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As of close of business last night, Plains GP Holdings LP’s stock clocked out at $17.78, down -2.36% from its previous closing price of $18.21. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 2.55 million shares were traded. PAGP stock price reached its highest trading level at $18.2 during the session, while it also had its lowest trading level at $17.59.
Ratios:
To gain a deeper understanding of PAGP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.87 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 5.23 whereas as Long-Term Debt/Eq ratio is at 4.90.
Barclays Downgraded its Equal Weight to Underweight on September 25, 2023, while the target price for the stock was maintained at $15.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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.
Chiang Willie CW bought 75,000 shares of PAGP for $993,525 on May 08 ’23. The Chairman & CEO now owns 256,704 shares after completing the transaction at $13.25 per share.
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 4136588288 and an Enterprise Value of 24576817152. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.52, and their Forward P/E ratio for the next fiscal year is 9.87. 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 2.26. Its current Enterprise Value per Revenue stands at 0.505 whereas that against EBITDA is 10.24.
Stock Price History:
The Beta on a monthly basis for PAGP is 1.51, which has changed by 0.3879782 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, PAGP has reached a high of $19.77, while it has fallen to a 52-week low of $12.59. The 50-Day Moving Average of the stock is -1.47%, while the 200-Day Moving Average is calculated to be 8.02%.
Shares Statistics:
It appears that PAGP traded 2.13M shares on average per day over the past three months and 2384940 shares per day over the past ten days. A total of 196.42M shares are outstanding, with a floating share count of 191.80M. Insiders hold about 2.70% of the company’s shares, while institutions hold 81.68% stake in the company. Shares short for PAGP as of 1713139200 were 12490830 with a Short Ratio of 5.87, compared to 1710460800 on 10791459. Therefore, it implies a Short% of Shares Outstanding of 12490830 and a Short% of Float of 6.510000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.06150467The stock’s 5-year Average Dividend Yield is 8.21. The current Payout Ratio is 105.38% for PAGP, which recently paid a dividend on 2024-04-30 with an ex-dividend date of 1714435200. Stock splits for the company last occurred on 2016-11-16 when the company split stock in a 375:1000 ratio.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 7.0 analysts currently analyzing and rating the stock of Plains GP Holdings LP (PAGP).On average, analysts expect EPS of $0.28 for the current quarter, with a high estimate of $0.6 and a low estimate of -$0.09, while EPS last year was $0.35. The consensus estimate for the next quarter is $0.17, with high estimates of $0.52 and low estimates of -$0.19.
Analysts are recommending an EPS of between $2.31 and -$0.51 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $0.98, with 7.0 analysts recommending between $2.47 and -$0.37.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $12.79B. It ranges from a high estimate of $12.93B to a low estimate of $12.65B. As of the current estimate, Plains GP Holdings LP’s year-ago sales were $12.34BFor the next quarter, 3 analysts are estimating revenue of $12.73B. There is a high estimate of $12.83B for the next quarter, whereas the lowest estimate is $12.63B.
A total of 4 analysts have provided revenue estimates for PAGP’s current fiscal year. The highest revenue estimate was $56.82B, while the lowest revenue estimate was $51.67B, resulting in an average revenue estimate of $53.46B. In the same quarter a year ago, actual revenue was $48.71BBased on 4 analysts’ estimates, the company’s revenue will be $56.54B in the next fiscal year. The high estimate is $59.29B and the low estimate is $54.9B.
