EPD stock: buy or sell?
Updated on:
September 20th, 2019
5
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.
Should I buy EPD stock?
Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.None of our preferred buy setups matches with Enterprise Products Partners stock situation right now, therefore this is not a suitable entry point.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is Enterprise Products Partners stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.
At Stocks2.com, we detected 5 ratings published for EPD stock in the last 30 days. The general sentiment of these ratings is bullish for EPD stock, with 5 positive ratings.| Date | Analyst / Broker | Previous rating | Current rating |
| 2019-9-3 | Scotiabank | n/a | Outperform |
| 2019-9-3 | Royal Bank of Canada | n/a | Outperform |
| 2019-8-1 | Stifel Nicolaus | n/a | Buy |
| 2019-7-17 | Piper Jaffray Companies | n/a | Overweight |
| 2019-2-5 | Evercore ISI | n/a | Outperform |
EPD stock analysis
Daily outlook
Shares of Enterprise Products Partners appreciated a good 1.08% and closed at $29.11.
Enterprise Products Partners appreciated a good 1.08% and closed at $29.11. For the last 4 days when EPD stock price broke up the SMA100d line, it gained $0.58 (2.03%).
Weekly outlook
Enterprise Products Partners closed this week at $29.11 and appreciated a decent 2.03%.
Enterprise Products Partners is in a glaring downtrend, marking successive falling tops and bottoms. Now is trading in between the - range. If the support holds the price, this might mark a double bottom shape and create a flat-base to reverse this downtrend. Late April, SMA20w and SMA40w crossed up triggering a rise of 3.93%. Since mid January when EPD stock price broke up the SMA40w line, it gained $3.29 (12.74%).
EPD stock price history
EPD stock went public on July 28th, 1998 with a price of $0.261. Since then, EPD stock grew a 11,096.20%, with a yearly average of 528.40%. If you had invested $1,000 in EPD stock in 1998, it would worth $110,962.00 today.
1: Adjusted price after possible price splits or reverse-splits.
EPD stock historical price chart
EPD stock reached 52-week highs on July at $30.49, and all-time highs 2014-09-10 with a price of 30.97.
EPD stock price target is $35.50
How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 4 price predictions for Enterprise Products Partners stock posted in the last month:| Date | Analyst / Broker | Action | Previous target | Current target | Diff |
| 2019-9-3 | Scotiabank | Initiates | n/a | $35.00 | - |
| 2019-9-3 | Royal Bank of Canada | Initiates | n/a | $35.00 | - |
| 2019-8-1 | Stifel Nicolaus | Raises Target | $34.00 | $35.00 | 2.9% |
| 2019-7-17 | Piper Jaffray Companies | Initiates | n/a | $37.00 | - |
| (in average) | $34.00 | $35.50 | 4.0% |
Financials and fundamental analysis
Earnings date and Earnings per Share
Since last April, when Enterprise Products Partners presented its last earnings report, it . As soon as we get its actual EPS from the earnings report, we will extend this report.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.31 | n/a |
| 2017-Q3 | 2017-11-02 | 0.31 | 0.3 | -3.2% |
| 2017-Q4 | 2018-01-31 | 0.35 | 0.36 | 2.9% |
| 2018-Q1 | 2018-04-30 | 0.38 | 0.39 | 2.6% |
| 2018-Q2 | 2018-08-01 | 0.39 | 0.46 | 17.9% |
| 2018-Q3 | 2018-10-31 | 0.46 | 0.51 | 10.9% |
| 2018-Q4 | 2019-01-31 | 0.5 | 0.59 | 18.0% |
| 2019-Q1 | 2019-04-29 | 0.47 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
Compared to 2017, last anual turnover report draw a dazzling gain of 24.94% to $36,534.20 million USD. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) stepped up a 1.85% to 11.42%. To have an updated view of the financial situation of Enterprise Products Partners, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Enterprise Products Partners TTM sales up to March 2019 were $35,779.20 and earnings were $4,532.20 million dollars. When comparing this TTM figures with the last reported annuality, we can review Enterprise Products Partners business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, depreciated a bad -2.07%. Regarding profit margin, Enterprise Products Partners grew 1.25% to 11.42%| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $47,800 M | - | $2,600 M5.4% | - |
