Analyst Ratings for Sunoco Logistics Partners L.P. (SXL)Updated: 2017-04-09
Shares of Sunoco Logistics Partners L.P. (NYSE:SXL) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, SXL was issued an average rating of Overweight.
13 analysts declared SXL a buy, 1 gave an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 4 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for SXL. The most optimistic price target was 38, which equates to a potential upside of 55.87 percent. The most pessimistic price target was 25, implying potential capital losses of 2.54 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 -19.79 percent. That number becomes -19.87 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 -7.69 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -20.46 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SXL to grow at a rate of -24.07 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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. The PEG ratio of SXL is -1.
In the trailing 52-weeks, SXL hit 31.49 at the highest peak, while it's lowest trading point was 22.07. The current market price is above the trailing year's low by 10.47 percent, and below the high by 22.58 percent. SXL has a price/earnings ratio of 23.98. Investors typically compare the P/E ratio to a company's peers in the industry. The SXL value stock report compares SXL to some of its peers using value stock charts. The stock has a market capitalization of $8.05 billion. SXL will post this quarters earnings in days, on 0000-00-00.