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Enterprise Products Partners (EPD) Stock Sinks As Market Gains: Here's Why

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In the latest trading session, Enterprise Products Partners (EPD - Free Report) closed at $36.67, marking a -1.77% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 1.2%. Meanwhile, the Dow gained 1.79%, and the Nasdaq, a tech-heavy index, added 1.52%.

Shares of the provider of midstream energy services have depreciated by 0.32% over the course of the past month, underperforming the Oils-Energy sector's gain of 0.91%, and the S&P 500's gain of 5.15%.

Market participants will be closely following the financial results of Enterprise Products Partners in its upcoming release. The company plans to announce its earnings on April 28, 2026. The company's upcoming EPS is projected at $0.71, signifying a 10.94% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $13.13 billion, indicating a 14.82% decrease compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.85 per share and revenue of $52.83 billion. These totals would mark changes of +7.14% and +0.44%, respectively, from last year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Enterprise Products Partners. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.37% higher within the past month. Currently, Enterprise Products Partners is carrying a Zacks Rank of #2 (Buy).

Valuation is also important, so investors should note that Enterprise Products Partners has a Forward P/E ratio of 13.1 right now. This indicates a premium in contrast to its industry's Forward P/E of 12.76.

It is also worth noting that EPD currently has a PEG ratio of 1.44. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Production Pipeline - MLB industry currently had an average PEG ratio of 1.44 as of yesterday's close.

The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 194, finds itself in the bottom 21% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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