November 20, 2023, Plains All American Pipeline LP (NASDAQ: PAA) trading session started at the price of $15.57, that was -0.06% drop from the session before. During the day, the shares moved up to $15.64 and dropped to $15.45 before settling in for the closing price of $15.54. A 52-week range for PAA has been $11.16 – $16.05.
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 22.46%. When this article was written, the company’s average yearly earnings per share was at 8.65%. With a float of $463.06 million, this company’s outstanding shares have now reached $698.35 million.
The extent of productivity of a business whose workforce counts for 4100 workers is very important to gauge. In terms of profitability, gross margin is +2.78, operating margin of +2.21, and the pretax margin is +2.48.
Plains All American Pipeline LP (PAA) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Plains All American Pipeline LP stocks. The insider ownership of Plains All American Pipeline LP is 33.94%, while institutional ownership is 41.61%.
Plains All American Pipeline LP (PAA) Latest Financial update
This company achieved a net margin of +1.81 while generating a return on equity of 10.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 43.70 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.40% during the next five years compared to 4.53% growth over the previous five years of trading.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
You can see what Plains All American Pipeline LP (PAA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22. Likewise, its price to free cash flow for the trailing twelve months is 7.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 1.35 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
The latest stats from [Plains All American Pipeline LP, PAA] show that its last 5-days average volume of 2.56 million was inferior to 3.89 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 51.42%. Additionally, its Average True Range was 0.30.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 76.21%, which indicates a significant increase from 48.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.46% in the past 14 days, which was higher than the 19.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.31, while its 200-day Moving Average is $14.03. Now, the first resistance to watch is $15.63. This is followed by the second major resistance level at $15.73. The third major resistance level sits at $15.82. If the price goes on to break the first support level at $15.44, it is likely to go to the next support level at $15.35. The third support level lies at $15.25 if the price breaches the second support level.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
There are 700,992K outstanding shares of the company, which has a market capitalization of 10.89 billion. As of now, sales total 57,342 M while income totals 1,037 M. Its latest quarter income was 12,071 M while its last quarter net income were 203,000 K.