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The closing price of Plains All American Pipeline LP (NASDAQ: PAA) was $16.93 for the day, down -1.74% from the previous closing price of $17.23. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 4.18 million shares were traded. PAA stock price reached its highest trading level at $17.285 during the session, while it also had its lowest trading level at $16.825.
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 26.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.47. 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 0.78 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 11869131776 and an Enterprise Value of 25068132352. As of this moment, Plains’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.13, and their Forward P/E ratio for the next fiscal year is 12.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 0.515 whereas that against EBITDA is 10.419.
Stock Price History:
The Beta on a monthly basis for PAA is 1.55, which has changed by 0.37978816 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, PAA has reached a high of $19.03, while it has fallen to a 52-week low of $12.07. The 50-Day Moving Average of the stock is -2.13%, while the 200-Day Moving Average is calculated to be 7.26%.
Shares Statistics:
PAA traded an average of 3.57M shares per day over the past three months and 3789920 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 41.27% stake in the company. Shares short for PAA as of 1713139200 were 10824158 with a Short Ratio of 3.03, compared to 1710460800 on 11165829. Therefore, it implies a Short% of Shares Outstanding of 10824158 and a Short% of Float of 2.34.
Dividends & Splits
With its trailing 12-month dividend rate of 1.12, PAA has a forward annual dividend rate of 1.17. Against a Trailing Annual Dividend Yield of 0.0650029The 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.
Earnings Estimates
The current market rating for Plains All American Pipeline LP (PAA) reflects the collective analysis of 11.0 analysts closely monitoring its performance.On average, analysts expect EPS of $0.39 for the current quarter, with a high estimate of $0.47 and a low estimate of $0.21, while EPS last year was $0.41. The consensus estimate for the next quarter is $0.29, with high estimates of $0.41 and low estimates of $0.11.
Analysts are recommending an EPS of between $1.85 and $0.72 for the fiscal current year, implying an average EPS of $1.4. EPS for the following year is $1.44, with 14.0 analysts recommending between $2.02 and $0.87.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $14.11B to a low estimate of $12.53B. As of the current estimate, Plains All American Pipeline LP’s year-ago sales were $15.34BFor the next quarter, 7 analysts are estimating revenue of $13.07B. There is a high estimate of $15.92B for the next quarter, whereas the lowest estimate is $12.35B.
A total of 9 analysts have provided revenue estimates for PAA’s current fiscal year. The highest revenue estimate was $56.82B, while the lowest revenue estimate was $50.6B, resulting in an average revenue estimate of $53.01B. In the same quarter a year ago, actual revenue was $48.71BBased on 9 analysts’ estimates, the company’s revenue will be $54.71B in the next fiscal year. The high estimate is $59.29B and the low estimate is $50.36B.
