Pembina Pipeline Corporation (NYSE: PBA) is -0.84% lower on its value in year-to-date trading and has touched a low of $32.81 and a high of $43.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PBA stock was last observed hovering at around $36.41 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $36.64, the stock is -0.69% and -4.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.48 million and changing 0.63% at the moment leaves the stock -5.24% off its SMA200. PBA registered 5.65% gain for a year compared to 6-month loss of -3.73%. The firm has a 50-day simple moving average (SMA 50) of $38.4688 and a 200-day simple moving average (SMA200) of $38.66785.
The stock witnessed a 0.19% gain in the last 1 month and extending the period to 3 months gives it a -13.79%, and is -1.66% down 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 1.40% over the week and 1.57% over the month.
Pembina Pipeline Corporation (PBA) has around 2837 employees, a market worth around $21.27B and $5.62B in sales. Current P/E ratio is 15.15 and Fwd P/E is 16.93. Profit margin for the company is 24.23%. Distance from 52-week low is 11.67% and -15.65% from its 52-week high. The company has generated returns on investments over the last 12 months (6.26%).
with sales reaching $2.05B over the same period.The EPS is expected to shrink by -5.36% this year, but quarterly earnings will post -20.53% year-over-year. Quarterly sales are estimated to shrink -16.76% in year-over-year returns.
683.0 institutions hold shares in Pembina Pipeline Corporation (PBA), with institutional investors hold 63.51% of the company’s shares. The shares outstanding are 580.53M, and float is at 580.15M with Short Float at 0.70%. Institutions hold 63.48% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 47.7 million shares valued at $1.77 billion. The investor’s holdings represent 8.6889 of the PBA Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF MONTREAL /CAN/ with 25.38 million shares valued at $941.81 million to account for 4.6234 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 22.44 million shares representing 4.0883 and valued at over $832.25 million, while CIBC WORLD MARKET INC. holds 2.8732 of the shares totaling 15.77 million with a market value of $584.9 million.
