On Tuesday, Sunoco LP (NYSE: SUN) opened higher 1.18% from the last session, before settling in for the closing price of $56.66. Price fluctuations for SUN have ranged from $49.45 to $64.89 over the past 52 weeks.
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Annual sales at Energy sector company grew by 16.18% over the past five years. Company’s average yearly earnings per share was noted -23.34% at the time writing. With a float of $104.68 million, this company’s outstanding shares have now reached $136.23 million.
Let’s look at the performance matrix of the company that is accounted for 2389 employees. In terms of profitability, gross margin is 8.21%, operating margin of 3.64%, and the pretax margin is 4.62%.
Sunoco LP (SUN) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas Refining & Marketing industry is another important factor to consider. The insider ownership of Sunoco LP is 23.03%, while institutional ownership is 42.14%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.79 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -23.34% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.08% during the next five years compared to 16.36% growth over the previous five years of trading.
Sunoco LP (NYSE: SUN) Trading Performance Indicators
Check out the current performance indicators for Sunoco LP (SUN). In the past quarter, the stock posted a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39. Likewise, its price to free cash flow for the trailing twelve months is 27.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.61, a number that is poised to hit 1.60 in the next quarter and is forecasted to reach 6.90 in one year’s time.
Technical Analysis of Sunoco LP (SUN)
Sunoco LP (NYSE: SUN) saw its 5-day average volume 0.6 million, a positive change from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 36.36%. Additionally, its Average True Range was 1.60.
During the past 100 days, Sunoco LP’s (SUN) raw stochastic average was set at 76.73%, which indicates a significant increase from 53.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.95% in the past 14 days, which was higher than the 22.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.22, while its 200-day Moving Average is $53.84. Nevertheless, the first resistance level for the watch stands at $58.30 in the near term. At $59.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $61.10. If the price goes on to break the first support level at $55.50, it is likely to go to the next support level at $53.68. Assuming the price breaks the second support level, the third support level stands at $52.70.
Sunoco LP (NYSE: SUN) Key Stats
There are currently 152,412K shares outstanding in the company with a market cap of 8.74 billion. Presently, the company’s annual sales total 23,068 M according to its annual income of 394,000 K. Last quarter, the company’s sales amounted to 5,751 M and its income totaled 2,000 K.
