Enbridge(US:ENB) ZACKS·2026-01-05 23:51Company Performance - Enbridge (ENB) closed at $46.58, reflecting a -3.2% change from the previous day, underperforming the S&P 500 which gained 0.64% [1] - Over the past month, Enbridge's stock has increased by 0.06%, lagging behind the Oils-Energy sector's gain of 1.8% and the S&P 500's gain of 0.55% [1] Upcoming Earnings - Enbridge's upcoming earnings release is anticipated, with projected earnings per share (EPS) of $0.57, indicating a 7.55% increase from the same quarter last year [2] - The consensus estimate for revenue is $11.71 billion, reflecting a 1.02% increase compared to the same quarter of the previous year [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $2.09 per share and revenue of $43.77 billion, showing changes of +4.5% and 0% respectively from the previous year [3] - Recent changes to analyst estimates for Enbridge are important, as positive revisions indicate analyst optimism about the business and profitability [3] Zacks Rank and Valuation - Enbridge currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 1.64% in the past month [5] - The company is trading at a Forward P/E ratio of 21.82, which is a premium compared to the industry average Forward P/E of 15.65 [6] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 42, placing it within the top 18% of over 250 industries [6] - The Zacks Industry Rank evaluates the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]