This Many Analysts Can’t Be Wrong About Enbridge Inc. (ENB), The Western Union Company (WU)

ENB’s EPS was $0.55 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.38. That means that its growth in general now stands at 45%. Therefore, a prediction of $0.52 given by the analysts brought a positive surprise of 6%. ENB Sep 18 quarter revenue was $11.35 billion, compared to $9.23 billion recorded in same quarter last year, giving it a 23% growth rate. The company’s $2.12 billion revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Enbridge Inc. (ENB) currently trades at $32.32, which is lower by -1.64% its previous price. It has a total of 1.85 billion outstanding shares, with an ATR of around 0.91. The company’s stock volume rose to 8.55 million, better than 4.06 million that represents its 50-day average. A 5-day decrease of about -0.09% in its price means ENB is now -17.36% lower on year-to-date. The shares have surrendered $43182.68 since its $41.21 52-week high price recorded on 5th of January 2018. Overall, it has seen a growth rate of -15.81 over the last 12 months. The current price per share is $3.32 above the 52 week low of $29.00 set on 25th of April 2018.

9 analysts out of 12 Wall Street brokerage firms rate ENB stock as a Buy, while 0 see it as a Sell. The rest 3 describe it as a Hold. The stock traded higher to an intra-day high of $32.56. At one point in session, its potential discontinued and the price was down to lows at $31.53. Analysts have set ENB’s consensus price at $45.03, effectively giving it a 39.33% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $49.57 (up 53.37% from current price levels). ENB has a 3.1% ROE, lower than the 4.78% average for the industry. The average ROE for the sector is 13.97%.

The Western Union Company (NYSE:WU) shares appreciated 0.71% over the last trading period, taking overall 5-day performance up to -1.91%. ENB’s price now at $18.49 is greater than the 50-day average of $18.42. Getting the trading period increased to 200 days, the stock price was seen at $19.38 on average. The general public currently hold control of a total of 441.43 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 441.62 million. The company’s management holds a total of 0.1%, while institutional investors hold about 0% of the remaining shares. ENB share price finished last trade -0.98% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -4.62%, while closing the session with 0.37% distance from 50 day simple moving average.

The Western Union Company (WU) shares were last observed trading -16.75% down since January 08, 2018 when the peak of $22.21 was hit. Last month’s price growth of 0.27% puts WU performance for the year now at -2.74%. Consequently, the shares price is trending higher by 6.3%, a 52-week worst price since Oct. 29, 2018. However, it is losing value with -11.02% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $17.83 and $18.16. The immediate resistance area is now $18.65 Williams’s%R (14) for WU moved to 52.63 while the stochastic%K points at 34.41.

WU’s beta is 1.05; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $0.76 per share from its yearly profit to its outstanding shares. Its last reported revenue is $1.39 billion, which was -1% versus $1.4 billion in the corresponding quarter last year. The EPS for Sep 18 quarter came in at $0.52 compared to $0.53 in the year-ago quarter and had represented -2% year-over-year earnings per share growth. WU’s ROA is -5.3%, lower than the 6.53% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 5.44%.