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A look at a High Market Cap Stock: Enbridge Inc., ENB

Enbridge Inc., ENB is in the exchange NYSE and its industry is Oil & Gas Pipelines in the sector of Basic Materials. Based in Canada, Enbridge Inc., ENBĀ  has a market cap of 39353.43. Since its IPO date on the 3/27/1990, Enbridge Inc., ENB performance year to date is 33.71%. Today Enbridge Inc., ENB has gained -2.70%, with a current price of 42.22.

Ownership of the company is 9.20% for insider ownership while institutional ownership is 70.50%. The management of the company have seen the company have a payout ratio of 108.00%. Return of assets are at 1.90%, with return on investment at 3.10%.

In terms of debt levels and profit levels, Enbridge Inc., ENB is seeing a long-term debt/equity of 2.58. While Total debt/equity is 2.84. With a profit margin of 4.50%, this is combined with a gross margin of 29.90%, and operating margin of 10.00%. Enbridge Inc. ability to meet debt levels, with a current ratio of 0.6, while the quick ratio is 0.6.

For the last year Enbridge Inc., ENB has seen a EPS growth of -103.30%. A performance for the year of -3.69%. The 52-week high is -6.64%, and the 52-week low is 57.43%. The average volume for Enbridge Inc., ENB is 547037.

With a target price of 43.75, can Enbridge Inc., ENB reach this target? Looking at the value indicators of Enbridge Inc., ENB. Enbridge Inc. has a P/E of 31.63 and a forward P/E of 23.24. Perhaps the more useful indicator than P/E, is PEG which has a value of 4.7. Enbridge Inc. also has a P/S and a P/B of 1.47 and 3.49 respectively. For P/cash, Enbridge Inc. has a value of 29.31, while it is *TBA for P/free cash flow.

At the current price of 42.22, Enbridge Inc. has a dividend yield of 3.73%. We see a return on equity of 12.70%.

Looking more long-term Enbridge Inc., is projected to get an EPS growth for the next five years of 6.73%. In the short-term an EPS growth of 4.65% in the next year is forecasted. This is after a EPS growth of -103.30% for this year and for the last five years a -15.30% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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