Market Insight: Plains All American Pipeline LP (PAA)’s Notable Drop, Closing at 16.71

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In the latest session, Plains All American Pipeline LP (NASDAQ: PAA) closed at $16.71 down -4.30% from its previous closing price of $17.46. In other words, the price has decreased by -$4.30 from its previous closing price. On the day, 5.33 million shares were traded. PAA stock price reached its highest trading level at $17.26 during the session, while it also had its lowest trading level at $16.69.

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 33.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.29. 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 0.82 whereas as Long-Term Debt/Eq ratio is at 0.77.

Wells Fargo Downgraded its Overweight to Equal Weight on December 18, 2024, whereas the target price for the stock was revised from $22 to $20.

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 11760096256 and an Enterprise Value of 24993095680. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.84, and their Forward P/E ratio for the next fiscal year is 10.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 0.499 whereas that against EBITDA is 9.226.

Stock Price History:

The Beta on a monthly basis for PAA is 0.70, which has changed by -0.04459691 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, PAA has reached a high of $21.00, while it has fallen to a 52-week low of $15.57. The 50-Day Moving Average of the stock is -11.75%, while the 200-Day Moving Average is calculated to be -8.42%.

Shares Statistics:

For the past three months, PAA has traded an average of 3.86M shares per day and 3257740 over the past ten days. A total of 703.77M shares are outstanding, with a floating share count of 454.75M. Insiders hold about 35.38% of the company’s shares, while institutions hold 41.11% stake in the company. Shares short for PAA as of 1744675200 were 9591990 with a Short Ratio of 2.49, compared to 1741910400 on 11938339. Therefore, it implies a Short% of Shares Outstanding of 9591990 and a Short% of Float of 2.07.

Dividends & Splits

According to the company, the forward annual dividend rate for PAA is 1.40, from 1.333 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0780445The stock’s 5-year Average Dividend Yield is 8.03. The current Payout Ratio is 173.45% for PAA, which recently paid a dividend on 2025-01-31 with an ex-dividend date of 1746057600. Stock splits for the company last occurred on 2012-10-02 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 9.0 analysts. The consensus estimate for the next quarter is $0.34, with high estimates of $0.44 and low estimates of $0.28.

Analysts are recommending an EPS of between $1.92 and $1.27 for the fiscal current year, implying an average EPS of $1.61. EPS for the following year is $1.57, with 9.0 analysts recommending between $1.94 and $1.08.

Revenue Estimates

A total of 6 analysts believe the company’s revenue will be $13.29B this quarter.It ranges from a high estimate of $13.62B to a low estimate of $12.73B. As of the current estimate, Plains All American Pipeline LP’s year-ago sales were $11.99BFor the next quarter, 6 analysts are estimating revenue of $13.5B. There is a high estimate of $13.85B for the next quarter, whereas the lowest estimate is $13.25B.

A total of 8 analysts have provided revenue estimates for PAA’s current fiscal year. The highest revenue estimate was $58.88B, while the lowest revenue estimate was $49.32B, resulting in an average revenue estimate of $54.39B. In the same quarter a year ago, actual revenue was $50.07BBased on 8 analysts’ estimates, the company’s revenue will be $55.5B in the next fiscal year. The high estimate is $60.24B and the low estimate is $49.27B.

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