Plains All American Pipeline LP (PAA) concluded trading on Thursday at a closing price of $20.01, with 4.72 million shares of worth about $94.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.20% during that period and on February 06, 2025 the price saw a loss of about -1.38%. Currently the company’s common shares owned by public are about 703.67M shares, out of which, 456.69M shares are available for trading.
Stock saw a price change of -4.53% in past 5 days and over the past one month there was a price change of 13.82%. Year-to-date (YTD), PAA shares are showing a performance of 17.15% which increased to 30.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.02 but also hit the highest price of $21.00 during that period. The average intraday trading volume for Plains All American Pipeline LP shares is 4.10 million. The stock is currently trading 0.02% above its 20-day simple moving average (SMA20), while that difference is up 7.77% for SMA50 and it goes to 12.42% higher than SMA200.
Plains All American Pipeline LP (NASDAQ: PAA) currently have 703.67M outstanding shares and institutions hold larger chunk of about 40.59% of that.
The stock has a current market capitalization of $14.08B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 17.81, while it has posted earnings per share of $1.12 in the same period. Its PEG reads 6.55 and has Quick Ratio of 0.92 while making debt-to-equity ratio of 0.81. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PAA, volatility over the week remained 2.50% while standing at 2.47% over the month.
Analysts are in expectations that Plains All American Pipeline LP (PAA) stock would likely to be making an EPS of 0.42 in the current quarter, while forecast for next quarter EPS is 0.41 and it is 1.46 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.37 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 drop by -3.58% while it is estimated to increase by 9.74% in next year. EPS is likely to grow at an annualized rate of 2.72% for next 5-years, compared to annual growth of -12.41% made by the stock over the past 5-years.
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 Scotiabank stated Plains All American Pipeline LP (PAA) stock as a Sector outperform in their note to investors on January 10, 2025, suggesting a price target of $23 for the stock. On December 18, 2024, Wells Fargo Downgrade their recommendations, while on October 25, 2024, Morgan Stanley Downgrade their ratings for the stock with a price target of $19. Stock get a Neutral rating from BofA Securities on October 17, 2024.
