Pembina Pipeline Corporation (NYSE: PBA) has a price-to-earnings ratio that is above its average at 15.67x. The stock has a 36-month beta value of 1.19. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PBA is 548.98M, and at present, short sellers hold a 1.06% of that float. On May 02, 2024, the average trading volume of PBA was 1.08M shares.
PBA) stock’s latest price update
Pembina Pipeline Corporation (NYSE: PBA)’s stock price has dropped by -1.42 in relation to previous closing price of 35.20. Nevertheless, the company has seen a loss of -2.23% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-27 that Pembina Pipelines Series 5 preferred shares offer a strong upside potential over the next 6-12 months. The fixed dividend for these shares will be recalculated on May 2, 2024, resulting in a much higher annual dividend. The company may also redeem the preferred shares. The Bank of Canada’s anticipated interest rate cuts in the second half of 2024 could lead to capital appreciation.
PBA’s Market Performance
Pembina Pipeline Corporation (PBA) has experienced a -2.23% fall in stock performance for the past week, with a -1.84% drop in the past month, and a 0.78% rise in the past quarter. The volatility ratio for the week is 1.62%, and the volatility levels for the past 30 days are at 1.52% for PBA. The simple moving average for the past 20 days is -1.48% for PBA’s stock, with a 5.79% simple moving average for the past 200 days.
PBA Trading at -1.08% from the 50-Day Moving Average
After a stumble in the market that brought PBA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.06% of loss for the given period.
Volatility was left at 1.52%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares sank -2.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.12% upper at present.
During the last 5 trading sessions, PBA fell by -2.23%, which changed the moving average for the period of 200-days by +13.51% in comparison to the 20-day moving average, which settled at $35.18. In addition, Pembina Pipeline Corporation saw 0.81% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PBA
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.29 for the gross margin
The net margin for Pembina Pipeline Corporation stands at 0.19. The total capital return value is set at 0.08. Equity return is now at value 11.13, with 5.48 for asset returns.
Based on Pembina Pipeline Corporation (PBA), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 4.95.
Currently, EBITDA for the company is 2.79 billion with net debt to EBITDA at 3.7. When we switch over and look at the enterprise to sales, we see a ratio of 4.04. The receivables turnover for the company is 4.43for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
To sum up, Pembina Pipeline Corporation (PBA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
