Enterprise Products Partners L.P. (NYSE:EPD) registered a -2.58% decrease, still its new closing price is 48.12% up from the company’s 1 year high of 30.25.It posted 4.45% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 14 buy or better ratings. The 28 stock analysts following this company have an average price target at $32.23, with individual PT in the $29.00-$36.00 range. The shares moved at $29.09, implying that brokerage firms see shares gaining about 22.02% in twelve months time.
Enterprise Products Partners L.P. (EPD) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 7.58% rise year to date. A Director at Enterprise Products Partners L.P. (EPD) acquired shares in a transaction closed on Wednesday November 16, 2016. BARTH CARIN MARCY bought 4,000 shares in the company at $25.27 each and collected $101,000 in proceeds. BARTH CARIN MARCY now owns 13,126 shares in the company after this transaction. A Director, 10% Owner in the company, WILLIAMS RANDA DUNCAN, disclosed a transaction on Tuesday March 08, 2016 that ended up paying $240,000 from the purchase of 10,000 shares at $24 per share.
Enterprise Products Partners L.P. (NYSE:EPD) Upcoming Results on Tap
Enterprise Products Partners L.P. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.35 in that period. Sales during the quarter are predicted to arrive at $5.95 billion.
Earnings surprise history: Last quarter, the company posted approximately $5.92 billion in revenue and EPS of $0.30. The mean forecast was for $5.87 billion and $0.30 a share, respectively. One quarter earlier, revenue for the stock was at $5.62 billion, with earnings at $0.27/share.
Enterprise Products Partners L.P. (EPD) Brokerage Update
Enterprise Products Partners L.P. (EPD) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Credit Suisse, according to news reported on Monday September 19, 2016.Another important research note was issued by Morgan Stanley on Thursday August 18, 2016.The firm downgraded EPD to Equal-Weight from Overweight. Over the last six months and over the last three months, the shares of Enterprise Products Partners L.P. (EPD), have changed 2.21% and 8.26%, respectively.