Plains All American Stock Buy Hold or Sell Recommendation
| PAA Stock | USD 17.49 0.12 0.68% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Plains All American is 'Strong Buy'. Macroaxis provides Plains All buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding PAA positions. The advice algorithm takes into account all of Plains All's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Plains All's buy or sell advice are summarized below:
Real Value 18.62 | Target Price 16.94 | Hype Value 17.55 | Market Value 17.49 | Naive Value 17.79 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Plains All American given historical horizon and risk tolerance towards Plains All. When Macroaxis issues a 'buy' or 'sell' recommendation for Plains All American, the advice is generated through an automated system that utilizes algorithms and statistical models.
Plains |
Execute Plains All Buy or Sell Advice
The Plains recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Plains All American. Macroaxis does not own or have any residual interests in Plains All American or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Plains All's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Plains All Trading Alerts and Improvement Suggestions
| The company has 8.16 B in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Plains All American has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Plains All until it has trouble settling it off, either with new capital or with free cash flow. So, Plains All's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Plains All American sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Plains to invest in growth at high rates of return. When we think about Plains All's use of debt, we should always consider it together with cash and equity. | |
| Plains All American has a strong financial position based on the latest SEC filings | |
| About 34.0% of Plains All outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Plains All American Pipeline stock up on Q1 earnings, revenue beat |
Plains All Returns Distribution Density
The distribution of Plains All's historical returns is an attempt to chart the uncertainty of Plains All's future price movements. The chart of the probability distribution of Plains All daily returns describes the distribution of returns around its average expected value. We use Plains All American price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Plains All returns is essential to provide solid investment advice for Plains All.
| Mean Return | 0.23 | Value At Risk | -1.74 | Potential Upside | 1.84 | Standard Deviation | 1.17 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Plains All historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Plains Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Plains All is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Plains All American backward and forwards among themselves. Plains All's institutional investor refers to the entity that pools money to purchase Plains All's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Brookfield Corp | 2023-12-31 | 5.9 M | Bank Of America Corp | 2023-12-31 | 5.5 M | Chickasaw Capital Management, Llc | 2023-12-31 | 4.5 M | Energy Income Partners, Llc | 2023-12-31 | 4.4 M | Deutsche Bank Ag | 2023-12-31 | 4.3 M | Eagle Global Advisors, Llc | 2023-12-31 | 3.9 M | Pathstone Family Office, Llc | 2023-09-30 | 3.9 M | Infrastructure Capital Advisors, Llc | 2023-12-31 | 3.7 M | Atlantic Trust Group, Llc | 2023-12-31 | 3.5 M | Alps Advisors Inc | 2023-12-31 | 60.7 M | Goldman Sachs Group Inc | 2023-12-31 | 35.8 M |
Plains All Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (5M) | (304M) | (18M) | (10M) | 223M | 234.2M | |
| Change In Cash | 16M | (22M) | 393M | (52M) | 49M | 51.5M | |
| Free Cash Flow | 1.3B | 776M | 1.7B | 2.0B | 2.2B | 2.3B | |
| Depreciation | 601M | 653M | 774M | 965M | 1.0B | 1.1B | |
| Other Non Cash Items | (253M) | 3.7B | 755M | 261M | 234M | 252.9M | |
| Capital Expenditures | 1.2B | 738M | 336M | 455M | 559M | 723.5M | |
| Net Income | 2.2B | (2.6B) | 648M | 1.2B | 1.2B | 1.3B | |
| End Period Cash Flow | 82M | 60M | 453M | 401M | 450M | 472.5M | |
| Dividends Paid | 1.2B | 853M | 715M | 782M | (989M) | (939.6M) | |
| Investments | (1.8B) | (1.1B) | (94M) | (526M) | (679M) | (713.0M) | |
| Change Receivables | (1.2B) | 1.4B | (2.2B) | 649M | 584.1M | 613.3M | |
| Net Borrowings | 91M | 587M | (745M) | (750M) | (675M) | (641.3M) | |
| Change To Netincome | 61M | 3.5B | 803M | 745M | 856.8M | 512.9M |
Plains All Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Plains All or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Plains All's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Plains stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | 0.95 | |
σ | Overall volatility | 1.18 | |
Ir | Information ratio | 0.13 |
Plains All Volatility Alert
Plains All American has relatively low volatility with skewness of -0.41 and kurtosis of -0.59. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Plains All's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Plains All's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Plains All Implied Volatility
Plains All's implied volatility exposes the market's sentiment of Plains All American stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Plains All's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Plains All stock will not fluctuate a lot when Plains All's options are near their expiration.
