Stock Updates

Is this Large Market Cap Stock target price reasonable for Enbridge Inc. (NYSE:ENB)?

The company in question is, Enbridge Inc. (NYSE:ENB) currently with a stock price of 42.35 (1.95% today). The market cap for Enbridge Inc. is 38676.23, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enbridge Inc. is 43.62. Currently Enbridge Inc. is trading with a P/E of 37.83, and a forward P/E of 21.96. Average volume for Enbridge Inc. is 969.1 and so far today it is 289182.

Performance in the last year for Enbridge Inc. has been 2.38%. For EPS growth, Enbridge Inc. has seen a growth of -103.30%, and is looking to grow in the next year to 6.23%. More long term stats show that EPS growth has been -15.30% over the last five years and could be 3.39% for the next five years. Enbridge Inc. has seen sales growth quarter over quarter at -8.00%, with EPS growth quarter over quarter at -51.60%. The 20-day simple moving average is 3.05%, with the 200-day simple moving average coming to 14.86%.

Since the IPO date for Enbridge Inc. on the 3/27/1990, Enbridge Inc. has seen performance year to date to be 29.27%. With Enbridge Inc. trading at 42.35, the dividend yield is 3.88%, and the EPS is 1.1.

So could Enbridge Inc., be undervalued? Well as said before P/E is 37.83. The PEG is 11.17, P/S is 1.48 and the P/B is at 3.61. The P/cash is 39.97, with P/free cash flow at *TBA.

Enbridge Inc. ability to deal with debt shows that the current ratio is 0.5, and the quick ratio is 0.4. This is with long term debt/equity at 2.5, and total debt/equity at 2.96.

In terms of margins, Enbridge Inc. has a gross margin of 30.00%, an operating margin of 10.60% and a profit margin of 3.80%.Payout ratio for Enbridge Inc. is 139.20%. Return on assets come to 1.50% with return on investment coming to 3.10%.

Insider ownership for Enbridge Inc., is at 9.20% and institutional ownership comes to 70.50%. Outstanding shares are at 931.06. While shares float is 927.91. The float short is currently 1.18%, and short ratio is 11.28.

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

Tony Dabbs

Leave a Comment