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In the latest session, Plains All American Pipeline LP (NASDAQ: PAA) closed at $18.77 up 0.48% from its previous closing price of $18.68. In other words, the price has increased by $0.48 from its previous closing price. On the day, 1.38 million shares were traded. PAA stock price reached its highest trading level at $18.825 during the session, while it also had its lowest trading level at $18.6.
Ratios:
For a deeper understanding of Plains All American Pipeline LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.27. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.73.
Barclays Downgraded its Equal Weight to Underweight on September 25, 2023, while the target price for the stock was maintained at $15.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 21 ’23 when Goebel Jeremy L. sold 35,000 shares for $15.58 per share. The transaction valued at 545,321 led to the insider holds 279,223 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, PAA now has a Market Capitalization of 13159102464 and an Enterprise Value of 26500104192. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.06, and their Forward P/E ratio for the next fiscal year is 12.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 0.548 whereas that against EBITDA is 10.794.
Stock Price History:
The Beta on a monthly basis for PAA is 1.59, which has changed by 0.28210378 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, PAA has reached a high of $19.03, while it has fallen to a 52-week low of $14.25. The 50-Day Moving Average of the stock is 7.46%, while the 200-Day Moving Average is calculated to be 14.51%.
Shares Statistics:
For the past three months, PAA has traded an average of 2.55M shares per day and 2043740 over the past ten days. A total of 701.01M shares are outstanding, with a floating share count of 456.16M. Insiders hold about 34.93% of the company’s shares, while institutions hold 41.04% stake in the company. Shares short for PAA as of 1719532800 were 11997994 with a Short Ratio of 4.70, compared to 1717113600 on 12971645. Therefore, it implies a Short% of Shares Outstanding of 11997994 and a Short% of Float of 2.5899999.
Dividends & Splits
According to the company, the forward annual dividend rate for PAA is 1.17, from 1.17 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06263383The stock’s 5-year Average Dividend Yield is 8.56. The current Payout Ratio is 76.63% for PAA, which recently paid a dividend on 2024-04-30 with an ex-dividend date of 1722384000. Stock splits for the company last occurred on 2012-10-02 when the company split stock in a 2:1 ratio.
