Analyst Ratings for Sunoco L.P. (SUN)Updated: 2017-07-29
Sunoco L.P. (NYSE:SUN) was awarded an average rating of Hold from investment analysts following the stock. SUN had previously received a consensus rating of Hold a month ago.
3 analysts declared SUN a buy, 2 gave an overweight rating, 9 issued a hold rating, 1 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 increase of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for SUN. The highest price target was 37, implying potential capital gains of 14.3 percent. The most pessimistic analyst gave a price target of 28, implying potential capital losses of -13.5 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -10.64 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -24.21 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -12.21 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -24.64 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
In the last 52-weeks, SUN has achieved a high of 32.48 and a low of 21.01. Today's price is 54.07 percent above the 52-week low, and below the high by 0.34 percent. SUN has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The SUN value stock report compares SUN to some of its peers using value stock charts. The stock has a market capitalization of $3.75 billion. SUN will post this quarters earnings in days, on 0000-00-00.