Market Inference Reports — Enbridge (ENB) Stock

Large-cap Energy company Enbridge has logged a 1.7% change Friday on a trading volume of 2,215,257. The average volume for the stock is 4,001,950.

Enbridge Inc. operates as an energy infrastructure company. Based in Calgary, Canada the company has 10,900 full time employees and a market cap of $79,960,145,920. Enbridge currently offers its equity investors a dividend that yields 8.8% per year.

The company is now trading -9.86% away from its average analyst target price of $43.81 per share. The 7 analysts following the stock have set target prices ranging from $39.58 to $47.64, and on average give Enbridge a rating of buy.

Over the last year, ENB shares have gone up 2.7%, which represents a difference of 22.5% when compared to the S&P 500. The stock's 52 week high is $47.67 per share whereas its 52 week low is $35.02. Based on Enbridge's average gross margins growth of 2.6% over the last four years, its core business remains strong and the stock price may maintain this level of performance.

Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 47,071 32,554 30.84 -18.02
2020-12-31 39,087 24,381 37.62 20.19
2019-12-31 50,069 34,395 31.3 5.71
2018-12-31 46,378 32,647 29.61 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.