| 2014 | $47,951 M | 0.32% | $2,787 M5.8% | 7.21% |
| 2015 | $27,028 M | -43.63% | $2,521 M9.3% | -9.55% |
| 2016 | $23,022 M | -14.82% | $2,513 M10.9% | -0.32% |
| 2017 | $29,242 M | 27.01% | $2,799 M9.6% | 11.39% |
| 2018 | $36,534 M | 24.94% | $4,172 M11.4% | 49.05% |
| TTM | $35,779 M | -2.07% | $4,532 M12.7% | 8.62% |
Quarterly financial results
Enterprise Products Partners posted $8,543.50 million in sales for 2019-Q1, a -6.96% decline compared to previous quarter. Reported quarter income marked $1,260.50 M with a profit margin of 14.75%. Profit margin remained constant a 0.76% compared to previous quarter when profit margin was 13.99%. When comparing revenues to same quarter last year, Enterprise Products Partners sales marked a terrifying decrease and dropped a -8.12%. Looking back to recent quarterly results, Enterprise Products Partners posted 2 negative quarters in a row.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $6,510 M | - | $650 M10.0% | - |
| 2017-Q3 | $6,887 M | 5.79% | $611 M8.9% | -5.97% |
| 2017-Q4 | $8,427 M | 22.36% | $774 M9.2% | 26.70% |
| 2018-Q1 | $9,299 M | 10.35% | $901 M9.7% | 16.37% |
| 2018-Q2 | $8,468 M | -8.94% | $674 M8.0% | -25.19% |
| 2018-Q3 | $9,586 M | 13.21% | $1,313 M13.7% | 94.89% |
| 2018-Q4 | $9,182 M | -4.21% | $1,285 M14.0% | -2.17% |
| 2019-Q1 | $8,544 M | -6.96% | $1,261 M14.8% | -1.88% |
Enterprise Products Partners ownership
When you are planning to invest in shares of a company, it's worth to review its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Enterprise Products Partners, 32.06% of all outstanding shares are owned by its staff.
In case of Enterprise Products Partners stock, 37.62% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for EPD stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
| EPD | DCP | ET | KMI | PAA | |
|---|---|---|---|---|---|
| Market cap | $63.8 B | $3.9 B | $35.6 B | $46.8 B | $15.6 B |
| Total shares | 2,190.0 M | 143.3 M | 2,620.0 M | 2,260.0 M | 726.8 M |
| Float shares | 1,480.0 M | 82.9 M | 2,250.0 M | 1,940.0 M | 410.5 M |
| - Institutional holdings (%) | 37.6% | 59.3% | 56.9% | 65.0% | 49.9% |
| - Insider holdings (%) | 32.1% | 36.9% | 13.0% | 13.5% | 0.7% |
| Shares in short selling | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
EPD summary
| Friday, September 20th, 2019 | |
|---|---|
| Open | $28.85 |
| Close | $29.11 |
| Day range | $28.82 - $29.27 |
| Previous close | $28.80 |
| Session gain | 1.08% |
| Average true range | $0.46 |
| 50d mov avg | $28.98 |
| 100d mov avg | $28.65 |
| 200d mov avg | $27.70 |
| Daily pattern | |
| Weekly pattern | lt02a |
Enterprise Products Partners performance
To better understand Enterprise Products Partners performance you must becnhmark its gains with other related stocks in same sector or industry. We chose , Energy Transfer, Kinder Morgan, Plains All American Pipeline and Williams Companies as the bechmarking frame for Enterprise Products Partners stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| EPDEnterprise Produc... | 1.43% | 3.12% | 6.44% |
| DCP | -1.85% | -11.64% | -24.75% |
| ETEnergy Transfer | -3.76% | -7.93% | -16.53% |
| KMIKinder Morgan | -2.04% | 6.54% | 20.15% |
| PAAPlains All Americ... | -10.12% | -9.47% | -7.05% |
| WMBWilliams Companie... | -9.05% | -10.27% | -5.77% |
Enterprise Products Partners competitors
We selected a few stocks to conform a list of Enterprise Products Partners competitors to review if you are interested in investing in EPD:- (DCP)
- Energy Transfer (ET)
- Kinder Morgan (KMI)
- Plains All American Pipeline (PAA)
- Williams Companies (WMB)
Latest EPD stock news
- Seeking AlphaEnterprise Products Partners: Positioning Itself For The Growth In ExportsJune 26, 2019
- Seeking AlphaEnterprise Products Partners: Poised To Prosper From Growing ExportsMay 21, 2019
- Seeking AlphaEnterprise Products Partners: Positioned To Take Advantage Of Near-Term Energy Sector GrowthApril 4, 2019
- Seeking AlphaEnterprise Products Partners: The Bull Case StrengthensFebruary 4, 2019
- Seeking AlphaEnterprise Products Partners: A Compelling Case For UpsideJanuary 6, 2019