Looking at top Wall Street opinions, Plains All American Pipeline, L.P. (NYSE: PAA) has recently made its way into the research list of Piper Jaffray – signaling that their analyst’s rating adjustment is noteworthy. This stock was Overweight in the eyes of Piper Jaffray, as reported on Wednesday, July 17th, 2019. Another heavy-hitting research note was published by Wolfe Research on Thursday June 13th, 2019, with this firm upgrading PAA to an updated rating of Outperform from its previous rating of Peer Perform. In the past six months and three months of trading, shares of Plains All American Pipeline, L.P. (PAA) have moved by -10.91% and -10.80%, respectively.
Brokerage Updates Related to Plains All American Pipeline, L.P. (PAA) Stock
This publicly-traded organization generated losses of -0.46% over the last 5 sessions. Right now, this stock is the subject of 23 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 10 have given a rating of Buy or better. Based on the 23 stock market experts following this company, the average 12-month price target is $27.86. Moreover, individual price targets range between $25.00-$32.00. With its recent move to $28.00, we can see that these firms project this stock will loss by -17.41% in one year.
Updates from Plains All American Pipeline, L.P. (PAA) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A Sr. VP and Chief Acctg Officer at Plains All American Pipeline, L.P. (PAA) sold off some of its shares in a transaction that was finalized on Aug 14. Similarly, RAYMOND JOHN T sold 8,179,284 shares of the organization’s stock at $23.10 apiece and racked up $188,941,460 in earnings from the sale. Now, RAYMOND JOHN T holds 0 shares of the company following the exchange. A of the organization named EMG Investment, LLC, was engaged in a transaction that occurred on May 28 that managed to be worth $188,941,460 from the sale of 8,179,284 common shares at a price of $23.10 per individual share.
Plains All American Pipeline, L.P. (NYSE:PAA) Results in the Pipeline
The next scheduled release of financial results for Plains All American Pipeline, L.P. will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.57. In the same vein, they expect sales for the quarter to amount to $9,016.92 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $8,375.00 million in revenue alongside EPS at $1.20. On average, the analyst projection was calling for $8,786.00 million with $1.38 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $8,792.00 million, with earnings per share ending up at $0.87.
Guess’, Inc. (NYSE:GES) experienced a gain of 4.59% from the closing price in the previous trading day. That boost the price to $14.14 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,632,815 shares of stock – compared to the typical average of 2.05M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $22.50.
Pricing Indications for Guess’, Inc. (GES)
This organization has had a price-to-earnings ratio of 73.26 in the last year. Meanwhile, it gained 15.68 from its observable 50-day simple moving average. Right at this moment, the per-share value is -26.22% lower than the mean per-share price over the last 200 days in the market.
Guess’, Inc. (NYSE:GES) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 2 have an outperform rating, while 2 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.20, based on information from Thomson Reuters.
GES Stock Value Potential
In trading activity as of late, this stock’s value was 19.13 up from its 200 day moving average, while also -9.99% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $17.00-$29.00. The market value for the entire organization reached 968.59M. In the last trading session, the price ended the day at $13.52. The institutional holdings related to this organization account for 0.80%, and the Beta factor is now 0.60. This company’s RSI (Relative Strength Index) managed to hit 38.27.
Guess’, Inc. (NYSE:GES) Analyst Points of Focus
Guess’, Inc. (GES) has found itself inside of Telsey Advisory Group’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Market Perform, by Telsey Advisory Group, as garnered from a news report on Tuesday April 23rd, 2019. An additional helpful research note was sent out by Jefferies’s on Thursday February 7th, 2019. The brokerage decided to upgrade GES to Buy from its previous rating of Hold.