A share price of Plains GP Holdings LP [PAGP] is currently trading at $18.82, up 2.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PAGP shares have gain 9.42% over the last week, with a monthly amount glided 0.05%, and 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:
Plains GP Holdings LP [NASDAQ: PAGP] stock has seen the most recent analyst activity on October 25, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $19 from $22. Barclays downgraded its rating to a Underweight but stick to its price target of $15 on September 25, 2023. Citigroup downgraded its rating to a Neutral and raised its price target to $15.50 on September 06, 2023. Raymond James upgraded its rating to Strong Buy for this stock on April 21, 2023, and upped its price target to $17. In a note dated December 09, 2022, Citigroup initiated an Buy rating and provided a target price of $14 on this stock.
Plains GP Holdings LP experienced fluctuations in its stock price throughout the past year between $14.93 and $20.10. Currently, Wall Street analysts expect the stock to reach $16.05 within the next 12 months. Plains GP Holdings LP [NASDAQ: PAGP] shares were valued at $18.82 at the most recent close of the market. An investor can expect a potential drop of -14.72% based on the average PAGP price forecast.
Analyzing the PAGP fundamentals
Trailing Twelve Months sales for Plains GP Holdings LP [NASDAQ:PAGP] were 50.03B which represents 13.07% growth. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.35.
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 18.46 points at the first support level, and at 18.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.03, and for the 2nd resistance point, it is at 19.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Plains GP Holdings LP [NASDAQ:PAGP] is 1.00. In addition, the Quick Ratio stands at 0.90 and the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 2.49 and price to earnings (TTM) ratio is 22.83.
