What is Scotiabank’s Estimate for TSE:PPL FY2027 Earnings?

Pembina Pipeline Co. (TSE:PPL) (NYSE:PBA) – Equities research analysts at Scotiabank upped their FY2027 earnings per share (EPS) estimates for Pembina Pipeline in a research note issued on Thursday, July 23rd. Scotiabank analyst R. Hope now expects that the company will earn $3.22 per share for the year, up from their previous estimate of $3.21. Scotiabank currently has a “Hold” rating and a $73.00 target price on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $3.44 per share.

Pembina Pipeline (TSE:PPL) (NYSE:PBA) last posted its quarterly earnings data on Thursday, May 7th. The company reported C$0.81 earnings per share (EPS) for the quarter. The company had revenue of C$2.11 billion during the quarter. Pembina Pipeline had a return on equity of 9.98% and a net margin of 22.22%.

A number of other equities analysts have also commented on PPL. JPMorgan Chase & Co. raised their target price on shares of Pembina Pipeline from C$64.00 to C$67.00 in a research report on Friday, May 15th. BMO Capital Markets boosted their price target on Pembina Pipeline from C$60.00 to C$63.00 in a report on Wednesday, April 8th. TD Securities raised Pembina Pipeline from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. Scotia raised their price objective on Pembina Pipeline from C$65.00 to C$69.00 and gave the stock a “sector outperform” rating in a report on Friday, July 3rd. Finally, Wells Fargo & Company raised Pembina Pipeline from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, July 13th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$67.00.

Pembina Pipeline Price Performance

Pembina Pipeline stock opened at C$72.44 on Friday. The stock has a market cap of C$42.12 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 1.58 and a beta of 0.27. The company has a debt-to-equity ratio of 82.35, a current ratio of 0.83 and a quick ratio of 0.50. Pembina Pipeline has a 1 year low of C$48.74 and a 1 year high of C$72.72. The firm has a 50-day moving average of C$67.75 and a two-hundred day moving average of C$62.23.

Pembina Pipeline Company Profile

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.