Enterprise GP (NYSE:EPE)‘s stock had its “hold” rating reissued by equities researchers at BMO Capital Markets in a report issued on Tuesday. They presently have a $2.00 target price on the energy producer’s stock. BMO Capital Markets’ target price would indicate a potential upside of 53.85% from the company’s previous close.

EPE has been the topic of a number of other research reports. Zacks Investment Research downgraded Enterprise GP from a “buy” rating to a “hold” rating in a research note on Monday, August 13th. KLR Group reissued a “hold” rating and issued a $3.00 price objective on shares of Enterprise GP in a research note on Monday, August 20th. Finally, Stifel Nicolaus set a $3.00 target price on Enterprise GP and gave the stock a “hold” rating in a research report on Thursday, July 19th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. Enterprise GP has a consensus rating of “Hold” and a consensus price target of $2.68.

Enterprise GP stock traded down $0.14 during mid-day trading on Tuesday, hitting $1.30. 1,861,800 shares of the company’s stock traded hands, compared to its average volume of 1,044,885. The company has a debt-to-equity ratio of 13.55, a current ratio of 0.56 and a quick ratio of 0.53. The company has a market capitalization of $398.76 million, a P/E ratio of -3.33 and a beta of 3.50. Enterprise GP has a one year low of $1.26 and a one year high of $3.50.

Enterprise GP (NYSE:EPE) last posted its quarterly earnings data on Wednesday, November 7th. The energy producer reported ($0.04) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.02). Enterprise GP had a negative return on equity of 12.75% and a negative net margin of 14.59%. The firm had revenue of $338.00 million during the quarter, compared to the consensus estimate of $322.15 million. On average, research analysts expect that Enterprise GP will post -0.1 earnings per share for the current fiscal year.

In other Enterprise GP news, SVP Raymond J. Ambrose purchased 50,000 shares of the stock in a transaction dated Wednesday, August 22nd. The shares were acquired at an average price of $1.77 per share, for a total transaction of $88,500.00. Following the completion of the acquisition, the senior vice president now owns 150,943 shares of the company’s stock, valued at approximately $267,169.11. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Apollo Investment Fund Vii L. P sold 613,553 shares of Enterprise GP stock in a transaction on Wednesday, August 15th. The shares were sold at an average price of $1.53, for a total value of $938,736.09. The disclosure for this sale can be found here. Over the last ninety days, insiders have bought 115,000 shares of company stock worth $203,400 and have sold 3,701,491 shares worth $6,032,183. 0.39% of the stock is owned by insiders.

An institutional investor recently bought a new position in Enterprise GP stock. Cpwm LLC purchased a new stake in shares of Enterprise GP Holdings L.P. (NYSE:EPE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 123,299 shares of the energy producer’s stock, valued at approximately $289,000. Hedge funds and other institutional investors own 66.51% of the company’s stock.

Enterprise GP Company Profile

EP Energy Corporation, an independent exploration and production company, engages in the exploration for and the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States. The company has interests in three primary areas, such as the Permian basin in West Texas; the Eagle Ford Shale in South Texas; and the Altamont Field in the Uinta basin in Northeastern Utah.

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Analyst Recommendations for Enterprise GP (NYSE:EPE)

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