In the latest trading session, Enbridge (ENB) closed at $47.18, marking a -1.11% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.58% for the day. Meanwhile, the Dow gained 0.31%, and the Nasdaq, a tech-heavy index, added 0.89%.
Coming into today, shares of the oil and natural gas transportation and power transmission company had lost 4.54% in the past month. In that same time, the Oils-Energy sector lost 1.02%, while the S&P 500 gained 0.16%.
The investment community will be paying close attention to the earnings performance of Enbridge in its upcoming release. The company is slated to reveal its earnings on November 7, 2025. The company is expected to report EPS of $0.39, down 2.5% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $10.86 billion, reflecting a 0.47% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $2.17 per share and a revenue of $41.88 billion, demonstrating changes of +8.5% and +7.47%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Enbridge. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.5% lower. Enbridge is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Enbridge's current valuation metrics, including its Forward P/E ratio of 21.95. This valuation marks a premium compared to its industry average Forward P/E of 15.9.
Investors should also note that ENB has a PEG ratio of 4.39 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Oil and Gas - Production and Pipelines was holding an average PEG ratio of 2.17 at yesterday's closing price.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 153, finds itself in the bottom 39% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Enbridge Inc (ENB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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