In the latest trading session, 1.51 million Enterprise Products Partners L P (NYSE:EPD) shares changed hands as the company’s beta touched 1.01. With the company’s most recent per share price at $28.36 changed hands at -$0.01 or -0.02% at last look, the market valuation stands at $61.50B. EPD’s current price is a discount, trading about -5.75% off its 52-week high of $29.99. The share price had its 52-week low at $25.19, which suggests the last value was 11.18% up since then. When we look at Enterprise Products Partners L P’s average trading volume, we note the 3-month average coming to 4.72 million.
Enterprise Products Partners L P (NYSE:EPD) trade information
Instantly EPD was in red as seen in intraday trades today. With action 1.01%, the performance over the past five days has been green. The drop to weekly highs of 28.64 subtracted -0.02% to the stock’s daily price. The company’s shares are showing year-to-date upside of 7.65%, with the 5-day performance at 1.01% in the green. However, in the 30-day time frame, Enterprise Products Partners L P (NYSE:EPD) is -3.75% down.
Enterprise Products Partners L P (EPD) estimates and forecasts
Data shows that the Enterprise Products Partners L P share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 6.48% over the past 6 months, a 6.72% in annual growth rate that is considerably lower than the industry average of 8.10%. Year-over-year growth is forecast to reach 10.70% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 13.96B. 5 analysts are of the opinion that Enterprise Products Partners L P’s revenue for the current quarter will be 14.27B. The company’s revenue for the corresponding quarters a year ago was 10.65B. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 31.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.54%. The 2024 estimates are for Enterprise Products Partners L P earnings to increase by 8.33%, but the outlook for the next 5-year period is at 8.40% per year.
EPD Dividends
Enterprise Products Partners L P is expected to release its next quarterly earnings report in June. The 7.16% annual yield figure for the share gives it an annual dividend of 2.03. It is important to note, however, that the 7.16% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
