Analyst Ratings for Suburban Propane Partners L.P. (SPH)

Updated: 2017-07-27

Suburban Propane Partners L.P. (NYSE:SPH) was awarded an average rating of Hold from investment analysts following the stock. About 30 days ago, SPH was issued an average rating of Hold.

A buy rating was issued by 2 analysts, 0 issued an overweight rating, 8 gave a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

SPH was given price targets by several analysts. The most optimistic analyst gave a price target of 32, implying potential capital gains of 27.34 percent. The most pessimistic analyst gave a price target of 24, implying potential capital losses of -4.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -8.23 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.06 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -55.4 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of SPH to grow at a rate of 4.25 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. SPH has a PEG ratio of 13.44.

In the last 52-weeks, SPH has achieved a high of 35.00 and a low of 22.71. Today's price is 10.66 percent above the 52-week low, and 28.2 percent lower than its 52-week high. SPH has a P/E ratio of 57.11. Investors typically compare the P/E ratio to a company's peers in the industry. The SPH value stock report compares SPH to some of its peers using value stock charts. The stock has a market capitalization of $1.53 billion. SPH's next earnings release will be on 0000-00-00, which is days away.