Enterprise Products Partners LP (NYSE:EPD) has industry P/E ratio of 41.31

Paterniano Del Favero
Agosto 16, 2017

Smith Edwin E also sold $420,300 worth of Enterprise Products Partners L.P. (NYSE:EPD) shares. The firm owned 15,740 shares of the oil and gas producer's stock after buying an additional 4,920 shares during the period. Dubuque Bank & Trust raised its stake in Enterprise Products Partners by 222.6% in the Q1. TNB Financial's holdings in Enterprise Products Partners L.P. were worth $1,669,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. E&G Advisors LP now owns 89,612 shares of the oil and gas producer's stock worth $2,474,000 after buying an additional 1,567 shares during the period. "Has $942,000 Position in Enterprise Products Partners L.P. (NYSE:EPD)" was originally posted by BNB Daily and is the property of of BNB Daily. First Financial Corp IN now owns 4,000 shares of the oil and gas producer's stock worth $108,000 after buying an additional 400 shares during the period. Now the P/E of Enterprise Products Partners L.P. (EPD) stands at 22.26. Camarda Financial Advisors LLC raised its position in shares of Enterprise Products Partners L.P.by 0.6% in the second quarter. Level Four Advisory Services LLC now owns 125,421 shares of the oil and gas producer's stock valued at $3,457,000 after buying an additional 6,277 shares during the period. On June 15 the company was upgraded from "Equal-weight" to "Overweight" in a report from Morgan Stanley.

04/29/2016 - Enterprise Products Partners L.P. was downgraded to "neutral" by analysts at Seaport Global Securities. Princeton Port Strategies Grp Limited holds 0.22% or 25,773 shares in its portfolio. Similarly, the company's last 5 years high P/E ratio is 27.18 and low P/E is 18.48, whereas, the industry's and sector's high P/E for the past year is 174.96 and 26.23 respectively and low P/E ratio for the last 5 years is 12.64 for the industry and 10.07 for the Sector. The firm has a 50 day moving average price of $26.97 and a 200-day moving average price of $27.35. When analyzing at performance throughout recent 6 months we have seen that Enterprise Products Partners L.P. (EPD) is dropping with a downward movement of -10.64%.

The market capitalization of Enterprise Products Partners L.P.is at $55.61 Billion. The value of the investment in EPD went from $6,176,000 to $12,842,000 a change of $6,666,000 since the last quarter. In the last earnings report the EPS was $1.27 and is expected to be $1.39 for the current year with 2,148,022,000 shares now outstanding. During the same quarter previous year, the business posted $0.27 EPS.

Looking ahead at valuations, according to the consensus, the next fiscal year is forecast to bring about 1.53 in total earnings per share. Stockholders of record on Monday, July 31st were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Thurs, Jul 27th.

Since March 6, 2017, it had 0 insider purchases, and 1 insider sale for $420,300 activity. Enterprise Products Partners L.P. Enterprise Products Partners L.P.'s revenue for the quarter was up 17.6% compared to the same quarter past year. Enterprise Products Partners L.P.'s dividend payout ratio is now 132.28%. First Eagle Investment Management LLC acquired a new position in shares of Enterprise Products Partners L.P. during the second quarter valued at $130,000. If you are viewing this news story on another site, it was copied illegally and reposted in violation of worldwide copyright & trademark law. The correct version of this news story can be read at https://transcriptdaily.com/2017/08/16/camarda-financial-advisors-llc-boosts-stake-in-enterprise-products-partners-l-p-epd.html.

Several equities research analysts have weighed in on the company. While looking the figure depicted by the Price to Earning we can suggest that the shares of Enterprise Products Partners L.P. (EPD) are overvalued. BMO Capital Markets reiterated a buy rating and set a $33.00 price target on shares of Enterprise Products Partners L.P.in a research note on Wednesday, July 12th.

Among 5 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 1 have Buy rating, 0 Sell and 4 Hold. Stifel Nicolaus maintained the stock with "Buy" rating in Thursday, July 13 report.

About Enterprise Products Partners L.P. The Business's midstream energy operations include natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and import and export terminals, including liquefied petroleum gas (LPG); crude oil gathering, transportation, storage and terminals; petrochemical and refined products transportation, storage, export and import terminals, and related services, and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems.

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