A share price of Plains GP Holdings LP [PAGP] is currently trading at $21.95, up 2.43%. An important factor to consider is whether the stock is rising or falling in short-term value. The PAGP shares have gain 9.15% over the last week, with a monthly amount glided 16.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Plains GP Holdings LP [NASDAQ: PAGP] stock has seen the most recent analyst activity on January 10, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $22 for it. Previously, Wells Fargo downgraded its rating to Equal Weight on December 18, 2024, and dropped its price target to $20. On October 25, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $19 on the stock. Barclays downgraded its rating to Underweight for this stock on September 25, 2023, but kept the price target unchanged to $15. In a note dated September 06, 2023, Citigroup downgraded an Neutral rating on this stock and boosted its target price from $14 to $15.50.
Plains GP Holdings LP experienced fluctuations in its stock price throughout the past year between $15.78 and $21.73. Currently, Wall Street analysts expect the stock to reach $21.5 within the next 12 months. Plains GP Holdings LP [NASDAQ: PAGP] shares were valued at $21.95 at the most recent close of the market. An investor can expect a potential drop of -2.05% based on the average PAGP price forecast.
Analyzing the PAGP fundamentals
Trailing Twelve Months sales for Plains GP Holdings LP [NASDAQ:PAGP] were 50.53B which represents 4.10% growth. Gross Profit Margin for this corporation currently stands at 0.28% 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 0.02, Equity is 0.11 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
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 21.60 points at the first support level, and at 21.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.23, and for the 2nd resistance point, it is at 22.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Plains GP Holdings LP [NASDAQ:PAGP] is 1.01. On the other hand, the Quick Ratio is 0.92, and the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 2.96 and price to earnings (TTM) ratio is 26.01.
