On Friday, Plains All American Pipeline LP (NASDAQ: PAA) was 0.74% up from the session before settling in for the closing price of $16.27. A 52-week range for PAA has been $14.46 – $19.17.
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A company in the Energy sector has jumped its sales by 13.83% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -4.59%. With a float of $454.89 million, this company’s outstanding shares have now reached $701.01 million.
In an organization with 4200 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 3.73%, operating margin of 2.97%, and the pretax margin is 2.93%.
Plains All American Pipeline LP (PAA) Insider Updates
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 35.12%, while institutional ownership is 41.00%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.35 earnings per share (EPS) during the time that was better than consensus figure (set at 0.26) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.4 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.59% per share during the next fiscal year.
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 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.23. Likewise, its price to free cash flow for the trailing twelve months is 7.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.10, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.43 in one year’s time.
Technical Analysis of Plains All American Pipeline LP (PAA)
Let’s dig in a bit further. During the last 5-days, its volume was 3.12 million. That was better than the volume of 2.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 16.90%. 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 6.08%, which indicates a significant decrease from 13.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.54% in the past 14 days, which was lower than the 21.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.44, while its 200-day Moving Average is $17.29. However, in the short run, Plains All American Pipeline LP’s stock first resistance to watch stands at $16.52. Second resistance stands at $16.65. The third major resistance level sits at $16.78. If the price goes on to break the first support level at $16.26, it is likely to go to the next support level at $16.13. Assuming the price breaks the second support level, the third support level stands at $16.00.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
There are 701,081K outstanding shares of the company, which has a market capitalization of 11.58 billion. As of now, sales total 48,712 M while income totals 1,230 M. Its latest quarter income was 12,933 M while its last quarter net income were 250,000 K.
