Stock Updates

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 37100.48. Since its IPO date on the 3/27/1990, Enbridge Inc., ENB performance year to date is 21.51%. Today Enbridge Inc., ENB has gained 0.13%, with a current price of 39.48.

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 -3.60%. The 52-week high is -9.22%, and the 52-week low is 47.21%. The average volume for Enbridge Inc., ENB is 791724.

With a target price of 43.49, can Enbridge Inc., ENB reach this target? Looking at the value indicators of Enbridge Inc., ENB. Enbridge Inc. has a P/E of 29.08 and a forward P/E of 21.81. Perhaps the more useful indicator than P/E, is PEG which has a value of 4.37. Enbridge Inc. also has a P/S and a P/B of 1.4 and 3.21 respectively. For P/cash, Enbridge Inc. has a value of 27.98, while it is *TBA for P/free cash flow.

At the current price of 39.48, Enbridge Inc. has a dividend yield of 4.11%. 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 6.65%. In the short-term an EPS growth of 3.20% 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

Peter Clarke

Leave a Comment