Pembina Pipeline Corporation (NYSE: PBA) is -4.84% lower on its value in year-to-date trading and has touched a low of $33.83 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 $36.06 in the last trading session, with the day’s loss setting it -0.9%.
Currently trading at $35.16, the stock is -9.62% and -6.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing -2.50% at the moment leaves the stock -9.98% off its SMA200. PBA registered -0.99% loss for a year compared to 6-month loss of -16.74%. The firm has a 50-day simple moving average (SMA 50) of $37.7728 and a 200-day simple moving average (SMA200) of $39.05995.
The stock witnessed a -9.22% gain in the last 1 month and extending the period to 3 months gives it a -4.90%, and is -12.97% 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 5.95% over the week and 2.73% over the month.
Pembina Pipeline Corporation (PBA) has around 2997 employees, a market worth around $20.41B and $5.33B in sales. Current P/E ratio is 16.08 and Fwd P/E is 15.37. Profit margin for the company is 23.53%. Distance from 52-week low is 3.93% and -19.06% from its 52-week high. The company has generated returns on investments over the last 12 months (6.18%).
with sales reaching $2.13B over the same period.The EPS is expected to grow by 3.85% this year, but quarterly earnings will post 12.38% year-over-year. Quarterly sales are estimated to grow 38.17% in year-over-year returns.
680.0 institutions hold shares in Pembina Pipeline Corporation (PBA), with institutional investors hold 64.19% of the company’s shares. The shares outstanding are 581.00M, and float is at 580.19M with Short Float at 2.11%. Institutions hold 64.16% 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 DEUTSCHE BANK AG holds 2.7705 of the shares totaling 15.21 million with a market value of $563.99 million.
