Pembina Pipeline Corporation (PBA) concluded trading on 03/15/23 at a closing price of $30.60, with 2.06 million shares of worth about $63.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.19% during that period and on Wednesday the price saw a loss of about -4.58%. Currently the company’s common shares owned by public are about 550.34M shares, out of which, 549.83M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 16 analysts are covering the PBA stock and their offered price forecasts bring an average price target of $38.42. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $42.60 and could fall to a lowest price of $34.45. The stock’s current price level is 20.15% above of average price target set by the analysts, while a rise to estimated low would result in gain of 11.18% for the stock. However, touching the estimated high of $42.60 would mean a gain of 28.17% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 239 times over the past 12 months. They bought 5,619,514 shares in 143 of the transactions. In 96 selling transactions, insiders dumped 5,312,629 shares.
Vanguard Total International Stoc, Canada Pension Plan, and Vanguard Developed Markets Index are the top 3 mutual funds which are holding stakes in Pembina Pipeline Corporation Vanguard Total International Stoc is currently holding 7.26 million shares of worth totaling $238.4 million. The company recently came selling 48910.0 shares which brought its stake up to 1.32% of the company’s outstanding shares. Canada Pension Plan bought 6.46 million shares, after which its hold over company’s outstanding shares expand to 1.22%, leaving 6.68 million shares with the mutual fund that have a worth of about $219.5 million. Vanguard Developed Markets Index, after selling 4.19 million shares, have now control over 0.76% of the stake in the company. It holds 1558.0 shares of worth $137.61 million.
Pembina Pipeline Corporation (NYSE: PBA) started trading at $31.22, below -$0.85 from concluding price of the previous day. However, the stock later moved at a day high price of 31.27, or with a loss of -4.58%. Stock saw a price change of -9.09% in past 5 days and over the past one month there was a price change of -13.17%. Year-to-date (YTD), PBA shares are showing a performance of -9.87% which decreased to -14.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.64 but also hit the highest price of $42.74 during that period. The average intraday trading volume for Pembina Pipeline Corporation shares is 614.47K. The stock is currently trading -8.78% below its 20-day simple moving average (SMA20), while that difference is down -11.10% for SMA50 and it goes to -12.56% lower than SMA200.
Pembina Pipeline Corporation (NYSE: PBA) currently have 550.34M outstanding shares and institutions hold larger chunk of about 63.18% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $16.84B. PE ratio of stock for trailing 12 months is 8.34, while it has posted earnings per share of $3.67 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PBA, volatility over the week remained 3.17% while standing at 2.22% over the month.
Analysts are in expectations that Pembina Pipeline Corporation (PBA) stock would likely to be making an EPS of $0.51 in the current quarter, while forecast for next quarter EPS is $0.54 and it is $2.21 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.49 which is $0.55 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -40.00% while it is estimated to decrease by -1.40% in next year. EPS is likely to grow at an annualized rate of 9.34% for next 5-years, compared to annual growth of 0.20% made by the stock over the past 5-years.
Stock get a Neutral rating from JP Morgan on November 23, 2021.
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