At the time of writing, Plains All American Pipeline LP [PAA] stock is trading at $20.59, up 0.10%. 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 6.13% over the last week, with a monthly amount glided 21.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Plains All American Pipeline LP [NASDAQ: PAA] 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. On December 18, 2024, downgrade downgraded it’s rating to Equal Weight and revised its price target to $20 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $19 on October 25, 2024.
For the past year, the stock price of Plains All American Pipeline LP fluctuated between $15.02 and $20.80. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Plains All American Pipeline LP [NASDAQ: PAA] shares were valued at $20.59 at the most recent close of the market. An investor can expect a potential drop of -2.87% based on the average PAA price forecast.
Analyzing the PAA fundamentals
According to Plains All American Pipeline LP [NASDAQ:PAA], the company’s sales were 50.57B for trailing twelve months, which represents an 4.10% jump. Gross Profit Margin for this corporation currently stands at 0.27% 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 of0.61.
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 20.45 points at the first support level, and at 20.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.87, and for the 2nd resistance point, it is at 21.14.
Ratios To Look Out For
It is important to note that Plains All American Pipeline LP [NASDAQ:PAA] has a current ratio of 1.01. As well, the Quick Ratio is 0.92, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.29, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 18.32.
