Pembina Pipeline Corporation (NYSE:PBA) remained unchanged to close Friday at $30.64 after subtracting $0.0 on the day. The 5-day average trading volume is 719,860 shares of the company’s common stock. It has gained $31.55 in the past week and touched a new high 1 time within the past 5 days. An average of 746,060 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 744,782.
PBA’s 1-month performance is -1.73% or -$0.27 on its low of $30.11 reached on 08/16/23. The company’s shares have touched a 52-week low of $29.59 and high of $38.15, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, PBA has lost -9.75% or -$3.31 and has reached a new high 8 times. However, the current price is down -19.69% from the 52-week high price.
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Valuation Metrics
PBA stock has a beta of 1.26.
The trailing 12-month EBITDA margin is 25.99%. The firm’s gross profit as reported stood at $2.4 billion against revenue of $9.23 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 14.34% to $1.14 billion, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected PBA to announce $0.43 per share in earnings in its latest quarter, but it posted $0.44, representing a 2.30% surprise. EBITDA for the quarter stood at more than $545.17 million. PBA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 11.32 billion, with total debt at $11.25 billion.
Let’s look briefly at Pembina Pipeline Corporation (PBA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 45.02% to suggest the stock is trending Neutral, with historical volatility in this time period at 19.26%.
The stock’s 5-day moving average is $30.61, reflecting a -2.70% or -$0.85 change from its current price. PBA is currently trading -2.67% above its 20-day SMA, -1.35% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -5.98% and SMA200 by-7.18%.
Stochastic %K and %D was 22.64% and 20.62% and the average true range (ATR) pointed at 0.55. The RSI (14) points at 46.09%, while the 14-day stochastic is at 34.19% with the period’s ATR at 0.54. The stock’s 9-day MACD Oscillator is pointing at -0.39 and -0.37 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Pembina Pipeline Corporation (NYSE: PBA), Stifel launched coverage with a Buy rating. Analysts offering their rating for PBA stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate PBA as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 10 have offered a “buy” rating.
What is PBA’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $34.90 and a high of $43.41, with their median price target at $37.65. Looking at these predictions, the average price target given by analysts is for Pembina Pipeline Corporation (PBA) stock is $37.95.
