While Plains All American Pipeline LP has underperformed by -1.38%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PAA rose by 30.78%, with highs and lows ranging from $21.00 to $15.02, whereas the simple moving average jumped by 12.42% in the last 200 days.
On January 10, 2025, Wolfe Research Upgraded Plains All American Pipeline LP (NASDAQ: PAA) to Outperform. Wells Fargo also Downgraded PAA shares as ‘Equal Weight’, setting a target price of $20 on the company’s shares in a report dated December 18, 2024. Morgan Stanley October 25, 2024d the rating to Equal-Weight on October 25, 2024, and set its price target from $22 to $19. BofA Securities initiated its ‘Neutral’ rating for PAA, as published in its report on October 17, 2024. Scotiabank’s report from April 08, 2024 suggests a price prediction of $23 for PAA shares, giving the stock a ‘Sector Outperform’ rating. Goldman also rated the stock as ‘Sell’.
Analysis of Plains All American Pipeline LP (PAA)
PAA currently pays a dividend of $1.33 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter increase in sales is 4.10%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Plains All American Pipeline LP’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 10.14% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.92, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 4.10M can be a very valuable indicator of volatility for PAA stock. On a monthly basis, the volatility of the stock is set at 2.47%, whereas on a weekly basis, it is put at 2.50%, with a loss of -4.53% over the past seven days. Furthermore, long-term investors anticipate a median target price of $22.15, showing growth from the present price of $20.01, which can serve as yet another indication of whether PAA is worth investing in or should be passed over.
How Do You Analyze Plains All American Pipeline LP Shares?
The USA based company Plains All American Pipeline LP (PAA) is one of the biggest names in Oil & Gas Midstream. When comparing Plains All American Pipeline LP shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 17.81, there is a growth in quarterly earnings of 11.80%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 35.10%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 40.59% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PAA shares are owned by institutional investors to the tune of 40.59% at present.
