With 3.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.21 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $17.79 whereas the lowest price it dropped to was $17.595. The 52-week range on PAA shows that it touched its highest point at $19.17 and its lowest point at $15.02 during that stretch. It currently has a 1-year price target of $20.28. With its current market cap of 12.41 billion, PAA has annualized dividend of $1.27 while the current yield stands at 7.20%. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PAA was up-trending over the past week, with a rise of 4.75%, but this was down by -4.39% over a month. Three-month performance surged to 0.57% while six-month performance fell -5.47%. The stock gained 14.55% in the past year, while it has gained 3.22% so far this year. A look at the trailing 12-month EPS for PAA yields 1.12 with Next year EPS estimates of 1.42. For the next quarter, that number is 0.40. This implies an EPS growth rate of -5.57% for this year and 5.52% for next year.
Float and Shares Shorts:
At present, 703.67 million PAA shares are outstanding with a float of 456.74 million shares on hand for trading. On 2024-12-13, short shares totaled 10.61 million, which was 150.999995 higher than short shares on 1731628800. In addition to Mr. Wilfred C.W. Chiang as the firm’s CEO & Chairman of Plains All American GP LLC, Mr. Harry N. Pefanis serves as its President & Director of Plains All American GP LLC.
Institutional Ownership:
Through their ownership of 0.42051998 of PAA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PAA reported revenue of $12743000000.0 and operating income of $348000000.0. The EBITDA in the recently reported quarter was $728000000.0 and diluted EPS was $0.22.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PAA since 12 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PAA analysts setting a high price target of 24.0 and a low target of 17.5, the average target price over the next 12 months is 20.22294. Based on these targets, PAA could surge 36.13% to reach the target high and fall by -0.74% to reach the target low. Reaching the average price target will result in a growth of 14.71% from current levels.
Analysts have provided yearly estimates in a range of $1.68193 being high and $0.97035 being low. For PAA, this leads to a yearly average estimate of $1.33692.
