The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Sunoco LP (NYSE: SUN) closed at $51.14 down -1.82% from its previous closing price of $52.09. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 0.78 million shares were traded. SUN stock price reached its highest trading level at $52.26 during the session, while it also had its lowest trading level at $51.14.
Ratios:
For a deeper understanding of Sunoco LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 30.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.40. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 1.82 whereas as Long-Term Debt/Eq ratio is at 1.80.
Stifel Upgraded its Hold to Buy on June 07, 2024, while the target price for the stock was maintained at $62.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 29 ’24 when Harkness Austin bought 1,000 shares for $49.74 per share. The transaction valued at 49,740 led to the insider holds 83,686 shares of the business.
Fails Karl R bought 3,000 shares of SUN for $150,540 on May 24 ’24. The EVP & Chief Operations Officer now owns 230,916 shares after completing the transaction at $50.18 per share. On May 24 ’24, another insider, Hand Brian A, who serves as the EVP-Chief Sales Officer of the company, bought 2,000 shares for $49.59 each. As a result, the insider paid 99,180 and bolstered with 153,255 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SUN now has a Market Capitalization of 6954937856 and an Enterprise Value of 14758133760. As of this moment, Sunoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.76, and their Forward P/E ratio for the next fiscal year is 8.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.61. Its current Enterprise Value per Revenue stands at 0.624 whereas that against EBITDA is 14.583.
Stock Price History:
Over the past 52 weeks, SUN has reached a high of $64.89, while it has fallen to a 52-week low of $49.00. The 50-Day Moving Average of the stock is -3.56%, while the 200-Day Moving Average is calculated to be -8.82%.
Shares Statistics:
For the past three months, SUN has traded an average of 450.93K shares per day and 401150 over the past ten days. A total of 136.00M shares are outstanding, with a floating share count of 105.14M. Insiders hold about 22.69% of the company’s shares, while institutions hold 42.35% stake in the company. Shares short for SUN as of 1727654400 were 785068 with a Short Ratio of 1.74, compared to 1724976000 on 888861. Therefore, it implies a Short% of Shares Outstanding of 785068 and a Short% of Float of 0.73.
Dividends & Splits
According to the company, the forward annual dividend rate for SUN is 3.44, from 3.435 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06594356The stock’s 5-year Average Dividend Yield is 8.93.