Sunoco LP (NYSE: SUN) kicked off on Monday, up 3.30% from the previous trading day, before settling in for the closing price of $52.16. Over the past 52 weeks, SUN has traded in a range of $49.45-$64.89.
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During the last 5-year period, the sales growth of Energy Sector giant was 12.47%. While this was happening, its average annual earnings per share was recorded 101.52%. With a float of $105.16 million, this company’s outstanding shares have now reached $136.00 million.
Let’s determine the extent of company efficiency that accounts for 2389 employees. In terms of profitability, gross margin is 4.32%, operating margin of 2.26%, and the pretax margin is 3.55%.
Sunoco LP (SUN) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Refining & Marketing Industry. The insider ownership of Sunoco LP is 22.68%, while institutional ownership is 41.92%. The most recent insider transaction that took place on May 29 ’24, was worth 49,740. In this transaction EVP – Commercial of this company bought 1,000 shares at a rate of $49.74, taking the stock ownership to the 83,686 shares. Before that another transaction happened on May 24 ’24, when Company’s EVP & Chief Operations Officer bought 3,000 for $50.18, making the entire transaction worth $150,540. This insider now owns 230,916 shares in total.
Sunoco LP (SUN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 101.52% per share during the next fiscal year.
Sunoco LP (NYSE: SUN) Trading Performance Indicators
Take a look at Sunoco LP’s (SUN) current performance indicators. Last quarter, stock had a quick ratio of 0.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 25.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.36, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 6.11 in one year’s time.
Technical Analysis of Sunoco LP (SUN)
Looking closely at Sunoco LP (NYSE: SUN), its last 5-days average volume was 0.35 million, which is a drop from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 36.29%. Additionally, its Average True Range was 1.22.
During the past 100 days, Sunoco LP’s (SUN) raw stochastic average was set at 44.38%, which indicates a significant decrease from 74.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.82% in the past 14 days, which was higher than the 22.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.73, while its 200-day Moving Average is $55.41. However, in the short run, Sunoco LP’s stock first resistance to watch stands at $54.67. Second resistance stands at $55.46. The third major resistance level sits at $56.82. If the price goes on to break the first support level at $52.52, it is likely to go to the next support level at $51.16. Should the price break the second support level, the third support level stands at $50.37.
Sunoco LP (NYSE: SUN) Key Stats
The company with the Market Capitalisation of 8.30 billion has total of 152,409K Shares Outstanding. Its annual sales at the moment are 23,068 M in contrast with the sum of 394,000 K annual income. Company’s last quarter sales were recorded 5,751 M and last quarter income was 2,000 K.
