Financial Snapshot: Analyzing Plains All American Pipeline LP (PAA)’s Key Ratio Metrics

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The closing price of Plains All American Pipeline LP (NASDAQ: PAA) was $17.31 for the day, down -0.80% from the previous closing price of $17.45. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 2.63 million shares were traded. PAA stock price reached its highest trading level at $17.56 during the session, while it also had its lowest trading level at $17.23.

Ratios:

Our analysis of PAA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.71. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 12135538688 and an Enterprise Value of 23233310720. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.81, and their Forward P/E ratio for the next fiscal year is 12.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 0.48 whereas that against EBITDA is 9.464.

Stock Price History:

The Beta on a monthly basis for PAA is 1.59, which has changed by 0.28317273 over the last 52 weeks, in comparison to a change of 0.2644323 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 $12.68. The 50-Day Moving Average of the stock is -1.13%, while the 200-Day Moving Average is calculated to be 8.74%.

Shares Statistics:

PAA traded an average of 3.31M shares per day over the past three months and 2822630 shares per day over the past ten days. A total of 701.01M shares are outstanding, with a floating share count of 459.09M. Insiders hold about 34.52% of the company’s shares, while institutions hold 41.33% stake in the company. Shares short for PAA as of 1714435200 were 11372014 with a Short Ratio of 3.43, compared to 1711584000 on 10263507. Therefore, it implies a Short% of Shares Outstanding of 11372014 and a Short% of Float of 2.4600001.

Dividends & Splits

With its trailing 12-month dividend rate of 1.17, PAA has a forward annual dividend rate of 1.17. Against a Trailing Annual Dividend Yield of 0.067048706The stock’s 5-year Average Dividend Yield is 8.51. The current Payout Ratio is 76.63% for PAA, which recently paid a dividend on 2024-04-30 with an ex-dividend date of 1714435200. Stock splits for the company last occurred on 2012-10-02 when the company split stock in a 2:1 ratio.

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