Plains All American Pipeline LP (NASDAQ: PAA) kicked off on Monday, up 1.69% from the previous trading day, before settling in for the closing price of $17.18. Over the past 52 weeks, PAA has traded in a range of $14.46-$19.17.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Energy Sector giant saw their annual sales surged by 13.83% over the last five years. While this was happening, its average annual earnings per share was recorded -5.88%. With a float of $455.83 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. In terms of profitability, gross margin is 27.33%, operating margin of 3.16%, and the pretax margin is 3.08%.
Plains All American Pipeline LP (PAA) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Plains All American Pipeline LP is 35.22%, while institutional ownership is 40.64%. 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
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.42 earnings per share (EPS), higher than consensus estimate (set at 0.35) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.88% per share during the next fiscal year.
Plains All American Pipeline LP (NASDAQ: PAA) Trading Performance Indicators
Take a look at Plains All American Pipeline LP’s (PAA) current performance indicators. Last quarter, stock had a quick ratio of 0.92. 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 5.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.40 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)
Analysing the last 5-days average volume posted by the [Plains All American Pipeline LP, PAA], we can find that recorded value of 3.49 million was better than the volume posted last year of 2.78 million. As of the previous 9 days, the stock’s Stochastic %D was 45.98%. Additionally, its Average True Range was 0.37.
During the past 100 days, Plains All American Pipeline LP’s (PAA) raw stochastic average was set at 42.57%, which indicates a significant decrease from 68.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.28% in the past 14 days, which was higher than the 22.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.34, while its 200-day Moving Average is $17.37. Now, the first resistance to watch is $17.58. This is followed by the second major resistance level at $17.69. The third major resistance level sits at $17.89. If the price goes on to break the first support level at $17.28, it is likely to go to the next support level at $17.08. Should the price break the second support level, the third support level stands at $16.97.
Plains All American Pipeline LP (NASDAQ: PAA) Key Stats
The company with the Market Capitalisation of 12.32 billion has total of 701,081K Shares Outstanding. Its annual sales at the moment are 48,712 M in contrast with the sum of 1,230 M annual income. Company’s last quarter sales were recorded 12,743 M and last quarter income was 220,000 K.
