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Plains GP Holdings L.P. (PAGP): A Technical Analysis

Plains GP Holdings L.P. (NASDAQ: PAGP) has a higher price-to-earnings ratio of 14.15x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.60. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”

The average price point forecasted by analysts for Plains GP Holdings L.P. (PAGP) is $15.68, which is $3.29 above the current market price. The public float for PAGP is 189.29M, and currently, short sellers hold a 4.57% ratio of that float. The average trading volume of PAGP on March 16, 2023 was 2.67M shares.

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PAGP) stock’s latest price update

Plains GP Holdings L.P. (NASDAQ: PAGP)’s stock price has decreased by -5.91 compared to its previous closing price of 13.02. However, the company has seen a fall of -11.10% in its stock price over the last five trading days.

PAGP’s Market Performance

PAGP’s stock has fallen by -11.10% in the past week, with a monthly drop of -8.72% and a quarterly rise of 0.08%. The volatility ratio for the week is 3.74% while the volatility levels for the last 30 days are 2.34% for Plains GP Holdings L.P. The simple moving average for the last 20 days is -10.08% for PAGP stock, with a simple moving average of 0.43% for the last 200 days.

Analysts’ Opinion of PAGP

Many brokerage firms have already submitted their reports for PAGP stocks, with Citigroup repeating the rating for PAGP by listing it as a “Buy.” The predicted price for PAGP in the upcoming period, according to Citigroup is $14 based on the research report published on December 09th of the previous year 2022.

JP Morgan, on the other hand, stated in their research note that they expect to see PAGP reach a price target of $14, previously predicting the price at $15. The rating they have provided for PAGP stocks is “Neutral” according to the report published on November 21st, 2022.

Stifel gave a rating of “Buy” to PAGP, setting the target price at $16 in the report published on August 15th of the previous year.

PAGP Trading at -7.42% 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 -13.55% of loss for the given period.

Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 3.74%, as shares sank -10.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.53% lower at present.

During the last 5 trading sessions, PAGP fell by -11.10%, which changed the moving average for the period of 200-days by +3.73% in comparison to the 20-day moving average, which settled at $13.55. In addition, Plains GP Holdings L.P. saw -1.53% 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 DeSanctis Ellen, who purchase 10,000 shares at the price of $11.98 back on Aug 19. After this action, DeSanctis Ellen now owns 10,000 shares of Plains GP Holdings L.P., valued at $119,803 using the latest closing price.

Stock Fundamentals for PAGP

Current profitability levels for the company are sitting at:

  • +2.30 for the present operating margin
  • +2.88 for the gross margin

The net margin for Plains GP Holdings L.P. stands at +0.29. Equity return is now at value 11.00, with 0.60 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.


To put it simply, Plains GP Holdings L.P. (PAGP) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.