Tomorrow Is Not Likely To Be Same For Plains All American Pipeline LP (PAA)

Plains All American Pipeline LP (PAA) concluded trading on Thursday at a closing price of $18.20, with 3.02 million shares of worth about $54.98 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.37% during that period and on April 24, 2025 the price saw a gain of about 3.06%. 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 4.00% in past 5 days and over the past one month there was a price change of -9.81%. Year-to-date (YTD), PAA shares are showing a performance of 6.56% which increased to 1.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $15.57 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 4.06 million. The stock is currently trading 0.79% above its 20-day simple moving average (SMA20), while that difference is down -4.96% for SMA50 and it goes to -0.36% lower than SMA200.

Plains All American Pipeline LP (NASDAQ: PAA) currently have 703.77M outstanding shares and institutions hold larger chunk of about 41.07% of that.

The stock has a current market capitalization of $12.81B and its 3Y-monthly beta is at 0.72. PE ratio of stock for trailing 12 months is 24.87, while it has posted earnings per share of $0.73 in the same period. Its PEG reads 9.25 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 4.17% over the month.

Stock’s fiscal year EPS is expected to rise by 2.86% while it is estimated to decrease by -1.23% in next year. EPS is likely to grow at an annualized rate of 2.69% 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.

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