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 0.4% compared to 1.0% 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:
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Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company.
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Enbridge has moved -6.6% over the last year compared to 23.6% for the S&P 500 -- a difference of -30.3%
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ENB has an average analyst rating of hold and is -10.58% away from its mean target price of $39.71 per share
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Its trailing 12 month earnings per share (EPS) is $1.12
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Enbridge has a trailing 12 month Price to Earnings (P/E) ratio of 31.7 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $2.05 and its forward P/E ratio is 17.3
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ENB has a Price to Earnings Growth (PEG) ratio of 61.22, which shows the company is potentially overvalued when we factor growth into the price to earnings calculus.
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The company has a Price to Book (P/B) ratio of 1.3 in contrast to the S&P 500's average ratio of 2.95
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Enbridge is part of the Energy sector, which has an average P/E ratio of 8.53 and an average P/B of 1.78
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Enbridge has on average reported free cash flows of $4.52 Billion over the last four years, during which time they have grown by an an average of 12.7%