A new trading day began on Tuesday, with Plains GP Holdings LP (NASDAQ: PAGP) stock price down -3.29% from the previous day of trading, before settling in for the closing price of $21.30. PAGP’s price has ranged from $17.17 to $22.31 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 14.83% over the last five years. Meanwhile, its annual earnings per share averaged 212.12%. With a float of $192.26 million, this company’s outstanding shares have now reached $197.47 million.
The firm has a total of 4200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 51.39%, operating margin of 2.83%, and the pretax margin is 2.53%.
Plains GP Holdings LP (PAGP) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Plains GP Holdings LP is 2.77%, while institutional ownership is 78.29%.
Plains GP Holdings LP (PAGP) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 212.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 35.20% during the next five years compared to -23.22% drop over the previous five years of trading.
Plains GP Holdings LP (NASDAQ: PAGP) Trading Performance Indicators
Here are Plains GP Holdings LP’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 8.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.52, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.58 in one year’s time.
Technical Analysis of Plains GP Holdings LP (PAGP)
Analysing the last 5-days average volume posted by the [Plains GP Holdings LP, PAGP], we can find that recorded value of 1.48 million was lower than the volume posted last year of 1.94 million. As of the previous 9 days, the stock’s Stochastic %D was 37.08%. Additionally, its Average True Range was 0.51.
During the past 100 days, Plains GP Holdings LP’s (PAGP) raw stochastic average was set at 66.83%, which indicates a significant increase from 18.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.60% in the past 14 days, which was lower than the 25.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.50, while its 200-day Moving Average is $19.12. Now, the first resistance to watch is $21.06. This is followed by the second major resistance level at $21.53. The third major resistance level sits at $21.91. If the price goes on to break the first support level at $20.21, it is likely to go to the next support level at $19.83. Should the price break the second support level, the third support level stands at $19.36.
Plains GP Holdings LP (NASDAQ: PAGP) Key Stats
With a market capitalization of 15.92 billion, the company has a total of 197,466K Shares Outstanding. Currently, annual sales are 50,073 M while annual income is 103,000 K. The company’s previous quarter sales were 12,402 M while its latest quarter income was -11,000 K.
