Plains All American Pipeline LP [NASDAQ: PAA] jumped around 3619981.88 points on Wednesday, while shares priced at $3620000.0 at the close of the session, up 5284159%.
Plains All American Pipeline LP stock is now 4.85% up from its year-to-date (YTD) trading value. PAA Stock saw the intraday high of $18.165 and lowest of $17.61 per share. The company’s 52-week high price is 21.00, which means current price is +15.25% above from all time high which was touched on 01/22/25.
Compared to the average trading volume of 3.62M shares, PAA reached a trading volume of 5284159 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $21.00 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 2.40. 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 Price to Book ratio for the last quarter was 1.66, with the Price to Cash per share for the same quarter was set at 0.61. Price to Free Cash Flow for PAA in the course of the last twelve months was 6.14 with Quick ratio for the last quarter at 0.94.
How has PAA stock performed recently?
Plains All American Pipeline LP [PAA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.18. With this latest performance, PAA shares gained by 7.23% in over the last four-week period, additionally plugging by 5.71% over the last 6 months – not to mention a rise of 5.09% in the past year of trading.
Plains All American Pipeline LP [PAA]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Plains All American Pipeline LP [PAA] shares currently have an operating margin of 3.19% and a Gross Margin at 3.96%. Plains All American Pipeline LP’s Net Margin is presently recorded at 1.30%.
Return on Equity for this stock inclined to 3.46%, with Return on Assets sitting at 3.46%.
Earnings analysis for Plains All American Pipeline LP [PAA]
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 1.43%.
Insider trade positions for Plains All American Pipeline LP [PAA]
There are presently around $41.09%, or 62.28% 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%.
