Plains All American Pipeline LP [NASDAQ: PAA] loss -3.48% on the last trading session, reaching $17.46 price per share at the time.
If compared to the average trading volume of 4.00M shares, PAA reached a trading volume of 5300486 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Plains All American Pipeline LP [PAA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PAA shares is $21.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PAA stock is a recommendation set at 2.37. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wolfe Research have made an estimate for Plains All American Pipeline LP shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on January 10, 2025. While these analysts kept the previous recommendation, Scotiabank raised their target price to Sector Outperform. The new note on the price target was released on January 10, 2025, representing the official price target for Plains All American Pipeline LP stock. Previously, the target price had yet another drop from $22 to $20, while Wells Fargo kept a Equal Weight rating on PAA stock. On October 25, 2024, analysts decreased their price target for PAA shares from 22 to 19.
The Average True Range (ATR) for Plains All American Pipeline LP is set at 0.63, with the Price to Sales ratio for PAA stock in the period of the last 12 months amounting to 0.24. The Price to Book ratio for the last quarter was 1.64, with the Price to Cash per share for the same quarter was set at 0.49. Price to Free Cash Flow for PAA in the course of the last twelve months was 6.57 with Quick ratio for the last quarter at 0.88.
Trading performance analysis for PAA stock
Plains All American Pipeline LP [PAA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.13. With this latest performance, PAA shares dropped by -12.70% in over the last four-week period, additionally plugging by 3.13% over the last 6 months – not to mention a drop of -2.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PAA stock in for the last two-week period is set at 42.04, with the RSI for the last a single of trading hit 41.27, and the three-weeks RSI is set at 42.65 for Plains All American Pipeline LP [PAA]. The present Moving Average for the last 50 days of trading for this stock 19.01, while it was recorded at 18.07 for the last single week of trading, and 18.26 for the last 200 days.
Plains All American Pipeline LP [PAA]: A deeper dive into fundamental analysis
Plains All American Pipeline LP’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.88 and a Current Ratio set at 0.97.
Plains All American Pipeline LP [PAA]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PAA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Plains All American Pipeline LP go to 2.20%.
An analysis of Institutional ownership at Plains All American Pipeline LP [PAA]
There are presently around $42.90%, or 65.01%% of PAA stock, in the hands of institutional investors. The top three institutional holders of PAA stocks are: ALPS ADVISORS INC with ownership of 63.68 million shares, which is approximately 9.0838%. BLACKSTONE INC., holding 29.64 million shares of the stock with an approximate value of $$529.3 million in PAA stocks shares; and BLACKSTONE INC., currently with $$487.15 million in PAA stock with ownership which is approximately 3.891%.
