Pembina Pipeline Corporation (NYSE: PBA) is -0.24% lower on its value in year-to-date trading and has touched a low of $34.13 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 $37.93 in the last trading session, with the day’s loss setting it -1.07%.
Currently trading at $36.86, the stock is -1.98% and -2.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.37 million and changing -2.82% at the moment leaves the stock -5.44% off its SMA200. PBA registered -0.51% loss for a year compared to 6-month loss of -3.89%.
The stock witnessed a -2.12% gain in the last 1 month and extending the period to 3 months gives it a -6.59%, and is -1.84% 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 2.04% over the week and 1.09% over the month.
Pembina Pipeline Corporation (PBA) has around 2997 employees, a market worth around $21.41B and $5.72B in sales. Current P/E ratio is 16.77 and Fwd P/E is 16.09. Profit margin for the company is 22.36%. Distance from 52-week low is 8.00% and -15.15% from its 52-week high. The company has generated returns on investments over the last 12 months (6.21%).
The EPS is expected to grow by 4.28% this year
The shares outstanding are 581.00M, and float is at 580.50M with Short Float at 0.71%.
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 8.2245 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 4.3762 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 22.44 million shares representing 3.8698 and valued at over $832.25 million, while CIBC WORLD MARKET INC. holds 2.7197 of the shares totaling 15.77 million with a market value of $584.9 million.
