On Monday, Plains All American Pipeline LP (NASDAQ: PAA) opened higher 1.15% from the last session, before settling in for the closing price of $16.55. Price fluctuations for PAA have ranged from $13.11 to $19.03 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 13.83%. Company’s average yearly earnings per share was noted -5.17% at the time writing. With a float of $456.16 million, this company’s outstanding shares have now reached $701.01 million.
Let’s determine the extent of company efficiency that accounts for 4200 employees.
Plains All American Pipeline LP (PAA) Breakdown of a Key Holders of the stock
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 34.93%, while institutional ownership is 41.04%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.25 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.24) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.17% 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 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.24. Likewise, its price to free cash flow for the trailing twelve months is 6.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.17, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.44 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Looking closely at Plains All American Pipeline LP (NASDAQ: PAA), its last 5-days average volume was 1.46 million, which is a drop from its year-to-date volume of 3.11 million. As of the previous 9 days, the stock’s Stochastic %D was 25.81%. Additionally, its Average True Range was 0.32.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 42.82%, which indicates a significant increase from 37.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.73% in the past 14 days, which was lower than the 19.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.40, while its 200-day Moving Average is $16.14. However, in the short run, Plains All American Pipeline LP’s stock first resistance to watch stands at $16.88. Second resistance stands at $17.01. The third major resistance level sits at $17.20. If the price goes on to break the first support level at $16.56, it is likely to go to the next support level at $16.37. Now, if the price goes above the second support level, the third support stands at $16.24.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
There are currently 701,071K shares outstanding in the company with a market cap of 11.74 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 11,995 M and its income totaled 266,000 K.
