We're taking a closer look at Enbridge today, as the chatter surrounding the stock has increased notably in the last few weeks. Today, its shares moved -0.2% compared to 0.0% for the S&P 500. Increased investor interest and volatility surrounding the stock are not reason enough to buy in -- you should first perform your own due diligence. Here are some figures that can get you started:
-
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company.
-
Enbridge has moved -10.0% over the last year compared to 16.0% for the S&P 500 -- a difference of -26.0%
-
ENB has an average analyst rating of buy and is -21.11% away from its mean target price of $42.63 per share
-
Its trailing 12 month earnings per share (EPS) is $1.39
-
Enbridge has a trailing 12 month Price to Earnings (P/E) ratio of 24.2 while the S&P 500 average is 15.97
-
Its forward earnings per share (EPS) is $2.05 and its forward P/E ratio is 16.4
-
ENB has a Price to Earnings Growth (PEG) ratio of 6.34, which shows the company is potentially overvalued when we factor growth into the price to earnings calculus.
-
The company has a Price to Book (P/B) ratio of 1.26 in contrast to the S&P 500's average ratio of 2.95
-
Enbridge is part of the Energy sector, which has an average P/E ratio of 7.54 and an average P/B of 1.68
-
Enbridge has on average reported free cash flows of $14.79 Billion over the last four years, during which time they have grown by an an average of 0.0%