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 analyst gave a price target of 32, implying a possible profit of 27.34 percent. The minimum price target given was 24, implying potential capital losses of -4.5 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of SPH is 13.44.
In the last 52-weeks, SPH has achieved a high of 35.00 and a low of 22.71. Currently the stock is 10.66 percent higher than its 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 market cap of SPH is $1.53 billion. SPH's next earnings release will be on 0000-00-00, which is days away.