In yesterday’s Wall Street session, Enterprise Products Partners L P (NYSE:EPD) shares traded at $29.30, up 0.58% from the previous session.
EPD stock price is now 0.27% away from the 50-day moving average and 2.19% away from the 200-day moving average. The market capitalization of the company currently stands at $63.59B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, while ‘Pickering Energy Partners’ rates the stock as ‘Outperform’
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 $2.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 19 ’23, Co-Chief Executive Officer TEAGUE AJ bought 2,410 shares of the business’s stock. A total of $63,076 was incurred on buying the stock at an average price of $26.17. This leaves the insider owning 6,060 shares of the company worth $0.18 million. A total of 33.19% of the company’s stock is owned by insiders.
During the past 12 months, Enterprise Products Partners L P has had a low of $25.88 and a high of $30.05. As of last week, the company has a debt-to-equity ratio of 1.15, a current ratio of 0.91, and a quick ratio of 0.68. According to the stock market information, the enterprise value for the company is $95107842048, which is based on a 10.99 price-to-earnings ratio, a 1.68 price-to-earnings-growth ratio, and a beta of 1.01. The fifty day moving average price for EPD is $29.2224 and a two-hundred day moving average price translates $28.66105 for the stock.
The latest earnings results from Enterprise Products Partners L P (NYSE: EPD) was released for 2024-09-30. The net profit margin was 10.36% and return on equity was 20.79% for EPD. The company reported revenue of $13.48 billion for the quarter, compared to $10.65 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.59 percent.
