Enterprise Products Partners L P (NYSE:EPD) shares traded 0.26% higher at $30.53 on Wall Street last session.
EPD stock price is now -0.98% away from the 50-day moving average and 3.80% away from the 200-day moving average. The market capitalization of the company currently stands at $66.18B.
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With the price target maintained at $35, Wells Fargo recently Downgraded its rating from Overweight to Equal Weight for Enterprise Products Partners L P (NYSE: EPD). , while ‘Goldman’ rates the stock as ‘Neutral’
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 $2.29 million. A total of 33.09% of the company’s stock is owned by insiders.
During the past 12 months, Enterprise Products Partners L P has had a low of $26.02 and a high of $34.63. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 1.07, and a quick ratio of 0.83. According to the stock market information, the enterprise value for the company is $97951064064, which is based on a 11.45 price-to-earnings ratio, a 1.88 price-to-earnings-growth ratio, and a beta of 1.07. The fifty day moving average price for EPD is $30.833 and a two-hundred day moving average price translates $29.4135 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 10.35% and return on equity was 20.93% for EPD. The company reported revenue of $13.78 billion for the quarter, compared to $12.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.81 percent.
