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 44.11 (-2.17% today). The market cap for Enbridge Inc. is 43231.84, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enbridge Inc. is 47.37. Currently Enbridge Inc. is trading with a P/E of 40.88, and a forward P/E of 23.25. Average volume for Enbridge Inc. is 1842.8 and so far today it is 368170.

Performance in the last year for Enbridge Inc. has been 20.01%. For EPS growth, Enbridge Inc. has seen a growth of -103.30%, and is looking to grow in the next year to 7.48%. More long term stats show that EPS growth has been -15.30% over the last five years and could be 0.70% 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 7.14%, with the 200-day simple moving average coming to 18.33%.

Since the IPO date for Enbridge Inc. on the 3/27/1990, Enbridge Inc. has seen performance year to date to be 40.32%. With Enbridge Inc. trading at 44.11, the dividend yield is 3.59%, and the EPS is 1.1.

So could Enbridge Inc., be undervalued? Well as said before P/E is 40.88. The PEG is 58.82, P/S is 1.65 and the P/B is at 3.9. The P/cash is 44.48, 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 958.79. While shares float is 932.91. The float short is currently 1.20%, and short ratio is 6.08.

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