Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Sunoco LP (NYSE: SUN) closed the day trading at $55.59 up 0.63% from the previous closing price of $55.24. In other words, the price has increased by $0.63 from its previous closing price. On the day, 0.6 million shares were traded. SUN stock price reached its highest trading level at $55.88 during the session, while it also had its lowest trading level at $54.86.
Ratios:
For a better understanding of SUN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 261.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.23. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 17 ’24 when Skidmore David K bought 1,500 shares for $52.10 per share. The transaction valued at 78,144 led to the insider holds 14,608 shares of the business.
Dodderer Arnold sold 7,832 shares of SUN for $416,623 on Dec 05 ’23. The GC & Asst. Sec. now owns 77,890 shares after completing the transaction at $53.20 per share.
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 7506984960 and an Enterprise Value of 8777358336. As of this moment, Sunoco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.28, and their Forward P/E ratio for the next fiscal year is 8.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 4.80. Its current Enterprise Value per Revenue stands at 0.38 whereas that against EBITDA is 10.77.
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 -5.43%, while the 200-Day Moving Average is calculated to be 3.07%.
Shares Statistics:
Over the past 3-months, SUN traded about 490.78K shares per day on average, while over the past 10 days, SUN traded about 840870 shares per day. A total of 136.28M shares are outstanding, with a floating share count of 88.37M. Insiders hold about 35.16% of the company’s shares, while institutions hold 17.45% stake in the company. Shares short for SUN as of 1713139200 were 2554347 with a Short Ratio of 5.20, compared to 1710460800 on 3166960. Therefore, it implies a Short% of Shares Outstanding of 2554347 and a Short% of Float of 4.5900002.
Dividends & Splits
SUN’s forward annual dividend rate is 2.53, up from 3.368 a year ago. Against a Trailing Annual Dividend Yield of 0.06097031The stock’s 5-year Average Dividend Yield is 9.28.
