Overall, the profitability of Suburban Propane Partners LP is ranked 7 out of 10, indicating fair profitability. The technique has proven to be very useful for finding positive surprises. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.
- Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
- A company with high profit margins is usually a safer investment than those with low profit margins.
- If a company’s business is growing, the company usually creates value for its shareholders, especially if the growth is profitable.
- This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
- Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
Their SPH share price forecasts range from $16.00 to $17.00. On average, they predict the company’s share price to reach $16.50 in the next year. This suggests a possible upside of 1.1% from the stock’s current price.
Simultaneously, Russia, the world’s second-largest oil exporter, has prolonged its voluntary 300,000 barrels per day reduction in oil exports until year-end to maintain market stability. Use these ten stocks to generate a safe and reliable source of investment income. Zacks Earnings ESP (Expected fp markets forex broker review Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.97%. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
It primarily serves customers in the East Coast and West Coast regions of the United States. The company also partakes in natural gas and electricity marketing in the deregulated what is day trading markets of New York and Pennsylvania. The stock price of Suburban Propane Partners LP stands at $16.15, while its GF Value, an estimation of fair value, is $16.79.
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Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Alternative Assets.Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser.
- The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
- Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift and Michael A Schueler.
- It is calculated based on historical multiples, GuruFocus adjustment factor based on the company’s past performance and growth, and future business performance estimates.
- Overall, the profitability of Suburban Propane Partners LP is ranked 7 out of 10, indicating fair profitability.
© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Please see Open to the Public Investing’s Fee Schedule to learn more. If the stock price is significantly above the GF Value Line, it indicates overvaluation and potential poor future returns.
Warm Winter Won’t Sink Suburban Propane: Stifel
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are likely to see active trading during Thursday’s session are BEA Systems, Agilent Technologies, JC Penney, and Starbucks. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. The most recent change in the company’s dividend was an increase of $0.0250 on Friday, July 23, 2021. 43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead. Click here to access the additional SPH ratings (Growth, Value, Momentum, and Stability). It has ranked #13 out of 89 stocks within the Energy – Oil & Gas industry.
This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy. One can also evaluate a company’s profitability by comparing its return on invested capital (ROIC) to its weighted average cost of capital (WACC). Return on invested capital (ROIC) measures how well a company generates cash flow relative to the capital it has invested in its business.
Aanchal’s passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor’s degree in finance and is pursuing the CFA program. She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills.
View analysts price targets for SPH or view top-rated stocks among Wall Street analysts. 2 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Suburban Propane Partners in the last twelve months. The consensus among Wall Street equities research analysts is that investors should “hold” SPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPH, but not buy additional shares or sell existing shares.
SPH Stock News Headlines
The quarterly cash dividend was payable on August 8, 2023 to stockholders of record on July 31, 2023. Click here to access additional PBF ratings for Growth, Momentum, Stability, and Sentiment. In terms of forward non-GAAP P/E, PBF is trading at 3.88x, review if you can 60.6% lower than the industry average of 9.85x. Furthermore, its forward EV/EBITDA multiple of 2.49 is 55.7% lower than the 5.61 industry average. Additionally, the stock’s forward Price/Sales of 0.15x compares with the industry average of 1.48x.
Conversely, if it is significantly below the GF Value Line, it suggests undervaluation and likely higher future returns. Based on this method, Suburban Propane Partners LP’s stock appears to be fairly valued at its current price of $16.15 per share. Thus, the long-term return of its stock is likely to be close to the rate of its business growth. According to 2 analysts, the average rating for SPH stock is “Hold.” The 12-month stock price forecast is $16.5, which is an increase of 1.10% from the latest price.
News & Analysis
Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Analysts expect SPH’s revenue to grow 1.5% year-over-year to $1.46 billion for the fiscal year ending September 2024. Likewise, the company’s EPS for the next fiscal year is estimated to come in at $2.44, indicating a 33.6% year-over-year improvement. The stock has gained 11.9% over the past month, closing the last trading session at $16.29. The consensus revenue estimate of $1.33 billion for the fiscal year ending December 2023 reflects a 3.9% year-over-year improvement. Likewise, the consensus EPS estimate of $2.10 reflects a 4.5% rise from the prior year.
Additionally, the agency foresees a rise in domestic gas consumption, reaching 89.72 bcfd in 2023 from a record 88.56 bcfd in 2022. Liquefied Natural Gas (LNG) exports will increase to 11.60 bcfd in 2023 and 13.15 bcfd in 2024, up from 10.59 bcfd in 2022. To find out the high-quality companies that may deliver above-average returns, please check out GuruFocus High Quality Low Capex Screener.
This puts Michael A. Stivala in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Suburban Propane Partners’ stock was trading at $15.18 on January 1st, 2023. Since then, SPH stock has increased by 7.5% and is now trading at $16.32. Sign-up to receive the latest news and ratings for Suburban Propane Partners and its competitors with MarketBeat’s FREE daily newsletter. A quarterly cash dividend of $0.33 per share of Class A Common Stock.
Sign up to receive the latest news and ratings for SPH and its competitors with MarketBeat’s FREE daily newsletter. HESM shares were trading at $29.08 per share on Monday afternoon, up $0.61 (+2.14%). Year-to-date, HESM has gained 2.98%, versus a 13.52% rise in the benchmark S&P 500 index during the same period. During the third quarter that ended June 24, 2023, SPH’s operating income marginally rose year-over-year to $14.87 million. The global benchmark, Brent Crude, experienced a notable surge, hitting a new 2023 high last month, surpassing the $97 per barrel threshold. In addition, oil prices jumped recently due to concerns over the attack on Israel, which could impact crude supply from the Middle East.