During the afternoon session, Enbridge moved -0.3%, compared to 0.07% for the S&P 500.
Enbridge Inc. is an energy infrastructure company. The company is now trading -11.34% away from its average analyst target price of $43.7 per share. The 7 analysts following the stock have set target prices ranging from $40.38 to $47.72, and on average give Enbridge a rating of buy.
Over the last year, ENB shares have gone down by -7.48%, which represents a difference of -3.78% when compared to the S&P 500. The stock's 52 week high is $45.46 per share and its 52 week low is $33.91. Based on Enbridge's average gross margin growth of 2.04% over the last four years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Revenue (k) | Cost of Revenue (k) | Gross Margin | YoY Growth |
|---|---|---|---|---|
| 2022-12-31 | $53,309,000 | $32,589,000 | 38.87% | -0.38% |
| 2021-12-31 | $47,071,000 | $28,702,000 | 39.02% | -17.19% |
| 2020-12-31 | $39,087,000 | $20,669,000 | 47.12% | 23.74% |
| 2019-12-31 | $50,069,000 | $31,004,000 | 38.08% | 4.02% |
| 2018-12-31 | $46,378,000 | $29,401,000 | 36.61% | n/a |
