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 41.64 (-1.21% today). The market cap for Enbridge Inc. is 68035.6, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enbridge Inc. is 47.07. Currently Enbridge Inc. is trading with a P/E of 28.02, and a forward P/E of 20.49. Average volume for Enbridge Inc. is 7283.4 and so far today it is 2654300.

Performance in the last year for Enbridge Inc. has been 2.45%. For EPS growth, Enbridge Inc. has seen a growth of 7.70%, and is looking to grow in the next year to 12.20%. More long term stats show that EPS growth has been 6.90% over the last five years and could be 8.05% for the next five years. Enbridge Inc. has seen sales growth quarter over quarter at 4.80%, with EPS growth quarter over quarter at -11.70%. The 20-day simple moving average is -0.26%, with the 200-day simple moving average coming to -0.13%.

Since the IPO date for Enbridge Inc. on the 3/27/1990, Enbridge Inc. has seen performance year to date to be -0.11%. With Enbridge Inc. trading at 41.64, the dividend yield is 4.28%, and the EPS is 1.49.

So could Enbridge Inc., be undervalued? Well as said before P/E is 28.02. The PEG is 3.48, P/S is 2.62 and the P/B is at 3.65. The P/cash is 42.83, with P/free cash flow at *TBA.

Enbridge Inc. ability to deal with debt shows that the current ratio is 0.6, and the quick ratio is 0.6. This is with long term debt/equity at 2.58, and total debt/equity at 2.94.

In terms of margins, Enbridge Inc. has a gross margin of 30.50%, an operating margin of 7.50% and a profit margin of 5.10%.Payout ratio for Enbridge Inc. is 26.70%. Return on assets come to 2.10% with return on investment coming to 4.40%.

Insider ownership for Enbridge Inc., is at 9.20% and institutional ownership comes to 70.50%. Outstanding shares are at 1633.9. While shares float is 1627.78. The float short is currently 1.17%, and short ratio is 2.62.

Graphs: Enbridge Inc. NYSE: ENB | Thursday April 20, 2017


Enbridge Inc. NYSE: ENB




Enbridge Inc. NYSE: ENB

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

Leave a Comment