Enterprise Products Partners (EPD) closed at $36.59 in the latest trading session, marking a -1.05% move from the prior day. This change lagged the S&P 500's 0.58% gain on the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 1.05%.
The provider of midstream energy services's stock has dropped by 2.71% in the past month, falling short of the Oils-Energy sector's gain of 6.29% and the S&P 500's gain of 0.97%.
Investors will be eagerly watching for the performance of Enterprise Products Partners in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. It is anticipated that the company will report an EPS of $0.78, marking a 27.87% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $15.35 billion, reflecting a 27.67% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $3.1 per share and a revenue of $63.51 billion, demonstrating changes of +16.54% and +20.75%, respectively, from the preceding year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Enterprise Products Partners. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational 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. Within the past 30 days, our consensus EPS projection has moved 2.43% higher. At present, Enterprise Products Partners boasts a Zacks Rank of #2 (Buy).
In terms of valuation, Enterprise Products Partners is presently being traded at a Forward P/E ratio of 11.93. This expresses a discount compared to the average Forward P/E of 14.71 of its industry.
Also, we should mention that EPD has a PEG ratio of 1.32. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Oil and Gas - Production Pipeline - MLB industry held an average PEG ratio of 1.85.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 27, placing it within the top 11% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Enterprise Products Partners L.P. (EPD): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).