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.
A number of analysts gave price targets for SPH. The most optimistic price target was 32, implying potential capital gains of 27.34 percent. The minimum price target given was 24, implying potential capital losses of -4.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -8.23 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.06 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -55.4 percent in FY estimates.
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 revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of SPH's earnings is estimated by analysts to be 4.25 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, 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.
SPH has traded between a high of 35.00 and a low of 22.71 over the past year. Currently the stock is 10.66 percent higher than its low, and below the high by 28.2 percent. 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 market cap of SPH is $1.53 billion. SPH is estimated to release their earnings results for the quarter on 0000-00-00, days from today.