Plains Group Holdings, L.P. s in-depth stock price analysis indicates that the stock price has dropped -5.44% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.17% . Looking at the past 52 week period, the stock price is up at 97.64% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Plains Group Holdings, L.P. has a positive value of 49.85 compared to overall market. Plains Group Holdings, L.P. (NYSE:PAGP) has tumbled 7.86% during the past week and has dropped 4.22% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 8.6%. Plains Group Holdings, L.P. (NYSE:PAGP) has underperformed the index by 5.93% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Plains Group Holdings, L.P. (NYSE:PAGP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.35 points or 1.09% at $31.79 with 1,207,536 shares getting traded. Post opening the session at $32.75, the shares hit an intraday low of $31.78 and an intraday high of $32.87 and the price was in this range throughout the day. The company has a market cap of $18,388 million and the number of outstanding shares has been calculated to be 578,420,790 shares. The 52-week high of Plains Group Holdings, L.P. (NYSE:PAGP) is $36.589165 and the 52-week low is $13.554501.
Plains GP Holdings LP Last issued its quarterly earnings results on Feb 7, 2017. The company reported $-0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.71. Analyst had a consensus of $0.63. The company had revenue of $5952.00 million for the quarter, compared to analysts expectations of $6137.36 million. The companys revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Robert W. Baird on Jan 31, 2017 to Outperform, Raises Price Target to $ 39 from a previous price target of $34 .Plains GP Holdings LP was Initiated by Mizuho on Jan 30, 2017 to Neutral, Price Target of the shares are set at $35.Plains GP Holdings LP was Upgraded by JP Morgan to Overweight on Dec 9, 2016. Company shares were Reiterated by Stifel on Nov 17, 2016 to Hold, Raises Price Target to $ 31 from a previous price target of $29 .
Company has reported several Insider transactions to the SEC, on Feb 10, 2016, Greg L Armstrong (CEO) purchased 1,000,000 shares at 5.86 per share price.On Feb 10, 2016, Harry N Pefanis (COO) purchased 20,000 shares at 5.75 per share price.On Dec 23, 2015, John T Raymond (director) purchased 423,954 shares at 7.40 per share price.
Plains GP Holdings, L.P. operates as a holding company. The Company, through its subsidiaries, is involved in the transportation, storage, terminalling, and marketing of crude oil and refined products. It also focuses on the processing, transportation, fractionation, storage, and marketing of natural gas liquids, including ethane and natural gasoline products, as well as propane and butane products. Plains GP Holdings, L.P. is based in Houston, Texas.