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Plains GP Holdings LP (NASDAQ: PAGP) closed the day trading at $18.66 up 1.08% from the previous closing price of $18.46. In other words, the price has increased by $1.08 from its previous closing price. On the day, 2.32 million shares were traded. PAGP stock price reached its highest trading level at $18.755 during the session, while it also had its lowest trading level at $18.46.
Ratios:
For a better understanding of PAGP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 5.54 whereas as Long-Term Debt/Eq ratio is at 5.03.
Barclays Downgraded its Equal Weight to Underweight on September 25, 2023, while the target price for the stock was maintained at $15.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 28 ’23 when Chiang Willie CW bought 62,000 shares for $16.24 per share. The transaction valued at 1,006,694 led to the insider holds 318,704 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAGP now has a Market Capitalization of 4341323776 and an Enterprise Value of 24634488832. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.63, and their Forward P/E ratio for the next fiscal year is 10.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 2.47. Its current Enterprise Value per Revenue stands at 0.496 whereas that against EBITDA is 10.092.
Stock Price History:
The Beta on a monthly basis for PAGP is 1.51, which has changed by 0.16320097 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, PAGP has reached a high of $20.10, while it has fallen to a 52-week low of $14.71. The 50-Day Moving Average of the stock is -0.47%, while the 200-Day Moving Average is calculated to be 6.84%.
Shares Statistics:
Over the past 3-months, PAGP traded about 1.37M shares per day on average, while over the past 10 days, PAGP traded about 1538560 shares per day. A total of 196.42M shares are outstanding, with a floating share count of 191.93M. Insiders hold about 2.70% of the company’s shares, while institutions hold 81.33% stake in the company. Shares short for PAGP as of 1722384000 were 8184588 with a Short Ratio of 5.97, compared to 1719532800 on 8002712. Therefore, it implies a Short% of Shares Outstanding of 8184588 and a Short% of Float of 4.2600001999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.06608885The stock’s 5-year Average Dividend Yield is 8.26. The current Payout Ratio is 105.38% for PAGP, which recently paid a dividend on 2024-07-31 with an ex-dividend date of 1722384000. Stock splits for the company last occurred on 2016-11-16 when the company split stock in a 375:1000 ratio.
