Plains All American Pipeline LP [PAA] stock prices are up 0.51% to $17.67 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PAA shares have gain 1.79% over the last week, with a monthly amount drifted -3.76%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
On September 25, 2023, downgrade downgraded it’s rating to Underweight but maintained its price target of $15 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $15.50 on September 06, 2023. Raymond James upgraded its rating to a Strong Buy and raised its price target to $17 on April 21, 2023. Bernstein downgraded its rating to Mkt Perform for this stock on February 07, 2023. In a note dated December 09, 2022, Citigroup initiated an Buy rating and provided a target price of $14 on this stock.
The stock price of Plains All American Pipeline LP [PAA] has been fluctuating between $14.25 and $19.17 over the past year. Currently, Wall Street analysts expect the stock to reach $15.58 within the next 12 months. Plains All American Pipeline LP [NASDAQ: PAA] shares were valued at $17.67 at the most recent close of the market. An investor can expect a potential drop of -11.83% based on the average PAA price forecast.
Analyzing the PAA fundamentals
The Plains All American Pipeline LP [NASDAQ:PAA] reported sales of 50.07B for trailing twelve months, representing a surge of 13.07%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.56 points at the first support level, and at 17.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.76, and for the 2nd resistance point, it is at 17.85.
Ratios To Look Out For
It’s worth pointing out that Plains All American Pipeline LP [NASDAQ:PAA]’s Current Ratio is 1.00. As well, the Quick Ratio is 0.90, while the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 0.25, the price to book ratio is 1.55 and price to earnings (TTM) ratio is 16.06.
Transactions by insiders
Recent insider trading involved Goebel Jeremy L., EVP & CCO, that happened on Nov 21 ’23 when 35000.0 shares were sold.
