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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., ENB  has a market cap of 39572.22. Since its IPO date on the 3/27/1990, Enbridge Inc., ENB performance year to date is 32.43%. Today Enbridge Inc., ENB has gained 1.23%, with a current price of 42.68.

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 101.00%. Return of assets are at 2.10%, 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 2.69. While Total debt/equity is 3.13. With a profit margin of 5.20%, this is combined with a gross margin of 31.30%, and operating margin of 8.90%. Enbridge Inc. ability to meet debt levels, with a current ratio of 0.5, while the quick ratio is 0.4.

For the last year Enbridge Inc., ENB has seen a EPS growth of -103.30%. A performance for the year of 23.99%. The 52-week high is -5.88%, and the 52-week low is 62.22%. The average volume for Enbridge Inc., ENB is 426858.

With a target price of 46.9, can Enbridge Inc., ENB reach this target? Looking at the value indicators of Enbridge Inc., ENB. Enbridge Inc. has a P/E of 27.98 and a forward P/E of 23.27. Perhaps the more useful indicator than P/E, is PEG which has a value of 8.58. Enbridge Inc. also has a P/S and a P/B of 1.56 and 3.96 respectively. For P/cash, Enbridge Inc. has a value of 51.51, while it is *TBA for P/free cash flow.

At the current price of 42.68, Enbridge Inc. has a dividend yield of 3.73%. We see a return on equity of 13.40%.

Looking more long-term Enbridge Inc., is projected to get an EPS growth for the next five years of 3.26%. In the short-term an EPS growth of 4.50% 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.

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Tony Dabbs

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