Are Things Looking Up For Sunoco LP (NYSE: SUN)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Sunoco LP Maintains Quarterly Distribution.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Stocks Info

The company is listed on the NYSE and operates within the Oil & Gas Refining & Marketing industry segment. The current market capitalization of Sunoco LP is $5.07B. A total of 0.51 million shares were traded on the day, compared to an average of 747.56K shares.

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SUN has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Dodderer Arnold sold 7,832 shares of SUN for 53.20 per share on Dec 05. After the transaction, the GC & Asst. Sec. now owns 77,890 company shares.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Sunoco LP pays an annual dividend of $3.37, resulting in a dividend yield of 5.59%, and it has a price to earnings (P/E) ratio of 10.84. SUN’s most recent ex-dividend date was 2/6/2024 when it declared a $0.8420 quarterly dividend that was paid in cash on 2/20/2024. Previously, the company paid the dividend on 11/20/2023 with an ex-dividend date of 10/27/2023. The SUN stock dividend was $0.8420 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SUN in the last 3 months, the mean price target is $61.50 with high estimates of $65.00 and low estimates of $57.00. In terms of 52-week highs and lows, SUN has a high of $63.96 and a low of $40.81.

As of this writing, SUN has an earnings estimate of $1.14 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.35 per share and a lower estimate of $0.94. The company reported an EPS of $0.78 in the last quarter, which was -38.10% lower than expectations of $1.26.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SUN’s latest balance sheet shows that the firm has $25.00M in Cash & Short Term Investments as of fiscal 2021. There were $3.79B in debt and $890.00M in liabilities at the time. Its Book Value Per Share was $14.04, while its Total Shareholder’s Equity was $811.00M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SUN is Buy with a score of 4.00.

Most Popular

Related Posts