The closing price of Sunoco LP (NYSE: SUN) was $54.53 for the day, down -3.76% from the previous closing price of $56.66. In other words, the price has decreased by -$2.13 from its previous closing price. On the day, 684346 shares were traded.
Ratios:
Our analysis of SUN’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 158.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.69. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 4.21 whereas as Long-Term Debt/Eq ratio is at 4.18.
On February 20, 2024, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $62.
Citigroup Upgraded its Neutral to Buy on January 24, 2024, while the target price for the stock was maintained at $65.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 05 ’23 when Dodderer Arnold sold 7,832 shares for $53.20 per share. The transaction valued at 416,623 led to the insider holds 77,890 shares of the business.
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 4.78B and an Enterprise Value of 8.87B. As of this moment, Sunoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.98, and their Forward P/E ratio for the next fiscal year is 8.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 4.71. Its current Enterprise Value per Revenue stands at 0.38 whereas that against EBITDA is 10.75.
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 $41.95. The 50-Day Moving Average of the stock is 60.99, while the 200-Day Moving Average is calculated to be 52.87.
Shares Statistics:
SUN traded an average of 463.81K shares per day over the past three months and 286.75k shares per day over the past ten days. A total of 84.41M shares are outstanding, with a floating share count of 54.76M. Insiders hold about 35.14% of the company’s shares, while institutions hold 28.14% stake in the company. Shares short for SUN as of Mar 15, 2024 were 3.17M with a Short Ratio of 6.20, compared to 3.85M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.75% and a Short% of Float of 5.69%.
Dividends & Splits
With its trailing 12-month dividend rate of 3.37, SUN has a forward annual dividend rate of 3.37. Against a Trailing Annual Dividend Yield of 5.94%, it implies a Forward Annual Dividend Yield of 5.60%. The stock’s 5-year Average Dividend Yield is 9.44.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $1.29 for the current quarter, with a high estimate of $1.52 and a low estimate of $1.05, while EPS last year was $1.41. The consensus estimate for the next quarter is $1.45, with high estimates of $1.76 and low estimates of $1.34.
Analysts are recommending an EPS of between $6.79 and $5.07 for the fiscal current year, implying an average EPS of $6.01. EPS for the following year is $6.88, with 4 analysts recommending between $8.7 and $4.42.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $5.17B to a low estimate of $5.17B. As of the current estimate, Sunoco LP’s year-ago sales were $4.91B, an estimated increase of 5.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $5.58B, a decrease of -2.30% less than the figure of $5.20% in the same quarter last year. There is a high estimate of $5.58B for the next quarter, whereas the lowest estimate is $5.58B.
A total of 3 analysts have provided revenue estimates for SUN’s current fiscal year. The highest revenue estimate was $22.74B, while the lowest revenue estimate was $21.86B, resulting in an average revenue estimate of $22.29B. In the same quarter a year ago, actual revenue was $23.07B, down -3.40% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $22.78B in the next fiscal year. The high estimate is $23.03B and the low estimate is $22.46B. The average revenue growth estimate for next year is up 2.20% from the average revenue estimate for this year.
