Pembina Pipeline Corporation (NYSE: PBA) is -2.08% lower on its value in year-to-date trading and has touched a low of $33.60 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 $36.44 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $36.18, the stock is -0.84% and -1.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.97 million and changing -0.71% at the moment leaves the stock -6.69% off its SMA200. PBA registered 7.52% gain for a year compared to 6-month loss of -6.41%.
The stock witnessed a -2.90% gain in the last 1 month and extending the period to 3 months gives it a -13.47%, and is -1.90% 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 1.79% over the week and 1.69% over the month.
Pembina Pipeline Corporation (PBA) has around 2837 employees, a market worth around $21.00B and $5.62B in sales. Current P/E ratio is 14.96 and Fwd P/E is 16.73. Profit margin for the company is 24.23%. Distance from 52-week low is 7.68% and -16.71% 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 -5.48% 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.
Pembina Pipeline Corporation (PBA) Top Institutional Holders
The shares outstanding are 580.53M, and float is at 580.11M with Short Float at 0.75%.
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 DEUTSCHE BANK AG holds 2.7705 of the shares totaling 15.21 million with a market value of $563.99 million.
Pembina Pipeline Corporation (PBA) Insider Activity
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