Enbridge Stock Buy Hold or Sell Recommendation
| ENB Stock | CAD 61.52 0.10 0.16% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Enbridge is 'Strong Buy'. The recommendation algorithm takes into account all of Enbridge's available fundamental, technical, and predictive indicators you will find on this site.
Check out Enbridge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide. In addition, we conduct extensive research on individual companies such as Enbridge and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enbridge |
Execute Enbridge Buy or Sell Advice
The Enbridge recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Enbridge. Macroaxis does not own or have any residual interests in Enbridge or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Enbridge's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Enbridge Trading Alerts and Improvement Suggestions
| Enbridge is unlikely to experience financial distress in the next 2 years | |
| Enbridge has accumulated 8.26 B in total debt with debt to equity ratio (D/E) of 1.22, which is about average as compared to similar companies. Enbridge has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enbridge until it has trouble settling it off, either with new capital or with free cash flow. So, Enbridge's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enbridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enbridge to invest in growth at high rates of return. When we think about Enbridge's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: Enbridges SWOT analysis stock stability amid diversified growth prospects - Investing.com |
Enbridge Returns Distribution Density
The distribution of Enbridge's historical returns is an attempt to chart the uncertainty of Enbridge's future price movements. The chart of the probability distribution of Enbridge daily returns describes the distribution of returns around its average expected value. We use Enbridge price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Enbridge returns is essential to provide solid investment advice for Enbridge.
| Mean Return | 0.07 | Value At Risk | -2.44 | Potential Upside | 1.68 | Standard Deviation | 1.14 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Enbridge historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Enbridge Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (254M) | (118M) | (599M) | 763M | 177M | 185.9M | |
| Change In Cash | (186M) | (170M) | 587M | 5.1B | (4.0B) | (3.8B) | |
| Free Cash Flow | 4.2B | 1.2B | 6.4B | 9.3B | 5.7B | 6.0B | |
| Depreciation | 3.7B | 3.9B | 4.3B | 4.6B | 5.2B | 5.4B | |
| Other Non Cash Items | 268M | 77M | 2.8B | (201M) | 218M | 122.1M | |
| Dividends Paid | 6.9B | 7.1B | 7.3B | 7.6B | 8.3B | 8.7B | |
| Capital Expenditures | 5.6B | 8.1B | 4.8B | 4.9B | 6.9B | 3.7B | |
| Net Income | 3.4B | 6.3B | 2.9B | 6.1B | 5.4B | 5.7B | |
| End Period Cash Flow | 490M | 320M | 907M | 6.0B | 2B | 2.1B | |
| Investments | (5.2B) | (107M) | (5.3B) | (5.6B) | (20.4B) | (19.3B) | |
| Net Borrowings | 2.2B | 2.5B | 9.1B | 2.5B | 2.2B | 2.6B | |
| Change To Netincome | 561M | 2.6B | 831M | 3.9B | 4.5B | 4.7B |
Enbridge Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Enbridge or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Enbridge's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Enbridge stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.47 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | 0.14 |
Enbridge Volatility Alert
Enbridge has relatively low volatility with skewness of -0.91 and kurtosis of 2.46. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Enbridge's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Enbridge's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Enbridge Fundamentals Vs Peers
Comparing Enbridge's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Enbridge's direct or indirect competition across all of the common fundamentals between Enbridge and the related equities. This way, we can detect undervalued stocks with similar characteristics as Enbridge or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Enbridge's fundamental indicators could also be used in its relative valuation, which is a method of valuing Enbridge by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Enbridge to competition |
| Fundamentals | Enbridge | Peer Average |
| Return On Equity | 0.0844 | -0.31 |
| Return On Asset | 0.0314 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 240.75 B | 16.62 B |
| Shares Outstanding | 2.18 B | 571.82 M |
| Shares Owned By Insiders | 0.07 % | 10.09 % |
| Shares Owned By Institutions | 53.96 % | 39.21 % |
| Number Of Shares Shorted | 22.9 M | 4.71 M |
| Price To Earning | 37.87 X | 28.72 X |
| Price To Book | 2.27 X | 9.51 X |
| Price To Sales | 2.51 X | 11.42 X |
| Revenue | 53.47 B | 9.43 B |
| Gross Profit | 24.43 B | 27.38 B |
| EBITDA | 15.19 B | 3.9 B |
| Net Income | 5.44 B | 570.98 M |
| Cash And Equivalents | 861 M | 2.7 B |
| Cash Per Share | 0.69 X | 5.01 X |
| Total Debt | 8.26 B | 5.32 B |
| Debt To Equity | 1.22 % | 48.70 % |
| Current Ratio | 0.58 X | 2.16 X |
| Book Value Per Share | 27.13 X | 1.93 K |
| Cash Flow From Operations | 12.6 B | 971.22 M |
| Short Ratio | 1.80 X | 4.00 X |
| Earnings Per Share | 2.34 X | 3.12 X |
| Price To Earnings To Growth | 2.11 X | 4.89 X |
| Target Price | 64.43 | |
| Number Of Employees | 14.5 K | 18.84 K |
| Beta | 0.89 | -0.15 |
| Market Capitalization | 134.06 B | 19.03 B |
| Total Asset | 218.97 B | 29.47 B |
| Retained Earnings | (20.05 B) | 9.33 B |
| Working Capital | (10.65 B) | 1.48 B |
Enbridge Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Enbridge . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Enbridge Buy or Sell Advice
When is the right time to buy or sell Enbridge? Buying financial instruments such as Enbridge Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Enbridge in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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An experimental equal-weighted index theme of selected equities generated based on Macroaxis rating and scoring system. The Macroaxis Index theme has 46 constituents at this time.
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Check out Enbridge Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.