Trade-Ideas: Enterprise Products Partners (EPD) Is Today's Post-Market Leader Stock
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.
Trade-Ideas LLC identified
(
) as a post-market leader candidate. In addition to specific proprietary factors, Trade-Ideas identified Enterprise Products Partners as such a stock due to the following factors:
- EPD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $124.2 million.
- EPD is up 2.1% today from today's close.
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More details on EPD:
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. The stock currently has a dividend yield of 4.6%. EPD has a PE ratio of 21.9. Currently there are 14 analysts that rate Enterprise Products Partners a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for Enterprise Products Partners has been 3.2 million shares per day over the past 30 days. Enterprise has a market cap of $62.4 billion and is part of the basic materials sector and energy industry. The stock has a beta of 0.71 and a short float of 0.5% with 1.61 days to cover. Shares are down 11.7% year-to-date as of the close of trading on Thursday.
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Analysis:
rates Enterprise Products Partners as a
. The company's strongest point has been its strong cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
Highlights from the ratings report include:
- EPD, with its decline in revenue, slightly underperformed the industry average of 19.6%. Since the same quarter one year prior, revenues fell by 22.2%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
- The change in net income from the same quarter one year ago has significantly exceeded that of the Oil, Gas & Consumable Fuels industry average, but is less than that of the S&P 500. The net income has decreased by 5.6% when compared to the same quarter one year ago, dropping from $698.90 million to $659.80 million.
- ENTERPRISE PRODS PRTNRS -LP's earnings per share declined by 9.3% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, ENTERPRISE PRODS PRTNRS -LP increased its bottom line by earning $1.48 versus $1.41 in the prior year. For the next year, the market is expecting a contraction of 5.2% in earnings ($1.40 versus $1.48).
- Net operating cash flow has declined marginally to $1,457.80 million or 2.76% when compared to the same quarter last year. Despite a decrease in cash flow of 2.76%, ENTERPRISE PRODS PRTNRS -LP is in line with the industry average cash flow growth rate of -11.94%.
- The gross profit margin for ENTERPRISE PRODS PRTNRS -LP is currently extremely low, coming in at 8.87%. It has decreased from the same quarter the previous year. Regardless of the weak results of the gross profit margin, the net profit margin of 6.47% is above that of the industry average.
- You can view the full Enterprise Products Partners Ratings Report.
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