Pembina Pipeline Co. (TSE:PPL – Free Report) (NYSE:PBA) – Stock analysts at Atb Cap Markets increased their FY2025 earnings per share (EPS) estimates for shares of Pembina Pipeline in a research note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the company will post earnings per share of $3.21 for the year, up from their previous estimate of $3.16. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.
A number of other equities research analysts also recently weighed in on the stock. UBS Group cut their price target on shares of Pembina Pipeline from C$62.00 to C$57.00 in a report on Wednesday, March 5th. Citigroup raised shares of Pembina Pipeline from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th. JPMorgan Chase & Co. decreased their price target on shares of Pembina Pipeline from C$62.00 to C$59.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 15th. Raymond James increased their price objective on Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. Finally, TD Securities set a C$66.00 target price on Pembina Pipeline and gave the stock a “buy” rating in a report on Wednesday, January 15th. Five equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$59.33.
Pembina Pipeline Trading Up 0.5 %
Shares of Pembina Pipeline stock opened at C$53.40 on Monday. The business has a fifty day simple moving average of C$54.02 and a 200-day simple moving average of C$54.85. Pembina Pipeline has a fifty-two week low of C$47.71 and a fifty-two week high of C$60.72. The firm has a market cap of C$30.87 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48. The company has a quick ratio of 0.50, a current ratio of 0.65 and a debt-to-equity ratio of 78.68.
Insider Activity
In other Pembina Pipeline news, Senior Officer J. Scott Burrows sold 18,106 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of C$55.43, for a total transaction of C$1,003,615.58. Also, Director Andy Mah purchased 4,105 shares of the stock in a transaction dated Wednesday, April 9th. The stock was acquired at an average cost of C$48.84 per share, for a total transaction of C$200,488.20. Insiders have purchased a total of 18,089 shares of company stock worth $955,839 in the last ninety days. Corporate insiders own 0.05% of the company’s stock.
About Pembina Pipeline
Pembina Pipeline is midstream company serving the Canadian and North American ( primarily Bakken) markets with an integrated product portfolio. The firms’ assets include pipelines and gas gathering, as well as assets across fractionation, storage, and propane exports.
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