The price of Enterprise Products Partners L.P. (NYSE:EPD) over the past year has decreased -1.45% while the S&P 500 has increased 18.38%. During the past 20 days, EPD has increased 11.03% while the broad market has increased 2.67%. EPD ‘s 20-day moving average currently sits above its 100-day moving average. This is a bullish signal that suggests the stock price might continue to rise. EPD’s average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of EPD’s future price movements.
Recent trading patterns in the stock of Enterprise Products Partners L.P. (EPD) have investors on high alert. Performance is ultimately what matters to investors, and it’s worth taking a look at the data to get a sense of where EPD might be headed in the future. In the most recent quarter, institutional ownership increased by a net of 4.5 million shares, or 0.54%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for EPD overall.386 holders increased their positions, 377 decreased their positions, and 189 holders held their positions.
Among institutions that increased their positions, 62 were new positions. Among holders that decreased their positions, 52 sold out of the stock Enterprise Products Partners L.P.. Insider ownership during the latest quarter increased by a net of 20250 shares, indicating that EPD’s key executives are feeling more bullish about the stock than they did three months ago. Insider ownership during the last year has decreased by a net of 69752 shares. 35.56% of insider trades in the last 12 months were buys, and 64.44% were sells.
Enterprise Products Partners L.P. (NYSE:EPD) has a 20-day RSI of 62.38%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. EPD’s 9-day MACD currently sits below the 20-day MACD, indicating that EPD’s upside momentum has decreased during the last three weeks. This suggests that the trend might soon reverse. EPD’s average trading volatility during the past few weeks is 5.41% higher than the average volatility over the past 100 days. This means that the stock’s daily price swings have been more extreme in recent times compared to the past.
Analysts expect Enterprise Products Partners L.P. (EPD) to generate earnings per share of $1.30 in 2017. This works out to an increase of 7.44% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for EPD on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 4.69 or a Moderate Buy. Three months ago, analysts assigned EPD a 4.93 rating, which implies that analysts have become more pessimistic about the outlook for the stock over the next year.