FY2027 Earnings Forecast for TSE:PPL Issued By Scotiabank

Key Points

• Scotiabank cut its FY2027 EPS estimate for Pembina Pipeline to $2.98 from $3.06, which is below the consensus full-year estimate of $3.44 per share.
• Several other analysts have recently raised price targets while the consensus rating is a "Hold" with a target of C$62.55; shares trade around C$61.40 (market cap C$35.7B, P/E 23.1) and Pembina reported Q4 EPS of C$0.78 on C$1.91B in revenue.

Pembina Pipeline Co. (TSE:PPL - Free Report) NYSE: PBA - Equities research analysts at Scotiabank reduced their FY2027 earnings estimates for shares of Pembina Pipeline in a research report issued on Friday, April 10th. Scotiabank analyst R. Hope now anticipates that the company will post earnings of $2.98 per share for the year, down from their previous forecast of $3.06. The consensus estimate for Pembina Pipeline's current full-year earnings is $3.44 per share.

Pembina Pipeline (TSE:PPL - Get Free Report) NYSE: PBA last announced its quarterly earnings results on Thursday, February 26th. The company reported C$0.78 EPS for the quarter. The business had revenue of C$1.91 billion during the quarter. Pembina Pipeline had a return on equity of 9.91% and a net margin of 21.66%.

Other equities research analysts have also recently issued research reports about the company. TD Securities boosted their price target on Pembina Pipeline from C$63.00 to C$65.00 and gave the company a "hold" rating in a research note on Wednesday, April 8th. Raymond James Financial upped their price objective on shares of Pembina Pipeline from C$66.00 to C$67.00 in a report on Tuesday, December 16th. BMO Capital Markets upped their price objective on shares of Pembina Pipeline from C$60.00 to C$63.00 in a report on Wednesday, April 8th. Barclays upped their price objective on shares of Pembina Pipeline from C$62.00 to C$63.00 in a report on Wednesday, April 8th. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of Pembina Pipeline from C$64.00 to C$66.00 in a report on Wednesday, April 8th. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Pembina Pipeline has an average rating of "Hold" and a consensus target price of C$62.55.

Pembina Pipeline Stock Performance

Shares of TSE PPL opened at C$61.40 on Monday. The stock has a market cap of C$35.69 billion, a price-to-earnings ratio of 23.08, a PEG ratio of 1.58 and a beta of 0.36. The business has a 50 day simple moving average of C$60.57 and a 200 day simple moving average of C$56.12. Pembina Pipeline has a 52 week low of C$48.74 and a 52 week high of C$64.27. The company has a debt-to-equity ratio of 82.58, a quick ratio of 0.50 and a current ratio of 0.61.

About Pembina Pipeline

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities.

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