The Analyst Verdict: Plains All American In The Eyes Of 5 Experts

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5 analysts have shared their evaluations of Plains All American PAA during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 2 1 0
Last 30D 1 0 0 0 0
1M Ago 0 1 0 1 0
2M Ago 0 0 1 0 0
3M Ago 0 0 1 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $21.0, a high estimate of $24.00, and a low estimate of $19.00. Witnessing a positive shift, the current average has risen by 2.44% from the previous average price target of $20.50.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

A clear picture of Plains All American's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Justin Jenkins Raymond James Raises Strong Buy $24.00 $23.00
Theresa Chen Barclays Raises Underweight $19.00 $18.00
Holly Stewart Scotiabank Announces Sector Outperform $23.00 -
Michael Blum Wells Fargo Lowers Equal-Weight $20.00 $22.00
Elvira Scotto RBC Capital Maintains Sector Perform $19.00 $19.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Plains All American. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Plains All American compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Plains All American's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Capture valuable insights into Plains All American's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Plains All American analyst ratings.

Discovering Plains All American: A Closer Look

Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

Financial Insights: Plains All American

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Plains All American's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 5.57%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Plains All American's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 1.23%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 1.53%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Plains All American's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.57%, the company may face hurdles in achieving optimal financial returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.81.

The Significance of Analyst Ratings Explained

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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