Plains GP Holdings L.P. (PAGP): Skating on Thin Ice? We Know the Answer


Plains GP Holdings L.P. (NYSE:PAGP) went down by -2.15% from its latest closing price compared to the recent 1-year high of $20.33. The company’s stock price has collected 2.40% of gains in the last five trading sessions. Press Release reported on 10/08/20 that Plains All American Pipeline and Plains GP Holdings Announce Timing of Third-Quarter 2020 Earnings & Quarterly Earnings Timing for 2021

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Is It Worth Investing in Plains GP Holdings L.P. (NYSE :PAGP) Right Now?

Plus, the 36-month beta value for PAGP is at 2.31. Opinions of the stock are interesting as 11 analysts out of 15 who provided ratings for Plains GP Holdings L.P. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $11.80. PAGP currently public float of 177.67M and currently shorts hold a 1.14% ratio of that float. Today, the average trading volume of PAGP was 2.97M shares.

PAGP’s Market Performance

PAGP stocks went up by 2.40% for the week, with a monthly drop of -4.87% and a quarterly performance of -14.29%, while its annual performance rate touched -65.51%. The volatility ratio for the week stands at 4.86% while the volatility levels for the past 30 days are set at 5.95% for Plains GP Holdings L.P.. The simple moving average for the period of the last 20 days is 7.99% for PAGP stocks with a simple moving average of -31.24% for the last 200 days.

PAGP Trading at -3.12% from the 50-Day Moving Average

After a stumble in the market that brought PAGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.35% of loss for the given period.

Volatility was left at 5.95%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares surge +0.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.09% lower at present.

During the last 5 trading sessions, PAGP rose by +2.40%, which changed the moving average for the period of 200-days by -64.28% in comparison to the 20-day moving average, which settled at $6.34. In addition, Plains GP Holdings L.P. saw -63.91% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PAGP starting from Burk Victor, who sale 3,004 shares at the price of $7.37 back on Sep 16. After this action, Burk Victor now owns 7,134 shares of Plains GP Holdings L.P., valued at $22,139 using the latest closing price.

SINNOTT ROBERT V, the Director of Plains GP Holdings L.P., purchase 75,000 shares at $3.41 during a trade that took place back on Mar 18, which means that SINNOTT ROBERT V is holding 193,368 shares at $255,750 based on the most recent closing price.

Stock Fundamentals for PAGP

Current profitability levels for the company are sitting at:

  • +5.03 for the present operating margin
  • +5.93 for the gross margin

The net margin for Plains GP Holdings L.P. stands at +0.99. The total capital return value is set at 7.10, while invested capital returns managed to touch 2.91. Equity return is now at value -24.70, with -1.60 for asset returns.

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Based on Plains GP Holdings L.P. (PAGP), the company’s capital structure generated 472.02 points at debt to equity in total, while total debt to capital is 82.52. Total debt to assets is 33.94, with long-term debt to equity ratio resting at 444.27. Finally, the long-term debt to capital ratio is 77.67.

Currently, EBITDA for the company is 508.00M with total debt to EBITDA at 4.25. When we switch over and look at the enterprise to sales, we see a ratio of 0.77, with the company’s debt to enterprise value settled at 0.40. The receivables turnover for the company is 10.99 and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.92.

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