Is Enbridge Stock a Good Investment?

Enbridge Investment Advice

ENB

To provide specific investment advice or recommendations on Enbridge stock, we recommend investors consider the following general factors when evaluating Enbridge. This will help you to make an informed decision on whether to include Enbridge in one of your diversified portfolios:

Examine Enbridge's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Enbridge's leadership team and their track record. Good management can help Enbridge navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil & Gas Storage & Transportation space and any emerging trends that could impact Enbridge's business and its evolving consumer preferences.
Compare Enbridge's performance and market position to its competitors. Analyze how Enbridge is positioned in terms of product offerings, innovation, and market share.
Check if Enbridge pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Enbridge's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Enbridge stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Enbridge is a good investment.

Sell

Buy

Strong Buy

Enbridge advice module can be used to check and cross-verify current investment recommendation provided by analysts reviewing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Enbridge is not overpriced, please confirm all Enbridge fundamentals, including its price to earning, net income, and the relationship between the shares owned by insiders and revenue . Given that Enbridge has a price to earning of 20.33 X, we urge you to verify Enbridge market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Good	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Fairly Valued	Details
Odds Of Distress	Below Average	Details
Economic Sensitivity	Slowly supersedes the market	Details
Investor Sentiment	Impartial	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Enbridge Stock

Researching Enbridge's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 54.0% of the company shares are held by institutions such as insurance companies. The book value of Enbridge was currently reported as 27.08. The company has Price/Earnings To Growth (PEG) ratio of 1.72. Enbridge last dividend was issued on the 15th of November 2024. The entity had 2:1 split on the 1st of June 2011.

To determine if Enbridge is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Enbridge's research are outlined below:

	Enbridge has 81.2 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. Note however, debt could still be an excellent tool for Enbridge to invest in growth at high rates of return.
	Enbridge has a strong financial position based on the latest SEC filings
	Latest headline from cleantechnica.com: Winnipeg Is Making Major Local Transit Bus Firm New Flyer More Likely To Fail

Enbridge uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Enbridge. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Enbridge's 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	View
	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	View
	31st of December 2022 Last Financial Announcement	View

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. Below are the table of largest EPS Surprises Enbridge's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2005-11-01	2005-09-30	0.1	0.09	-0.01	10
2004-11-04	2004-09-30	0.09	0.08	-0.01	11
2004-01-27	2003-12-31	0.06	0.05	-0.01	16
2003-01-29	2002-12-31	0.07	0.06	-0.01	14
1999-01-26	1998-12-31	-0.01	-0.02	-0.01	100
2009-11-04	2009-09-30	0.19	0.21	0.02	10
2008-07-29	2008-06-30	0.19	0.21	0.02	10
2006-07-31	2006-06-30	0.14	0.16	0.02	14

Know Enbridge's Top 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 Inc	2024-09-30	24.2 M
Legal & General Group Plc	2024-06-30	23.2 M
Barrow Hanley Mewhinney & Strauss Llc	2024-09-30	21 M
Norges Bank	2024-06-30	20.8 M
Manufacturers Life Insurance Co	2024-09-30	19.8 M
Clearbridge Advisors, Llc	2024-06-30	18.8 M
The Toronto-dominion Bank	2024-06-30	18.7 M
Mackenzie Investments	2024-09-30	18.6 M
Goldman Sachs Group Inc	2024-06-30	16.3 M
Royal Bank Of Canada	2024-06-30	130.2 M
Vanguard Group Inc	2024-09-30	88 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's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 94.24 B.

Market Cap

31.38 Billion

Enbridge's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.04	0.04
Return On Capital Employed	0.05	0.08
Return On Assets	0.03	0.04
Return On Equity	0.10	0.14

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 0.15 %, which entails that for every 100 dollars of revenue, it generated $0.15 of operating income.

Determining Enbridge's profitability involves analyzing its financial statements and using various financial metrics to determine if Enbridge is a good buy. For example, gross profit margin measures Enbridge's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Enbridge's profitability and make more informed investment decisions.

Please note, the presentation of Enbridge's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enbridge's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Enbridge's management manipulating its earnings.

Evaluate Enbridge's management efficiency

Enbridge has Return on Asset of 0.0313 % which means that on every $100 spent on assets, it made $0.0313 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0959 %, implying that it generated $0.0959 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. At present, Enbridge's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.04, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, Enbridge's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 174.2 B, whereas Return On Tangible Assets are forecasted to decline to 0.04.

