Currently, Suburban Propane Partners LP [SPH] is trading at $18.93, up 1.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPH shares have gain 6.65% over the last week, with a monthly amount drifted -1.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Suburban Propane Partners LP [NYSE: SPH] stock has seen the most recent analyst activity on August 30, 2024, when Wells Fargo downgraded its rating to a Underweight but kept the price target unchanged to $17 for it. Previously, Mizuho downgraded its rating to Underperform on January 29, 2024, and elevated its price target to $17. On April 26, 2023, Mizuho initiated with a Neutral rating and assigned a price target of $17 on the stock. Argus upgraded its rating to a Buy but stick to its price target of $18 on March 26, 2021. Argus upgraded its rating to a Hold. Argus downgraded its rating to Sell for this stock on February 11, 2020. In a note dated March 19, 2018, JP Morgan downgraded an Underweight rating on this stock.
This stock has fluctuated between a low of $15.20 and a high of $22.24 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Suburban Propane Partners LP [NYSE: SPH] shares were valued at $18.93 at the most recent close of the market. An investor can expect a potential return of 10.94% based on the average SPH price forecast.
Analyzing the SPH fundamentals
Trailing Twelve Months sales for Suburban Propane Partners LP [NYSE:SPH] were 1.42B which represents 17.98% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.33 and Total Capital is 0.09.
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 18.70 points at the first support level, and at 18.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.06, and for the 2nd resistance point, it is at 19.18.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Suburban Propane Partners LP [NYSE:SPH] is 1.06. Also, the Quick Ratio is 0.81, while the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 1.83 and price to earnings (TTM) ratio is 13.13.
Transactions by insiders
Recent insider trading involved LOGAN HAROLD R JR, Director, that happened on May 21 ’25 when 6900.0 shares were sold. Director, HAROLD R. LOGAN JR. completed a deal on May 21 ’25 to buy 6900.0 shares. Meanwhile, SVP- Prod.Sup,Purch.&Logistics Brinkworth Douglas sold 2000.0 shares on Mar 12 ’25.
