Putting The Spotlight On Plains All American Pipeline LP (PAA)

Plains All American Pipeline LP (NASDAQ:PAA) currently has a daily average trading volume of 3.77M but it saw 2381751 shares traded in last market. With a market cap of 11.71B USD, the company’s current market price of $16.65 came falling about -2.06 while comparing to the previous closing price of $17.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.00 and as low as $15.57.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which upgraded the stock as “Outperform” in its note to investors issued on January 10, 2025, recommending a price target of $22 for it. Wells Fargo issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $22 and $20.

Over the week, PAA’s stock price is moving -4.37% down while it is -6.20% when we observe its performance for the past one month. Year-to-date it is -2.52% down and over the past year, the stock is showing a downside performance of -4.15%.

Currently, Plains All American Pipeline LP’s total number of outstanding shares is 703.78M with 34.03% of that held by the insiders while 41.09% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.60% and return on equity (ROE) at 9.43%. It has a price to earnings ratio (P/E ratio) of 17.92 while having a 11.01 of forward P/E ratio. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 1.54 while price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is 3.46% on average.