	Last Reported	Projected for Next Year
Book Value Per Share	31.36	32.93
Tangible Book Value Per Share	14.15	14.86
Enterprise Value Over EBITDA	10.62	12.43
Price Book Value Ratio	1.60	1.52
Enterprise Value Multiple	10.62	12.43
Price Fair Value	1.60	1.52
Enterprise Value	28.4 B	29.8 B

Leadership effectiveness at Enbridge is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.

Dividend Yield

0.0597

Forward Dividend Yield

0.0597

Forward Dividend Rate

2.6

Beta

0.91

Basic technical analysis of Enbridge Stock

As of the 23rd of November, Enbridge shows the Downside Deviation of 0.6459, mean deviation of 0.6575, and Semi Deviation of 0.4115. 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.

Enbridge's 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.

		Mark Maki over six months ago Disposition of 76400 shares by Mark Maki of Enbridge at 28.99 subject to Rule 16b-3
		Pamela Carter over six months ago Acquisition by Pamela Carter of 645 shares of Enbridge subject to Rule 16b-3
		Vernon Yu over a year ago Enbridge exotic insider transaction detected

Enbridge's Outstanding Corporate Bonds

Enbridge issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Enbridge uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Enbridge bonds can be classified according to their maturity, which is the date when Enbridge has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Boeing Co 2196 Corp Bond US097023DG73	View
	HSBC Holdings PLC Corp Bond US404280DR76	View

View All Enbridge Corporate Bonds

Understand Enbridge's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Enbridge's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1768
	Market Risk Adjusted Performance	0.4345
	Mean Deviation	0.6575
	Semi Deviation	0.4115
	Downside Deviation	0.6459
	Coefficient Of Variation	434.5
	Standard Deviation	0.79
	Variance	0.6241
	Information Ratio	0.0646
	Jensen Alpha	0.1229
	Total Risk Alpha	0.0474
	Sortino Ratio	0.079
	Treynor Ratio	0.4245
	Maximum Drawdown	3.55
	Value At Risk	(1.04)
	Potential Upside	1.57
	Downside Variance	0.4173
	Semi Variance	0.1693
	Expected Short fall	(0.79)
	Skewness	0.218
	Kurtosis	(0.52)

	Risk Adjusted Performance	0.1768
	Market Risk Adjusted Performance	0.4345
	Mean Deviation	0.6575
	Semi Deviation	0.4115
	Downside Deviation	0.6459
	Coefficient Of Variation	434.5
	Standard Deviation	0.79
	Variance	0.6241
	Information Ratio	0.0646
	Jensen Alpha	0.1229
	Total Risk Alpha	0.0474
	Sortino Ratio	0.079
	Treynor Ratio	0.4245
	Maximum Drawdown	3.55
	Value At Risk	(1.04)
	Potential Upside	1.57
	Downside Variance	0.4173
	Semi Variance	0.1693
	Expected Short fall	(0.79)
	Skewness	0.218
	Kurtosis	(0.52)

Consider Enbridge's intraday 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.

	Accumulation Distribution	0.0112
	Daily Balance Of Power	(0.47)
	Rate Of Daily Change	0.99
	Day Median Price	43.46
	Day Typical Price	43.39
	Market Facilitation Index	0.49
	Price Action Indicator	(0.31)
	Period Momentum Indicator	(0.23)
	Relative Strength Index	12.16

Enbridge Corporate Filings

13A	8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934	View Verify
8K	1st of November 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
	26th of June 2024 Other Reports	View Verify
	21st of June 2024 Other Reports	View Verify

Enbridge time-series forecasting models is one of many Enbridge's stock analysis techniques aimed to predict 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.

Enbridge Stock media impact

Far too much social signal, news, headlines, and media speculation about Enbridge that are available to investors today. That information is available publicly through Enbridge media outlets and privately through word of mouth or via Enbridge internal channels. However, regardless of the origin, that massive amount of Enbridge data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Enbridge news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Enbridge relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Enbridge's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Enbridge alpha.

Enbridge Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Enbridge can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Enbridge Historical Investor Sentiment

Investor biases related to Enbridge's public news can be used to forecast risks associated with an investment in Enbridge. The trend in average sentiment can be used to explain how an investor holding Enbridge can time the market purely based on public headlines and social activities around Enbridge. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Enbridge's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Enbridge and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Enbridge news discussions. The higher the estimate score, the more favorable the investor's outlook on Enbridge.

Enbridge Corporate Directors

Stephen Poloz	Independent Director	Profile
Jonathan Gould	Director, Investor Relations	Profile
Teresa Madden	Independent Director	Profile
Susan Cunningham	Independent Director	Profile

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: