Enbridge Stock Analysis

ENB Stock  USD 34.90  0.10  0.29%   
Enbridge is fairly valued with Real Value of 35.09 and Target Price of 39.44. The main objective of Enbridge stock analysis is to determine its intrinsic value, which is an estimate of what Enbridge is worth, separate from its market price. There are two main types of Enbridge's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Enbridge's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Enbridge's stock to identify patterns and trends that may indicate its future price movements.
The Enbridge stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Enbridge is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Enbridge Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Enbridge's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Enbridge Stock Analysis Notes

About 54.0% 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 0.75. The entity last dividend was issued on the 14th of February 2024. The firm had 2:1 split on the 1st of June 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 operates under Oil Gas Midstream classification in the United States and is traded on New York 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 Quarterly Total Revenue

11.3 Billion

Enbridge Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Enbridge's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Enbridge or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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.
Latest headline from businesswire.com: Pembina Pipeline Corporation Reports Record Results for the Fourth Quarter 2023, Provides Business Update, and Declares Quarterly Common Share Dividend

Enbridge Upcoming and Recent Events

Earnings reports are used by Enbridge to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Enbridge previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
9th of February 2024
Upcoming Quarterly Report
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3rd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
9th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
View

Enbridge Largest EPS Surprises

Earnings surprises can significantly impact Enbridge's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2005-11-01
2005-09-300.10.09-0.0110 
2004-11-04
2004-09-300.090.08-0.0111 
2004-01-27
2003-12-310.060.05-0.0116 
View All Earnings Estimates

Enbridge SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Enbridge prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Enbridge investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Enbridge specific information freely available to individual and institutional investors to make a timely investment decision.
9th of February 2024
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
2nd of February 2024
Unclassified Corporate Event
View
30th of November 2023
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
9th of November 2023
Financial Statements and Exhibits. Other Events
View
3rd of November 2023
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
20th of October 2023
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
2nd of October 2023
Financial Statements and Exhibits. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View
25th of September 2023
Financial Statements and Exhibits. Other Events. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View

Enbridge Thematic Classifications

In addition to having Enbridge stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Transportation Idea
Transportation
USA Equities from Transportation industry as classified by Fama & French

Enbridge Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Enbridge is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enbridge backward and forwards among themselves. Enbridge's institutional investor refers to the entity that pools money to purchase Enbridge's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Cibc Global Asset Management Inc2023-09-30
20.7 M
Barrow Hanley Mewhinney & Strauss Llc2023-12-31
20.1 M
Norges Bank2023-12-31
19.9 M
Fidelity International Ltd2023-09-30
19.4 M
Manufacturers Life Insurance Co2023-09-30
19 M
Legal & General Group Plc2023-09-30
18.4 M
Clearbridge Advisors, Llc2023-09-30
17.1 M
The Toronto-dominion Bank2023-09-30
16.8 M
Jpmorgan Chase & Co2023-09-30
14.7 M
Royal Bank Of Canada2023-09-30
152.1 M
Vanguard Group Inc2023-09-30
81.5 M
Note, although Enbridge's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Enbridge Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 74.18 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

Enbridge's profitability indicators refer to fundamental financial ratios that showcase Enbridge's ability to generate income relative to its revenue or operating costs. If, let's say, Enbridge is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Enbridge's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Enbridge's profitability requires more research than a typical breakdown of Enbridge's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.14 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.2 %, which entails that for every 100 dollars of revenue, it generated $0.2 of operating income.
Last ReportedProjected for 2024
Return on Investment 6.78  6.56 
Return on Average Assets 0.03  0.03 
Return on Average Equity 0.09  0.08 
Return on Invested Capital 0.06  0.05 
Return on Sales 0.27  0.22 

Management Efficiency

Enbridge has Return on Asset of 0.032 % which means that on every $100 spent on assets, it made $0.032 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0947 %, implying that it generated $0.0947 on every 100 dollars invested. 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. As of February 23, 2024, Return on Investment is expected to decline to 6.56. In addition to that, Return on Average Assets is expected to decline to 0.03. At present, Enbridge's Tax Assets are projected to increase significantly based on the last few years of reporting. The current year's Revenue to Assets is expected to grow to 0.41, whereas Total Assets are forecasted to decline to about 172.9 B.
Last ReportedProjected for 2024
Book Value per Share 28.91  32.96 
Enterprise Value over EBIT 15.00  18.77 
Enterprise Value over EBITDA 10.62  12.12 
Price to Book Value 1.66  1.64 
Tangible Assets Book Value per Share 68.19  69.79 
Enterprise Value131.2 B126.6 B
Tangible Asset Value144.9 B140.6 B
The analysis of Enbridge's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Enbridge's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Enbridge Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0781
Forward Dividend Yield
0.0781
Forward Dividend Rate
2.72
Beta
0.883

Technical Drivers

As of the 23rd of February, Enbridge shows the Semi Deviation of 0.8705, mean deviation of 0.7202, and Downside Deviation of 1.03. 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 were able to interpolate nineteen technical drivers for Enbridge, which can be compared to its rivals. 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 34.9 per share. Given that Enbridge has jensen alpha of (0.05), we urge you to verify Enbridge's prevailing market performance to make sure the company can sustain itself at a future point.

Enbridge Price Movement Analysis

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Enbridge middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Enbridge. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
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Enbridge Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Enbridge insiders, such as employees or executives, is commonly permitted as long as it does not rely on Enbridge's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Enbridge insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Vernon Yu over three months ago
Enbridge exotic insider transaction detected

Enbridge Predictive Daily Indicators

Enbridge intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Enbridge stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

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.

About Enbridge Stock Analysis

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.
Last ReportedProjected for 2024
Operating Margin 14.92  12.02 
EBITDA Margin 0.38  0.32 
Gross Margin 0.51  0.47 
Profit Margin 0.13  0.11 

Current Enbridge Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Enbridge analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Enbridge analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
39.44Buy22Odds
Enbridge current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Enbridge analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Enbridge stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Enbridge, talking to its executives and customers, or listening to Enbridge conference calls.
Enbridge Analyst Advice Details

Enbridge Stock Analysis Indicators

Enbridge stock analysis indicators help investors evaluate how Enbridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Enbridge shares will generate the highest return on investment. By understating and applying Enbridge stock analysis, traders can identify Enbridge position entry and exit signals to maximize returns.
Begin Period Cash Flow907 M
Long Term Debt74.7 B
Common Stock Shares Outstanding2.1 B
Total Stockholder Equity46.4 B
Tax Provision1.8 B
Quarterly Earnings Growth Y O Y-0.588
Property Plant And Equipment Net79.5 B
Cash And Short Term Investments4.5 B
Cash4.5 B
Accounts Payable3.3 B
Net Debt57.3 B
50 Day M A35.5754
Total Current Liabilities13.2 B
Other Operating Expenses34.6 B
Non Current Assets Total125.2 B
Forward Price Earnings16.7224
Non Currrent Assets Other-3.3 B
Stock Based Compensation-594 M
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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
2.11
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.