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Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

Zacks Equity Research
·2 min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

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Enterprise Products Partners (EPD)

Headquartered in Houston, TX, Enterprise Products Partners is among the leading midstream energy players in North America. With its wide base of midstream infrastructure assets, the partnership provides services to producers and consumers of commodities that include natural gas, natural gas liquids (NGL), oil and refined petrochemical products. It was formed in April 1998.

EPD sits at a Zacks Rank #2 (Buy), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Oil and Gas - Production Pipeline - MLB industry's P/E of 12.2X, shares of Enterprise Products Partners are trading at a forward P/E of 10.6X. EPD also has a PEG Ratio of 1.3, a Price/Cash Flow ratio of 7.9X, and a Price/Sales ratio of 1.2X.

Many value investors pay close attention to a company's earnings as well. For EPD, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.06 to $2.71 per share for 2024. Per share EPD boasts an average earnings surprise of 1%.

With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding EPD to their portfolios.

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Enterprise Products Partners L.P. (EPD) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research