Plains GP Holdings LP (PAGP) concluded trading on Thursday at a closing price of $21.49, with 4.05 million shares of worth about $87.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.09% during that period and on January 16, 2025 the price saw a gain of about 3.97%. Currently the company’s common shares owned by public are about 197.47M shares, out of which, 191.95M shares are available for trading.
Stock saw a price change of 7.83% in past 5 days and over the past one month there was a price change of 12.34%. Year-to-date (YTD), PAGP shares are showing a performance of 16.92% which increased to 30.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.78 but also hit the highest price of $20.95 during that period. The average intraday trading volume for Plains GP Holdings LP shares is 1.62 million. The stock is currently trading 13.01% above its 20-day simple moving average (SMA20), while that difference is up 13.41% for SMA50 and it goes to 14.93% higher than SMA200.
Plains GP Holdings LP (NASDAQ: PAGP) currently have 197.47M outstanding shares and institutions hold larger chunk of about 80.66% of that.
The stock has a current market capitalization of $16.60B and its 3Y-monthly beta is at 1.55. PE ratio of stock for trailing 12 months is 25.46, while it has posted earnings per share of $0.84 in the same period. It has Quick Ratio of 0.92 while making debt-to-equity ratio of 5.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PAGP, volatility over the week remained 2.98% while standing at 2.56% over the month.
Analysts are in expectations that Plains GP Holdings LP (PAGP) stock would likely to be making an EPS of 0.46 in the current quarter, while forecast for next quarter EPS is 0.45 and it is 1.46 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.43 which is 0.48 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.42 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 40.91% while it is estimated to increase by 29.46% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wolfe Research on January 10, 2025 offering an Outperform rating for the stock and assigned a target price of $22 to it. Coverage by Wells Fargo stated Plains GP Holdings LP (PAGP) stock as an Equal weight in their note to investors on December 18, 2024, suggesting a price target of $20 for the stock. On October 25, 2024, Morgan Stanley Downgrade their recommendations, while on April 08, 2024, Scotiabank Resumed their ratings for the stock with a price target of $23. Stock get a Sell rating from Goldman on October 06, 2023.
