- Enterprise Products Partners (EPD, Financial) has recently outpaced market indices, highlighting its potential as an investment opportunity.
- Analysts project a promising increase in earnings per share for EPD, despite expected revenue declines.
- Enterprise Products Partners (EPD) is currently rated as "Outperform" with significant upside potential based on analyst forecasts.
Enterprise Products Partners (EPD) closed at $33.47, marking a performance that rivals and surpasses broader market indices. Over the past month, the stock has appreciated by 2.9%, exceeding its sector's increase of 3.42%. Market analysts are predicting earnings of $0.70 per share for EPD, which represents a 6.06% increase. Meanwhile, revenue is forecasted to be $14.28 billion, reflecting a 3.26% decline compared to last year.
Wall Street Analysts Forecast
According to projections from 16 Wall Street analysts, the average one-year price target for Enterprise Products Partners LP (EPD, Financial) is $37.18. Price estimates range from a high of $40.00 to a low of $31.90, suggesting an average potential upside of 20.52% from the current stock price of $30.85. For further insights, visit the Enterprise Products Partners LP (EPD) Forecast page.
Enterprise Products Partners LP (EPD, Financial) is currently receiving an average brokerage recommendation of 1.9 from 20 brokerage firms, categorizing the stock as an "Outperform." This rating employs a scale where 1 is a Strong Buy and 5 is a Sell, providing a clear indicator of the stock's favorable outlook.
GuruFocus' estimates place the GF Value of Enterprise Products Partners LP (EPD, Financial) at $32.26 for the upcoming year, which implies a potential upside of 4.57% from the current market price of $30.85. The GF Value metric is GuruFocus' method of determining a stock's fair trading value, calculated by examining historical trading multiples, past business growth, and future business performance expectations. For more comprehensive data, visit the Enterprise Products Partners LP (EPD) Summary page.
