Enterprise Products Partners is a oil & gas midstream company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker EPD on the NYSE exchange.
Enterprise Products Partners stock last closed at $29.05, down 0.03% from the previous day, and has increased 14.6% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.07 percentage points. Enterprise Products Partners stock is currently +15.32% from its 52-week low of $25.19, and -0.68% from its 52-week high of $29.25.
As of Mar 27, 2024, there are 2.17B shares of EPD outstanding. The market capitalization of EPD is $62.99B. In the last 24 hours, 4M EPD shares were traded.
How to Buy Enterprise Products Partners Stock
Wondering how to invest in Enterprise Products Partners stock? Here's how.
Decide where to buy Enterprise Products Partners stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Enterprise Products Partners stock.
Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your brokerage account: Pick your method of payment and add your information.
Analyze Enterprise Products Partners stock: The Enterprise Products Partners ticker symbol is EPD. Is Enterprise Products Partners stock a good investment? Should you buy shares of EPD? How do EPD's underlying business fundamentals look? Do top analysts think Enterprise Products Partners is a good buy? Why has EPD's stock price moved recently? (Hint: Our stock market research website can help you decide if EPD is a good stock to buy).
Place your EPD buy order: Decide if you will purchase EPD shares at the current market price or use a limit order to purchase EPD stock at a particular price.
Watch your investment in EPD: Create a watchlist to keep track of your new investment in Enterprise Products Partners shares.
Step 1: Decide where to buy Enterprise Products Partners stock
You will need a brokerage account in order to access the NYSE market and buy EPD stock.
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Step 2: Open your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you can buy EPD today.
After you have figured out the best place to buy Enterprise Products Partners stock, it's crucial to analyze their stock prior to buying, so you truly understand the risk as well as the upside.
Enterprise Products Partners Metrics
EPD Price
$29.05
1w %
0.21%
1y %
14.6%
5y %
1.29%
P/E
11.53x
P/B
2.28x
P/S
1.27x
PEG
2.62x
Revenue
$49.72B
Earnings
$5.53B
Fore. Rev. Growth
7.8%
Fore. Earn. Growth
5.42%
Market Cap
$62.99B
Next Earnings
Apr 30, 2024
Next Dividend
N/A
Fundamentals of Enterprise Products Partners
WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on EPD's stock page.
Is EPD stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge EPD's fair value.
Using relative valuations measures:
EPD could be undervalued based on its P/E ratio of 11.53x, relative to Oil & Gas Midstream industry P/E ratio of 14.23x
EPD could be undervalued based on its P/B ratio of 2.28x, relative to Oil & Gas Midstream industry P/B ratio of 2.34x
EPD could be overvalued based on its PEG ratio of 2.62x
EPD earnings of $6.85B is not enough to cover its interest payments.
EPD profit margin has gone up from 9.4% to 11.1% in the past year.
EPD's operating cash flow of $7.57B allows it to safely service it's debt of $28.75B.
Failed Financial Due Diligence Checks:
EPD has a relatively high debt to equity ratio of 1.53.
There are more short-term liabilities than short-term assets on the EPD balance sheet.
There are more long-term liabilities than short-term assets on the EPD balance sheet.
Total EPD debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Enterprise Products Partners stock, according to analysts?
Out of 9 sell side analysts who research EPD, the consensus analyst rating on EPD is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent EPD Analyst Ratings
Selman Akyol, a top 26% analyst from Stifel Nicolaus maintains EPD with a strong buy rating and raises their EPD price target from $35.00 to $36.00, on Feb 2, 2024.
Justin Jenkins, a top 1% analyst from Raymond James maintains EPD with a strong buy rating and lowers their EPD price target from $32.00 to $31.00, on Nov 1, 2023.
John Mackay, a top 19% analyst from Goldman Sachs reinstates EPD with a hold rating and announces their EPD price target of $28.00, on Oct 6, 2023.
Joseph Parkhill, a top 14% analyst from UBS maintains EPD with a strong buy rating and lowers their EPD price target from $35.00 to $34.00, on Oct 5, 2023.
Last year, EPD earnings were $5.53B. Over the past 5 year, EPD's earnings have gone up by 5.7% per year. This was slower than the Oil & Gas Midstream industry average of 21.53%.
Last year, EPD revenue was $49.72B. During the last 5 year, EPD's revenue has grown by 6.35% per year. This was slower than the Oil & Gas Midstream industry average of 7.51%.
Enterprise Products Partners pays a dividend of 6.9%, compared to the Oil & Gas Midstream industry's average dividend yield of 5.96%. If you owned $1,000 of EPD stock, you would have received $69.02 in the past 12 months.
Enterprise Products Partners dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Place your EPD buy order
There are two primary options:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are generally sufficient.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and eToro will execute the order.
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How much does it cost to buy one Enterprise Products Partners share?
As of Mar 27, 2024, it costs $29.05 to buy one share of Enterprise Products Partners stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.344 shares of EPD.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Is now a good time to buy Enterprise Products Partners stock?
According to 9 Wall Street analysts who monitor Enterprise Products Partners, their consensus recommendation is to buy Enterprise Products Partners stock.
What is the best way to buy Enterprise Products Partners stock?
One way to place an order for Enterprise Products Partners stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.