Pembina Pipeline Corporation (NYSE: PBA) is -1.07% 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 $36.47 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $36.83, the stock is -1.16% and -2.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.99% at the moment leaves the stock -4.91% off its SMA200. PBA registered -0.32% loss for a year compared to 6-month gain of 0.68%. The firm has a 50-day simple moving average (SMA 50) of $37.6254 and a 200-day simple moving average (SMA200) of $38.7324.
The stock witnessed a -1.29% loss in the last 1 month and extending the period to 3 months gives it a 4.25%, and is -1.50% 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 1.55% over the week and 1.87% over the month.
Pembina Pipeline Corporation (PBA) has around 2997 employees, a market worth around $21.39B and $5.72B in sales. Current P/E ratio is 16.76 and Fwd P/E is 16.14. Profit margin for the company is 22.36%. Distance from 52-week low is 7.91% and -15.22% 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 3.82% this year
713.0 institutions hold shares in Pembina Pipeline Corporation (PBA), with institutional investors hold 63.67% of the company’s shares. The shares outstanding are 581.00M, and float is at 580.50M with Short Float at 1.07%. Institutions hold 63.64% 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 8.2245 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.
