Enbridge Stock Performance
| ENB Stock | USD 35.35 0.49 1.41% |
Enbridge has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.02, which means a somewhat significant risk relative to the market. Enbridge returns are very sensitive to returns on the market. As the market goes up or down, Enbridge is expected to follow. Enbridge right now shows a risk of 1.07%. Please confirm Enbridge maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Enbridge will be following its price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Enbridge are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Enbridge is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 1.18 | Five Day Return 6.43 | Year To Date Return (2.84) | Ten Year Return (25.08) | All Time Return 1.5 K |
Forward Dividend Yield 0.0773 | Payout Ratio 0.9475 | Last Split Factor 2:1 | Forward Dividend Rate 2.7 | Dividend Date 2024-03-01 |
| Enbridge dividend paid on 1st of March 2024 | 03/01/2024 |
1 | CERAWEEK-US permit reviews, red tape provoke energy conference debates | 03/20/2024 |
2 | Enbridge and fellow pipeline giants form joint venture for Texas gas assets | 03/26/2024 |
3 | Enbridge Advances While Market Declines Some Information for Investors | 04/02/2024 |
4 | Squashing Midstream Lessons Learned as Sector Looks to Horizon | 04/08/2024 |
5 | Enbridge Outpaces Stock Market Gains What You Should Know | 04/09/2024 |
6 | Biden administration says Enbridge pipeline shutdown order should be reconsidered | 04/10/2024 |
7 | Biden DOJ sides with Native American tribe in court filing ripping Canadian pipeline as trespassing | 04/11/2024 |
8 | Enbridge Suffers a Larger Drop Than the General Market Key Insights | 04/15/2024 |
9 | 1 Stock I Wouldnt Touch With a 10-Foot Pole | 04/16/2024 |
10 | Disposition of 76400 shares by Mark Maki of Enbridge at 28.99 subject to Rule 16b-3 | 04/17/2024 |
11 | A Way Out for Those Facing Violence and Abuse | 04/18/2024 |
12 | Heres Why Hold Strategy is Apt for Enbridge Stock Now | 04/19/2024 |
| Begin Period Cash Flow | 907 M |
Enbridge |
Enbridge Relative Risk vs. Return Landscape
If you would invest 3,455 in Enbridge on January 24, 2024 and sell it today you would earn a total of 80.00 from holding Enbridge or generate 2.32% return on investment over 90 days. Enbridge is generating 0.0426% of daily returns assuming volatility of 1.0745% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Enbridge, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Enbridge Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enbridge's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enbridge, and traders can use it to determine the average amount a Enbridge's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0396
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ENB |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Enbridge is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enbridge by adding it to a well-diversified portfolio.
Enbridge Fundamentals Growth
Enbridge Stock prices reflect investors' perceptions of the future prospects and financial health of Enbridge, and Enbridge fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enbridge Stock performance.
| Return On Equity | 0.0947 | ||||
| Return On Asset | 0.032 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 160.48 B | ||||
| Shares Outstanding | 2.13 B | ||||
| Price To Earning | 20.33 X | ||||
| Price To Book | 1.82 X | ||||
| Price To Sales | 1.67 X | ||||
| Revenue | 43.65 B | ||||
| Gross Profit | 20.72 B | ||||
| EBITDA | 16.77 B | ||||
| Net Income | 6.06 B | ||||
| Cash And Equivalents | 861 M | ||||
| Cash Per Share | 0.57 X | ||||
| Total Debt | 61.83 B | ||||
| Debt To Equity | 1.22 % | ||||
| Current Ratio | 0.60 X | ||||
| Book Value Per Share | 25.71 X | ||||
| Cash Flow From Operations | 14.2 B | ||||
| Earnings Per Share | 2.06 X | ||||
| Market Capitalization | 74.1 B | ||||
| Total Asset | 136.05 B | ||||
| Retained Earnings | (12.91 B) | ||||
| Working Capital | (3.04 B) | ||||
| Current Asset | 1.44 B | ||||
| Current Liabilities | 1.72 B | ||||
About Enbridge Performance
To evaluate Enbridge Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Enbridge generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Enbridge Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Enbridge market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Enbridge's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 15.68 | 14.89 | |
| Return On Tangible Assets | 0.06 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.08 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.13 | 0.14 |
Things to note about Enbridge performance evaluation
Checking the ongoing alerts about Enbridge for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enbridge help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 61.83 B in debt with debt to equity (D/E) ratio of 1.22, which is OK given its current industry classification. Enbridge has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enbridge until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge's use of debt, we should always consider it together with cash and equity. | |
| On 1st of March 2024 Enbridge paid $ 0.6733 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Heres Why Hold Strategy is Apt for Enbridge Stock Now |
- Analyzing Enbridge's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enbridge's stock is overvalued or undervalued compared to its peers.
- Examining Enbridge's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enbridge's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enbridge's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enbridge's stock. These opinions can provide insight into Enbridge's potential for growth and whether the stock is currently undervalued or overvalued.
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. For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Enbridge Stock analysis
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.
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Is Enbridge's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 3.55 | Earnings Share 2.06 | Revenue Per Share 21.23 | Quarterly Revenue Growth (0.16) |
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enbridge's market value can be influenced by many factors that don't directly affect Enbridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.