Enterprise Products Partners L.P. opened for trading at $27.39 and hit $27.56 on the upside on Wednesday, eventually ending the session at $27.56, with a gain of 0.62% or 0.17 points. The company will report its next earnings on Oct 27 – Oct 31 (Est.). The company reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by $0.04. They expect $0.31 earnings per share, down 8.82% or $0.03 from last year’s $0.34 per share.
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The average volume stands at 4341.77 for Enterprise Products Partners L.P.
Enterprise Product Partners LP approached Williams Companies Inc earlier this summer about an acquisition that would combine the two US oil and gas pipeline companies, according to people familiar with the matter. The monthly performance shows a value of -6.26% alongside the yearly performance of -6.26%. For the current quarter the company has high EPS estimates of $0.36 in contradiction of low EPS estimates of $0.24. They are projecting Next Quarter growth of -2.9%. This is a boost from Enterprise Products Partners L.P.’s previous quarterly dividend of $0.40.
Some buy side analysts are also providing their Analysis on Enterprise Products Partners L.P., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Morgan Stanley downgraded shares of Enterprise Products Partners L.P. from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $33.00 to $30.00 in a report on Thursday. Enterprise Products Partners L.P. has its YTD performance of 4.81 Percent. This depreciation has taken its market cap to $56.08B and a price-to-earnings ratio to 21.41. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $126.72 while the highest price target suggested by the analysts is $142.00 and low price target is $105.00.
The stock is now trading at Distance from 20-Day simple moving Average of -3.13% whereas, Distance from 50-Day Simple moving average is -5.43 Percent and Distance from 200-Day Simple Moving Average of 4.55 percent. The Company Touched its 52-Week High on Jul 14, 2016 and 52-Week Low on Jan 20, 2016. It maintained return on assets (ROA) for the last twelve months at 48.31%.
At present, the ROE is valued at 12.20%, indicating its debt to equity at 1.05.
The return on investment (ROI) is defined to be the amount of money an organization has made or lost in an full-fledged investment – in simple terms.
While looking at the Stock’s Performance, Enterprise Products Partners L.P. now shows a Weekly Performance of 0.3%, where Monthly Performance is -8.53%, Quarterly performance is -0.52%, 6 Months performance is 21% and yearly performance percentage is -5.76%.
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The performance (Year to Date) is now at 4.81%.
