Currently, there are 703.77M common shares owned by the public and among those 454.75M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -4.03% and 6.69% over the past three months. PAA shares are trading 13.00% year to date (YTD), with the 12-month market performance up to 17.54% higher. It has a 12-month low price of $16.21 and touched a high of $21.00 over the same period. PAA has an average intraday trading volume of 4.07 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.49%, 0.31%, and 7.24% respectively.
Institutional ownership of Plains All American Pipeline LP (NASDAQ: PAA) shares accounts for 41.08% of the company’s 703.77M shares outstanding.
It has a market capitalization of $13.58B and a beta (3y monthly) value of 1.16. The stock’s trailing 12-month PE ratio is 26.38, while the earnings-per-share (ttm) stands at $0.73. The company has a PEG of 10.11 and a Quick Ratio of 0.88 with the debt-to-equity ratio at 0.82. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.01% over the week and 2.53% over the month.
Earnings per share for the fiscal year are expected to increase by 0.91%, and 1.45% over the next financial year. EPS should grow at an annualized rate of 2.61% over the next five years, compared to -22.68% over the past 5-year period.
Looking at the support for the PAA, a number of firms have released research notes about the stock. Wolfe Research stated their Outperform rating for the stock in a research note on January 10, 2025, with the firm’s price target at $22. Scotiabank coverage for the Plains All American Pipeline LP (PAA) stock in a research note released on January 10, 2025 offered a Sector Outperform rating with a price target of $23. Wells Fargo was of a view on December 18, 2024 that the stock is Equal Weight, while Morgan Stanley gave the stock Equal-Weight rating on October 25, 2024, issuing a price target of $22- $19. BofA Securities on their part issued Neutral rating on October 17, 2024.
