Atb Cap Markets Has Bullish Outlook for TSE:PPL Q1 Earnings

Pembina Pipeline Co. (TSE:PPL - Free Report) NYSE: PBA - Atb Cap Markets boosted their Q1 2025 EPS estimates for shares of Pembina Pipeline in a research report issued to clients and investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now anticipates that the company will post earnings per share of $0.80 for the quarter, up from their previous estimate of $0.75. The consensus estimate for Pembina Pipeline's current full-year earnings is $3.44 per share.

A number of other analysts also recently weighed in on the company. Citigroup upgraded Pembina Pipeline from a "neutral" rating to a "buy" rating in a research report on Monday, March 10th. TD Securities set a C$66.00 target price on shares of Pembina Pipeline and gave the company a "buy" rating in a report on Wednesday, January 15th. Raymond James upped their price target on shares of Pembina Pipeline from C$62.00 to C$63.00 in a research report on Monday, March 3rd. JPMorgan Chase & Co. lowered their target price on Pembina Pipeline from C$62.00 to C$59.00 and set a "neutral" rating for the company in a research note on Tuesday, April 15th. Finally, UBS Group reduced their price target on Pembina Pipeline from C$62.00 to C$57.00 in a research report on Wednesday, March 5th. Five research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$59.33.

Pembina Pipeline Price Performance

TSE PPL traded down C$1.03 during trading hours on Friday, reaching C$52.30. 1,070,681 shares of the stock traded hands, compared to its average volume of 3,174,088. The stock has a 50 day simple moving average of C$54.10 and a two-hundred day simple moving average of C$54.78. Pembina Pipeline has a 1 year low of C$47.71 and a 1 year high of C$60.72. The company has a debt-to-equity ratio of 78.68, a current ratio of 0.65 and a quick ratio of 0.50. The company has a market cap of C$30.23 billion, a price-to-earnings ratio of 15.18, a price-to-earnings-growth ratio of 1.58 and a beta of 1.48.

Insider Buying and Selling at Pembina Pipeline

In other Pembina Pipeline news, Director Henry William Sykes acquired 1,100 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of C$53.61 per share, with a total value of C$58,971.00. Also, Director Andy Mah purchased 4,105 shares of the firm's stock in a transaction dated Wednesday, April 9th. The stock was acquired at an average price of C$48.84 per share, with a total value of C$200,488.20. Over the last 90 days, insiders purchased 18,089 shares of company stock worth $955,839. 0.05% of the stock is owned by insiders.

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.