The price of Plains All American Pipeline LP (NASDAQ:PAA) shares last traded on Wall Street fell -3.05% to $19.40.
PAA stock price is now 4.32% away from the 50-day moving average and 8.95% away from the 200-day moving average. The market capitalization of the company currently stands at $13.65B.
With the price target maintained at $22, Wolfe Research recently Upgraded its rating from Peer Perform to Outperform for Plains All American Pipeline LP (NASDAQ: PAA). , while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
A total of 35.10% of the company’s stock is owned by insiders.
During the past 12 months, Plains All American Pipeline LP has had a low of $15.02 and a high of $21.00. As of last week, the company has a debt-to-equity ratio of 0.77, a current ratio of 0.97, and a quick ratio of 0.92. According to the stock market information, the enterprise value for the company is $27283417088, which is based on a 26.51 price-to-earnings ratio, a 24.55 price-to-earnings-growth ratio, and a beta of 1.60. The fifty day moving average price for PAA is $18.5966 and a two-hundred day moving average price translates $17.8067 for the stock.
The latest earnings results from Plains All American Pipeline LP (NASDAQ: PAA) was released for 2024-09-30. The net profit margin was 1.02% and return on equity was 7.56% for PAA. The company reported revenue of $12.74 billion for the quarter, compared to $12.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.57 percent. For the current quarter, analysts expect PAA to generate $14.13B in revenue.
