Pembina Pipeline Corporation (NYSE: PBA) is 12.29% higher on its value in year-to-date trading and has touched a low of $28.15 and a high of $39.04 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PBA stock was last observed hovering at around $38.37 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $38.65, the stock is 1.00% and 2.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.72 million and changing 0.73% at the moment leaves the stock 9.54% off its SMA200. PBA registered 26.14% gain for a year compared to 6-month gain of 13.58%.
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The stock witnessed a 2.01% loss in the last 1 month and extending the period to 3 months gives it a 4.63%, and is 1.79% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.00% over the week and 1.48% over the month.
Pembina Pipeline Corporation (PBA) has around 2837 employees, a market worth around $22.40B and $6.04B in sales. Current P/E ratio is 16.03 and Fwd P/E is 15.98. Profit margin for the company is 22.24%. Distance from 52-week low is 37.30% and -1.00% from its 52-week high. The company has generated returns on investments over the last 12 months (6.22%).
The EPS is expected to grow by 4.90% this year.
Pembina Pipeline Corporation (PBA) Top Institutional Holders
672.0 institutions hold shares in Pembina Pipeline Corporation (PBA), with institutional investors hold 63.70% of the company’s shares. The shares outstanding are 579.53M, and float is at 578.38M with Short Float at 1.05%. Institutions hold 63.67% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 46.42 million shares valued at $$1.64 billion. The investor’s holdings represent 8.4548 of the PBA Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 22.05 million shares valued at $$779.37 million to account for 4.017 of the shares outstanding. The other top investors are BANK OF MONTREAL /CAN/ which holds 21.86 million shares representing 3.9817 and valued at over $$769.79 million, while DEUTSCHE BANK AG holds 2.8121 of the shares totaling 15.44 million with a market value of $$545.59 million.
