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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 37062.05. Since its IPO date on the 3/27/1990, Enbridge Inc., ENB performance year to date is 23.14%. Today Enbridge Inc., ENB has gained -0.08%, with a current price of 39.57.

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 139.20%. Return of assets are at 1.50%, 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 2.5. While Total debt/equity is 2.96. With a profit margin of 3.80%, this is combined with a gross margin of 30.00%, and operating margin of 10.60%. 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 0.06%. The 52-week high is -8.12%, and the 52-week low is 49.00%. The average volume for Enbridge Inc., ENB is 706200.

With a target price of 44.29, can Enbridge Inc., ENB reach this target? Looking at the value indicators of Enbridge Inc., ENB. Enbridge Inc. has a P/E of 35.84 and a forward P/E of 20.8. Perhaps the more useful indicator than P/E, is PEG which has a value of 10.53. Enbridge Inc. also has a P/S and a P/B of 1.41 and 3.42 respectively. For P/cash, Enbridge Inc. has a value of 38.09, while it is *TBA for P/free cash flow.

At the current price of 39.57, Enbridge Inc. has a dividend yield of 4.14%. We see a return on equity of 9.90%.

Looking more long-term Enbridge Inc., is projected to get an EPS growth for the next five years of 3.40%. In the short-term an EPS growth of 6.26% 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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