A share price of Sunoco LP [SUN] is currently trading at $53.60, up 1.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SUN shares have lost -2.78% over the last week, with a monthly amount drifted -4.63%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sunoco LP [NYSE: SUN] stock has seen the most recent analyst activity on June 18, 2024, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $65 for it. On June 07, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $62 on the stock. Mizuho upgraded its rating to a Buy and reduced its price target to $59 on June 04, 2024. Citigroup downgraded its rating to Neutral for this stock on February 27, 2024, but kept the price target unchanged to $65. In a note dated February 20, 2024, Stifel downgraded an Hold rating on this stock but restated the target price of $62.
Sunoco LP experienced fluctuations in its stock price throughout the past year between $43.85 and $64.89. Currently, Wall Street analysts expect the stock to reach $54.6 within the next 12 months. Sunoco LP [NYSE: SUN] shares were valued at $53.60 at the most recent close of the market. An investor can expect a potential return of 1.87% based on the average SUN price forecast.
Analyzing the SUN fundamentals
Trailing Twelve Months sales for Sunoco LP [NYSE:SUN] were 23.20B which represents 2.56% growth. Gross Profit Margin for this corporation currently stands at 0.05% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.36 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.10 points at the first support level, and at 52.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.19, and for the 2nd resistance point, it is at 54.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sunoco LP [NYSE:SUN] is 1.65. As well, the Quick Ratio is 1.07, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 4.04 and price to earnings (TTM) ratio is 11.94.
Transactions by insiders
Recent insider trading involved Harkness Austin, EVP – Commercial, that happened on May 29 ’24 when 1000.0 shares were purchased. EVP & Chief Operations Officer, Fails Karl R completed a deal on May 24 ’24 to buy 3000.0 shares. Meanwhile, EVP-Chief Sales Officer Hand Brian A bought 2000.0 shares on May 24 ’24.
