ENB

Don't Take a Position in Enbridge Stocks Without Knowing Its Fundamentals!

Enbridge logged a 0.3% change during today's morning session, and is now trading at a price of $33.73 per share. The S&P 500 index moved 0.0%. ENB's trading volume is 247,851 compared to the stock's average volume of 6,179,800.

Enbridge trades -14.48% away from its average analyst target price of $39.44 per share. The 8 analysts following the stock have set target prices ranging from $31.96 to $43.69, and on average have given Enbridge a rating of buy.

If you are considering an investment in ENB, you'll want to know the following:

  • Enbridge's current price is -5.0% below its Graham number of $35.49, which implies the stock has a margin of safety

  • Enbridge has moved -11.0% over the last year, and the S&P 500 logged a change of 18.0%

  • Based on its trailing earnings per share of 1.1, Enbridge has a trailing 12 month Price to Earnings (P/E) ratio of 30.7 while the S&P 500 average is None

  • ENB has a forward P/E ratio of 17.1 based on its forward 12 month price to earnings (EPS) of $1.97 per share

  • The company has a price to earnings growth (PEG) ratio of 6.41 — a number near or below 1 signifying that Enbridge is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 1.23 compared to its sector average of None

  • Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company.

  • Based in Calgary, the company has 11,100 full time employees and a market cap of $71.89 Billion. Enbridge currently returns an annual dividend yield of 10.5%.

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.

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