Plains All American Pipeline LP (PAA) concluded trading on Thursday at a closing price of $19.26, with 5.65 million shares of worth about $108.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.50% during that period and on March 13, 2025 the price saw a loss of about -1.53%. Currently the company’s common shares owned by public are about 703.77M shares, out of which, 454.75M shares are available for trading.
Stock saw a price change of 1.37% in past 5 days and over the past one month there was a price change of -2.33%. Year-to-date (YTD), PAA shares are showing a performance of 12.76% which increased to 15.81% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.21 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 4.17 million. The stock is currently trading -2.78% below its 20-day simple moving average (SMA20), while that difference is down -1.57% for SMA50 and it goes to 6.61% higher than SMA200.
Plains All American Pipeline LP (NASDAQ: PAA) currently have 703.77M outstanding shares and institutions hold larger chunk of about 41.08% of that.
The stock has a current market capitalization of $13.55B and its 3Y-monthly beta is at 1.15. PE ratio of stock for trailing 12 months is 26.32, while it has posted earnings per share of $0.73 in the same period. Its PEG reads 7.31 and has Quick Ratio of 0.88 while making debt-to-equity ratio of 0.82. 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 2.92% while standing at 2.67% over the month.
Stock’s fiscal year EPS is expected to rise by 1.75% while it is estimated to increase by 1.76% in next year. EPS is likely to grow at an annualized rate of 3.60% for next 5-years, compared to annual growth of -22.68% 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.
