.96B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.39B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EPD’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.22, with the price of EPD currently trading nearly 0.43% and 2.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.07, while the 7-day volatility ratio is showing 1.59% which for the 30-day chart, stands at 2.09%. Furthermore, Enterprise Products Partners L P (EPD)’s beta value is 1.06, and its average true range (ATR) is 0.67.
A comparison of Enterprise Products Partners L P (EPD) with its peers suggests the former has fared considerably weaker in the market. EPD showed an intraday change of 0.87% in today’s session so far, and over the past year, it grew by 26.94%%.
Data on historical trading for Enterprise Products Partners L P (NYSE:EPD) indicates that the trading volumes over the past 10 days have averaged 5.52 and over the past 3 months, they’ve averaged 4.50 million. According to company’s latest data on outstanding shares, there are 2.17 billion shares outstanding.
Nearly 33.39% of Enterprise Products Partners L P’s shares belong to company insiders and institutional investors own 25.35% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.83 million shares as on 2025-01-15, resulting in a short ratio of 6.03. According to the data, the short interest in Enterprise Products Partners L P (EPD) stood at 157.00 of shares outstanding as of 2025-01-15; the number of short shares registered in 2024-12-13 reached 22.86 million. The stock has risen by 6.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EPD stock heading into the next quarter.
