2 Stocks Attracting Lots Of Interest: Oaktree Capital Group, LLC (OAK), Enterprise Products Partners L.P. (EPD)

1 analysts out of 9 Wall Street brokerage firms rate Oaktree Capital Group, LLC (NYSE:OAK) as a Buy, while 0 see it as a Sell. The rest 8 describe it as a Hold. OAK stock traded higher to an intra-day high of $49.29. At one point in session, its potential discontinued and the price was down to lows at $48.67. Analysts have set OAK’s consensus price at $44.25, effectively giving it a -9.23% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $51 (up 4.62% from current price levels). OAK has a 21.9% ROE, higher than the 10.38% average for the industry. The average ROE for the sector is 16.13%.

It is expected that in Mar 2019 quarter OAK will have an EPS of $1.24, suggesting a 33.33% growth. For Jun 2019 is projected at $0.61. It means that there could be a 19.61% growth in the quarter. Yearly earnings are expected to rise by 25.86% to about $3.31. As for the coming year, growth will be about 4.83%, lifting earnings to $3.47. RSI after the last trading period was 77.65. OAK recorded a change of 12.66% over the past week and returned 20.1% over the last three months while the OAK stock’s monthly performance revealed a shift in price of 14.3%. The year to date (YTD) performance stands at 22.64%, and the bi-yearly performance specified an activity trend of 23.42% while the shares have moved 19.78% for the past 12 months.

Oaktree Capital Group, LLC (OAK) currently trades at $48.75, which is lower by -1% its previous price. It has a total of 155.52 million outstanding shares, with an ATR of around 1.11. The company’s stock volume rose to 8.12 million, better than 464.67 thousands that represents its 50-day average. A 5-day increase of about 12.66% in its price means OAK is now 22.64% higher on year-to-date. The shares have surrendered $43300.25 since its $49.61 52-week high price recorded on 13th of March 2019. Overall, it has seen a growth rate of 19.78 over the last 12 months. The current price per share is $10.1 above the 52 week low of $38.65 set on 6th of September 2018.

Oaktree Capital Group, LLC (NYSE:OAK)’s EPS was $0.43 as reported for the December quarter. In comparison, the same quarter a year ago had an EPS of $0.72. That means that its growth in general now stands at -40%. Therefore, a prediction of $0.38 given by the analysts brought a positive surprise of 13%. OAK Dec 19 quarter revenue was $290.17 million, compared to $327.4 million recorded in same quarter last year, giving it a -11% growth rate. The company’s $-37.23 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Enterprise Products Partners L.P. (NYSE:EPD) shares depreciated -0.88% over the last trading period, taking overall 5-day performance up to -0.04%. EPD’s price now at $28.21 is greater than the 50-day average of $27.71. Getting the trading period increased to 200 days, the stock price was seen at $27.88 on average. The general public currently hold control of a total of 1.48 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 2.2 billion. The company’s management holds a total of 0.3%, while institutional investors hold about 37.7% of the remaining shares. EPD share price finished last trade 0.31% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 1.18%, while closing the session with 2.06% distance from 50 day simple moving average.

Enterprise Products Partners L.P. (EPD) shares were last observed trading -6.12% down since July 26, 2018 when the peak of $30.05 was hit. Last month’s price growth of 1.4% puts EPD performance for the year now at 14.72%. Consequently, the shares price is trending higher by 24.09%, a 52-week worst price since Mar. 15, 2018. However, it is losing value with -2.35% 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 $27.98 and $28.09. The immediate resistance area is now $28.4 Williams’s %R (14) for EPD moved to 29.51 while the stochastic %K points at 86.07.

EPD’s beta is 0.93; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $1.9 per share from its yearly profit to its outstanding shares. Its last reported revenue is $9.18 billion, which was 9% versus $8.43 billion in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.59 compared to $0.36 in the year-ago quarter and had represented 64% year-over-year earnings per share growth. EPD’s ROA is 7.3%, higher than the 2.48% 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 8.84%.

Estimated quarterly earnings for Enterprise Products Partners L.P. (NYSE:EPD) are around $0.47 per share in three months through March with $0.47 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 20.51% and 2.17%, respectively. Analysts estimate full-year growth to be -1.03%, the target being $1.92 a share. The upcoming year will see an increase in growth by percentage to 5.21%, more likely to see it hit the $2.02 per share. The firm’s current profit margin over the past 12 months is 11.4%. EPD ranks lower in comparison to an average of 11.61% for industry peers; while the average for the sector is 11.11%.