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.

Several price targets were given for SUN by the analysts covering the stock. The most optimistic price target was 37, which equates to a potential upside of 14.3 percent. The most pessimistic analyst gave a price target of 28, implying a possible loss of -13.5 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -10.64 percent on average, compared to last month. That number becomes -24.21 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 -12.21 percent. If we look at the last 90 days instead, we find a net average change of -24.64 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

SUN has a 52-week high of 32.48 and a 52-week low of 21.01. The current market price is above the trailing year's low by 54.07 percent, and 0.34 percent below the high. SUN has a price/earnings 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 market cap of SUN is $3.75 billion. SUN is estimated to release their earnings results for the quarter on 0000-00-00, days from today.