On Monday, Plains All American Pipeline LP (NASDAQ: PAA) opened higher 0.90% from the last session, before settling in for the closing price of $17.87. Price fluctuations for PAA have ranged from $12.07 to $19.03 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 13.83% over the last five years. Company’s average yearly earnings per share was noted -5.75% at the time writing. With a float of $459.09 million, this company’s outstanding shares have now reached $701.01 million.
The firm has a total of 4200 workers. Let’s measure their productivity.
Plains All American Pipeline LP (PAA) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Plains All American Pipeline LP is 34.52%, while institutional ownership is 41.29%. The most recent insider transaction that took place on Nov 21 ’23, was worth 545,321. In this transaction EVP & CCO of this company sold 35,000 shares at a rate of $15.58, taking the stock ownership to the 279,223 shares.
Plains All American Pipeline LP (PAA) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.41 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.36) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.70% during the next five years compared to -12.41% drop over the previous five years of trading.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
Check out the current performance indicators for Plains All American Pipeline LP (PAA). In the past quarter, the stock posted a quick ratio of 0.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26. Likewise, its price to free cash flow for the trailing twelve months is 5.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.40, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.38 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Analysing the last 5-days average volume posted by the [Plains All American Pipeline LP, PAA], we can find that recorded value of 3.51 million was better than the volume posted last year of 3.43 million. As of the previous 9 days, the stock’s Stochastic %D was 76.52%. Additionally, its Average True Range was 0.33.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 78.12%, which indicates a significant increase from 66.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.55% in the past 14 days, which was higher than the 18.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.28, while its 200-day Moving Average is $15.77. Now, the first resistance to watch is $18.11. This is followed by the second major resistance level at $18.19. The third major resistance level sits at $18.33. If the price goes on to break the first support level at $17.89, it is likely to go to the next support level at $17.75. Should the price break the second support level, the third support level stands at $17.67.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
There are currently 701,071K shares outstanding in the company with a market cap of 12.64 billion. Presently, the company’s annual sales total 48,712 M according to its annual income of 1,230 M. Last quarter, the company’s sales amounted to 12,698 M and its income totaled 312,000 K.
