Enbridge Stock Analysis

Enbridge Stock Analysis Notes

About 53.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.83. Some equities with similar Price to Book (P/B) outperform the market in the long run. Enbridge has Price/Earnings To Growth (PEG) ratio of 1.72. The entity last dividend was issued on the 14th of May 2024. The firm had 2:1 split on the 20th of May 2011. The company operates through five segments Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Canada and is traded on Toronto Stock Exchange. It employs 10900 people. To learn more about Enbridge call Albert Monaco at 403-231-3900 or check out https://www.enbridge.com.

Enbridge Investment Alerts

Enbridge Largest EPS Surprises

View All Earnings Estimates

Enbridge Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 106.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enbridge's market, we take the total number of its shares issued and multiply it by Enbridge's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Enbridge Profitablity

The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.25 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.25.

Management Efficiency

Enbridge has return on total asset (ROA) of 0.0315 % which means that it generated a profit of $0.0315 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.087 %, meaning that it generated $0.087 on every $100 dollars invested by stockholders. Enbridge's management efficiency ratios could be used to measure how well Enbridge manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Enbridge's Return On Capital Employed is very stable compared to the past year. As of the 18th of May 2024, Return On Assets is likely to grow to 0.04, while Return On Tangible Assets are likely to drop 0.04. At this time, Enbridge's Other Assets are very stable compared to the past year. As of the 18th of May 2024, Intangibles To Total Assets is likely to grow to 0.21, while Net Tangible Assets are likely to drop about 16.6 B.

Technical Drivers

As of the 18th of May 2024, Enbridge shows the Mean Deviation of 0.656, semi deviation of 0.4807, and Downside Deviation of 0.7425. Enbridge technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen technical drivers for Enbridge, which can be compared to its peers. Please confirm Enbridge jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Enbridge is priced favorably, providing market reflects its regular price of 50.04 per share.

Enbridge Price Movement Analysis

Enbridge Predictive Daily Indicators

Enbridge Forecast Models

Enbridge's time-series forecasting models are one of many Enbridge's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Enbridge's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Enbridge prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Enbridge shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Enbridge. By using and applying Enbridge Stock analysis, traders can create a robust methodology for identifying Enbridge entry and exit points for their positions.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.Note that the Enbridge information on this page should be used as a complementary analysis to other Enbridge's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

When running Enbridge's price analysis, check to measure Enbridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.