Plains All Fundamentals Vs Peers
Comparing Plains All's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Plains All's direct or indirect competition across all of the common fundamentals between Plains All and the related equities. This way, we can detect undervalued stocks with similar characteristics as Plains All or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Plains All's fundamental indicators could also be used in its relative valuation, which is a method of valuing Plains All by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Plains All to competition |
| Fundamentals | Plains All | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0307 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 25.28 B | 16.62 B |
| Shares Outstanding | 701.07 M | 571.82 M |
| Shares Owned By Insiders | 34.01 % | 10.09 % |
| Shares Owned By Institutions | 42.02 % | 39.21 % |
| Number Of Shares Shorted | 10.82 M | 4.71 M |
| Price To Earning | 15.06 X | 28.72 X |
| Price To Book | 1.19 X | 9.51 X |
| Price To Sales | 0.26 X | 11.42 X |
| Revenue | 48.74 B | 9.43 B |
| Gross Profit | 2.85 B | 27.38 B |
| EBITDA | 2.48 B | 3.9 B |
| Net Income | 1.23 B | 570.98 M |
| Cash And Equivalents | 324 M | 2.7 B |
| Cash Per Share | 0.46 X | 5.01 X |
| Total Debt | 8.16 B | 5.32 B |
| Debt To Equity | 0.69 % | 48.70 % |
| Current Ratio | 0.97 X | 2.16 X |
| Book Value Per Share | 11.59 X | 1.93 K |
| Cash Flow From Operations | 2.73 B | 971.22 M |
| Short Ratio | 2.90 X | 4.00 X |
| Earnings Per Share | 1.40 X | 3.12 X |
| Price To Earnings To Growth | 2.27 X | 4.89 X |
| Target Price | 19.13 | |
| Number Of Employees | 4.2 K | 18.84 K |
| Beta | 1.57 | -0.15 |
| Market Capitalization | 12.35 B | 19.03 B |
| Total Asset | 27.36 B | 29.47 B |
| Retained Earnings | 1.63 B | 9.33 B |
| Working Capital | (90 M) | 1.48 B |
Note: Disposition of 9897 shares by Chris Chandler of Plains All at 11.56 subject to Rule 16b-3 [view details]
Plains All Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Plains . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 45452.77 | |||
| Daily Balance Of Power | (0.34) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 17.55 | |||
| Day Typical Price | 17.53 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.12) | |||
| Relative Strength Index | 42.44 |
About Plains All Buy or Sell Advice
When is the right time to buy or sell Plains All American? Buying financial instruments such as Plains Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 8.7B | 7.6B | 8.2B | 5.5B | Total Assets | 28.6B | 27.9B | 27.4B | 15.6B |
Use Investing Ideas to Build Portfolios
In addition to having Plains All in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Rentals Thematic Idea Now
Rentals
Companies providing rental and leasing services to public and business. The Rentals theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Rentals Theme or any other thematic opportunities.
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Check out Plains All Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Plains All American information on this page should be used as a complementary analysis to other Plains All's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Plains Stock analysis
When running Plains All's price analysis, check to measure Plains All's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains All is operating at the current time. Most of Plains All's value examination focuses on studying past and present price action to predict the probability of Plains All's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains All's price. Additionally, you may evaluate how the addition of Plains All to your portfolios can decrease your overall portfolio volatility.
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Is Plains All's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plains All. If investors know Plains will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plains All listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.176 | Dividend Share 1.12 | Earnings Share 1.4 | Revenue Per Share 69.688 | Quarterly Revenue Growth (0.02) |
The market value of Plains All American is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains All's value that differs from its market value or its book value, called intrinsic value, which is Plains All's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plains All's market value can be influenced by many factors that don't directly affect Plains All's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plains All's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains All is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains All's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.