During the last three months, 4 analysts shared their evaluations of Enterprise Prods Partners EPD, revealing diverse outlooks from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 2 | 0 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 1 | 2 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $34.0, a high estimate of $36.00, and a low estimate of $32.00. This upward trend is evident, with the current average reflecting a 5.17% increase from the previous average price target of $32.33.
Interpreting Analyst Ratings: A Closer Look
The standing of Enterprise Prods Partners among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Neal Dingmann | Truist Securities | Raises | Buy | $33.00 | $31.00 |
Elvira Scotto | RBC Capital | Maintains | Outperform | $35.00 | - |
Michael Blum | Wells Fargo | Raises | Overweight | $32.00 | $31.00 |
Selman Akyol | Stifel | Raises | Buy | $36.00 | $35.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Enterprise Prods Partners. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Enterprise Prods Partners compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Enterprise Prods Partners's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Enterprise Prods Partners's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Enterprise Prods Partners analyst ratings.
Discovering Enterprise Prods Partners: A Closer Look
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Unraveling the Financial Story of Enterprise Prods Partners
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Challenges: Enterprise Prods Partners's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -22.43%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Enterprise Prods Partners's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 10.99%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Enterprise Prods Partners's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 4.87%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Enterprise Prods Partners's ROA excels beyond industry benchmarks, reaching 1.92%. This signifies efficient management of assets and strong financial health.
Debt Management: Enterprise Prods Partners's debt-to-equity ratio is below the industry average at 1.07, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.