Enterprise Prods Partners Stock: A Deep Dive Into Analyst Perspectives (9 Ratings)


9 analysts have shared their evaluations of Enterprise Prods Partners EPD during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 5 1 0 0
Last 30D 0 0 1 0 0
1M Ago 0 1 0 0 0
2M Ago 1 0 0 0 0
3M Ago 2 4 0 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $33.33, a high estimate of $35.00, and a low estimate of $31.00. This current average has increased by 2.18% from the previous average price target of $32.62.

Deciphering Analyst Ratings: An In-Depth Analysis

An in-depth analysis of recent analyst actions unveils how financial experts perceive Enterprise Prods Partners. The following summary 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
Robert Kad Morgan Stanley Lowers Equal-Weight $34.00 $35.00
Jeremy Tonet JP Morgan Lowers Overweight $32.00 $33.00
Neal Dingmann Truist Securities Raises Buy $35.00 $33.00
Elvira Scotto RBC Capital Maintains Outperform $35.00 -
Michael Blum Wells Fargo Raises Overweight $33.00 $32.00
Tristan Richardson Scotiabank Raises Sector Outperform $32.00 $31.00
Gabriel Moreen Mizuho Maintains Buy $34.00 $34.00
Gabriel Moreen Mizuho Raises Buy $34.00 $33.00
Theresa Chen Barclays Raises Overweight $31.00 $30.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Enterprise Prods Partners. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Enterprise Prods Partners compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Enterprise Prods Partners's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Enterprise Prods Partners's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic 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: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Enterprise Prods Partners's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 18.61%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Enterprise Prods Partners's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 9.77%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Enterprise Prods Partners's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 5.21%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Enterprise Prods Partners's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 2.03%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: With a below-average debt-to-equity ratio of 1.06, Enterprise Prods Partners adopts a prudent financial strategy, indicating a balanced approach to debt management.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

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.

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