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.

Investment analysts gave a few price targets for SPH. The highest price target was 32, implying a possible profit of 27.34 percent. The most pessimistic price target 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -8.23 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1.06 percent. If we look at the last 90 days instead, we find a net average change of -55.4 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SPH is 13.44.

SPH has a 52-week high of 35.00 and a 52-week low of 22.71. Currently the stock is 10.66 percent higher than its low, and 28.2 percent below the high. SPH has a price/earnings 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.