EPD stock: buy or sell?
Updated on:
February 26th, 2020
1
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?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, Enterprise Products Partners stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| 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 posted by financial analysts to indicate a particular stock's attractiveness.
Unfortunately, we couldn't detect any rating for EPD stock for the last 30 days.EPD stock analysis
Daily outlook
Shares of Enterprise Products Partners decreased a lame -0.63% and closed at $23.84.
Enterprise Products Partners shares decreased -0.63% to $23.84 today.
Weekly outlook
Shares of Enterprise Products Partners closed this week at $23.84 and plummed a bloodcurdling -8.13%.
Weekly chart tells us that price is in a simple uptrend, tested $25.32 level and now climbing back aiming its last top at $28.74. Since price and 40-weeks moving average lines crossed down late January, EPD fell $-4.50 per share (-15.88%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
EPD stock price history
EPD stock went public on July 28th, 1998 with a price of $0.251. Since then, EPD stock surged a 9,436.00%, with an average of 449.30% per year. If you had invested $1,000 in EPD stock in 1998, it would worth $94,360.00 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 $29.50, and all-time highs 2014-09-10 with a price of 29.97.
EPD stock price target
Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for Enterprise Products Partners stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
After publishing its last earnings report on April, Enterprise Products Partners . As soon as we get its posted EPS from the earnings report, we will update 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
In 2018, Enterprise Products Partners annual revenues skyrocketed an amazing 24.94% to $36,534.20 M USD from $29,241.50 marked in 2017. However, its income margin (compared to revenues) stepped up to 11.42%, that is $4,172.40 million. 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 income was $4,532.20 M dollars. When comparing this TTM figures with the last reported annuality, we can review Enterprise Products Partners business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, depreciated a lame -2.07%. Slightly better, profit margin (net income/sales) grew at 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 reported $8,543.50 M in revenues 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 stayed stable 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 terrible loss and dropped a -8.12%. Looking back to recent quarterly results, Enterprise Products Partners posted 2 positive 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 a company, it's always worth to overview its ownership structure.Enterprise Products Partners shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 32.21% of all shares.
In case of Enterprise Products Partners stock, 37.74% 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.
The following table compares ownership indicators for other stocks related to Enterprise Products Partners:
| EPD | |
|---|---|
| Market cap | $52.2 B |
| Total shares | 2,190.0 M |
| Float shares | 1,550.0 M |
| - Institutional holdings (%) | 37.7% |
| - Insider holdings (%) | 32.2% |
| Shares in short selling | 0.0% |
EPD summary
| Wednesday, February 26th, 2020 | |
|---|---|
| Open | $24.11 |
| Close | $23.84 |
| Day range | $23.72 - $24.62 |
| Previous close | $23.99 |
| Session gain | -0.63% |
| Average true range | $0.63 |
| 50d mov avg | $26.97 |
| 100d mov avg | $26.59 |
| 200d mov avg | $27.17 |
| Daily pattern | lt01c |
| Weekly pattern | lb01a |
Enterprise Products Partners performance
Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for Enterprise Products Partners stock.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| EPDEnterprise Produc... | -7.92% | -13.56% | -8.59% |
Enterprise Products Partners competitors
Unfortunately, we could not find any public company that could be defined as Enterprise Products Partners competitor. This doesn't mean Enterprise Products Partners does not have any competitor in the market, it's just we could not detected it.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