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Is this Large Market Cap Stock target price reasonable for Plains GP Holdings, L.P. (NYSE:PAGP)?

The company in question is, Plains GP Holdings, L.P. (NYSE:PAGP) currently with a stock price of 13.35 (-0.74% today). The market cap for Plains GP Holdings, L.P. is 8425.35, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Plains GP Holdings, L.P. is 11.99. Currently Plains GP Holdings, L.P. is trading with a P/E of 24.72, and a forward P/E of 14.62. Average volume for Plains GP Holdings, L.P. is 2681.62 and so far today it is 1430717.

Performance in the last year for Plains GP Holdings, L.P. has been -21.25%. For EPS growth, Plains GP Holdings, L.P. has seen a growth of 13.10%, and is looking to grow in the next year to 10.84%. More long term stats show that EPS growth has been 103.80% over the last five years and could be 45.29% for the next five years. Plains GP Holdings, L.P. has seen sales growth quarter over quarter at -25.70%, with EPS growth quarter over quarter at 12.00%. The 20-day simple moving average is 11.69%, with the 200-day simple moving average coming to 40.07%.

Since the IPO date for Plains GP Holdings, L.P. on the 10/16/2013, Plains GP Holdings, L.P. has seen performance year to date to be 53.08%. With Plains GP Holdings, L.P. trading at 13.35, the dividend yield is 6.17%, and the EPS is 0.54.

So could Plains GP Holdings, L.P., be undervalued? Well as said before P/E is 24.72. The PEG is 0.55, P/S is 0.43 and the P/B is at 1.99. The P/cash is 227.71, with P/free cash flow at *TBA.

Plains GP Holdings, L.P. ability to deal with debt shows that the current ratio is 0.9, and the quick ratio is 0.6. This is with long term debt/equity at 5.59, and total debt/equity at 6.31.

In terms of margins, Plains GP Holdings, L.P. has a gross margin of 16.30%, an operating margin of 5.70% and a profit margin of 0.70%.Payout ratio for Plains GP Holdings, L.P. is 167.60%. Return on assets come to 0.60% with return on investment coming to 7.90%.

Insider ownership for Plains GP Holdings, L.P., is at 0.80% and institutional ownership comes to 78.50%. Outstanding shares are at 626.42. While shares float is 612.92. The float short is currently 1.99%, and short ratio is 4.55.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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