Plains GP Holdings LP (NASDAQ: PAGP) has a higher price-to-earnings ratio of 40.26x compared to its average ratio. PAGP has 36-month beta value of 1.54. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for PAGP is 191.66M, and currently, short sellers hold a 4.25% ratio of that float. The average trading volume of PAGP on February 11, 2025 was 1.73M shares.
PAGP) stock’s latest price update
The stock price of Plains GP Holdings LP (NASDAQ: PAGP) has surged by 1.54 when compared to previous closing price of 20.73, but the company has seen a -0.75% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-10 that Plains GP Holdings has diversified midstream operations, primarily in crude oil, with 90% of revenue from investment-grade companies and 75% from fees. The company maintains financial stability with low leverage, strategic acquisitions, and a disciplined capital allocation policy focused on increasing dividends and growth capex. Risks include potential oil spills and financial pressure from extensive acquisitions, but management’s prudent approach mitigates these concerns.
PAGP’s Market Performance
PAGP’s stock has fallen by -0.75% in the past week, with a monthly rise of 5.62% and a quarterly rise of 14.71%. The volatility ratio for the week is 2.04% while the volatility levels for the last 30 days are 2.30% for Plains GP Holdings LP The simple moving average for the past 20 days is -1.40% for PAGP’s stock, with a 11.30% simple moving average for the past 200 days.
Analysts’ Opinion of PAGP
Many brokerage firms have already submitted their reports for PAGP stocks, with Wolfe Research repeating the rating for PAGP by listing it as a “Outperform.” The predicted price for PAGP in the upcoming period, according to Wolfe Research is $22 based on the research report published on January 10, 2025 of the current year 2025.
Wells Fargo, on the other hand, stated in their research note that they expect to see PAGP reach a price target of $20, previously predicting the price at $22. The rating they have provided for PAGP stocks is “Equal Weight” according to the report published on December 18th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to PAGP, setting the target price at $19 in the report published on October 25th of the previous year.
PAGP Trading at 5.62% 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 -5.63% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares surge +5.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.55% upper at present.
During the last 5 trading sessions, PAGP fell by -0.75%, which changed the moving average for the period of 200-days by +11.61% in comparison to the 20-day moving average, which settled at $21.35. In addition, Plains GP Holdings LP saw 14.53% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PAGP
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.51 for the gross margin
The net margin for Plains GP Holdings LP stands at 0.01. The total capital return value is set at 0.07. Equity return is now at value 7.11, with 0.37 for asset returns.
Based on Plains GP Holdings LP (PAGP), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 7.94. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 8.1.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at -1.97. When we switch over and look at the enterprise to sales, we see a ratio of -0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
To put it simply, Plains GP Holdings LP (PAGP) has had a better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
