As of close of business last night, SunCoke Energy Inc.’s stock clocked out at $7.25, down -0.96% from its previous closing price of $7.32. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 552899 shares were traded. SXC stock price reached its highest trading level at $7.30 during the session, while it also had its lowest trading level at $7.18.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
To gain a deeper understanding of SXC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.72. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.89.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 02 when Hardesty Phillip Michael sold 13,778 shares for $9.97 per share. The transaction valued at 137,408 led to the insider holds 206,050 shares of the business.
Hardesty Phillip Michael sold 17,778 shares of SXC for $168,278 on Feb 28. The Senior Vice President now owns 199,033 shares after completing the transaction at $9.47 per share.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SXC now has a Market Capitalization of 645.48M and an Enterprise Value of 1.09B. As of this moment, SunCoke’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.02, and their Forward P/E ratio for the next fiscal year is 11.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 3.92.
Stock Price History:
Over the past 52 weeks, SXC has reached a high of $10.43, while it has fallen to a 52-week low of $5.72. The 50-Day Moving Average of the stock is 8.17, while the 200-Day Moving Average is calculated to be 8.01.
It appears that SXC traded 732.03K shares on average per day over the past three months and 578.39k shares per day over the past ten days. A total of 84.50M shares are outstanding, with a floating share count of 82.64M. Insiders hold about 0.10% of the company’s shares, while institutions hold 87.60% stake in the company. Shares short for SXC as of May 14, 2023 were 1.83M with a Short Ratio of 1.83M, compared to 1.49M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.18% and a Short% of Float of 2.72%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.30, SXC has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 4.10%, it implies a Forward Annual Dividend Yield of 4.37%.
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.19, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.19, with high estimates of $0.2 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.79 and $0.76 for the fiscal current year, implying an average EPS of $0.77. EPS for the following year is $0.63, with 2 analysts recommending between $0.67 and $0.59.
In the current quarter, 2 analysts expect revenue to total $422.65M. It ranges from a high estimate of $473.7M to a low estimate of $371.6M. As of the current estimate, SunCoke Energy Inc.’s year-ago sales were $501.9M, an estimated decrease of -15.80% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $393.55M, an increase of 2.10% over than the figure of -$15.80% in the same quarter last year. There is a high estimate of $414.9M for the next quarter, whereas the lowest estimate is $372.2M.
A total of 2 analysts have provided revenue estimates for SXC’s current fiscal year. The highest revenue estimate was $1.77B, while the lowest revenue estimate was $1.6B, resulting in an average revenue estimate of $1.68B. In the same quarter a year ago, actual revenue was $1.97B, down -14.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.59B in the next fiscal year. The high estimate is $1.69B and the low estimate is $1.48B. The average revenue growth estimate for next year is down -5.90% from the average revenue estimate for this year.