In the latest close session, Enbridge (ENB) was up +1.68% at $50.16. The stock's change was more than the S&P 500's daily loss of 0.51%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq lost 1.51%.
Shares of the oil and natural gas transportation and power transmission company witnessed a gain of 7.94% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 10.63%, and outperforming the S&P 500's gain of 0.93%.
Investors will be eagerly watching for the performance of Enbridge in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on February 13, 2026. In that report, analysts expect Enbridge to post earnings of $0.6 per share. This would mark year-over-year growth of 13.21%. Our most recent consensus estimate is calling for quarterly revenue of $11.75 billion, up 1.34% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.14 per share and a revenue of $44.07 billion, indicating changes of +7% and 0%, respectively, from the former year.
Any recent changes to analyst estimates for Enbridge should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.26% upward. Enbridge currently has a Zacks Rank of #3 (Hold).
Looking at valuation, Enbridge is presently trading at a Forward P/E ratio of 22.12. This signifies a premium in comparison to the average Forward P/E of 17.63 for its industry.
The Oil and Gas - Production and Pipelines industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 79, finds itself in the top 33% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Enbridge Inc (ENB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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