Investing in Enterprise Products (EPD) – Key Considerations

By Blake Campbell • Tuesday, July 15 15:19 • Permanent Link

Large-cap Utilities company Enterprise Products has moved -1.1% so far today on a volume of 3,485,063, compared to its average of 4,194,161. In contrast, the S&P 500 index moved -0.0%.

Enterprise Products trades -13.29% away from its average analyst target price of $36.35 per share. The 17 analysts following the stock have set target prices ranging from $31.9 to $40.0, and on average have given Enterprise Products a rating of buy.

Anyone interested in buying EPD should be aware of the facts below:

Enterprise Products's current price is 11.9% above its Graham number of $28.17, which implies that at its current valuation it does not offer a margin of safety
Enterprise Products has moved 7.6% over the last year, and the S&P 500 logged a change of 10.6%
Based on its trailing earnings per share of 2.67, Enterprise Products has a trailing 12 month Price to Earnings (P/E) ratio of 11.8 while the S&P 500 average is 29.3
EPD has a forward P/E ratio of 11.1 based on its forward 12 month price to earnings (EPS) of $2.85 per share
Its Price to Book (P/B) ratio is 2.36 compared to its sector average of 2.36
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.

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.