Sunoco LP (NYSE: SUN) on Friday, plunged -0.47% from the previous trading day, before settling in for the closing price of $57.35. Within the past 52 weeks, SUN’s price has moved between $49.45 and $64.89.
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A company in the Energy sector has jumped its sales by 12.62% annually for the last half of the decade. The company achieved an average annual earnings per share of -24.72%. With a float of $105.02 million, this company’s outstanding shares have now reached $136.23 million.
In an organization with 3298 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Oil & Gas Refining & Marketing industry stocks is more important than anything else. The insider ownership of Sunoco LP is 22.78%, while institutional ownership is 43.76%. 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 -24.72% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.08% during the next five years compared to 16.36% growth over the previous five years of trading.
Sunoco LP (NYSE: SUN) Trading Performance Indicators
Sunoco LP (SUN) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34. Likewise, its price to free cash flow for the trailing twelve months is 36.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.61, a number that is poised to hit 1.56 in the next quarter and is forecasted to reach 6.79 in one year’s time.
Technical Analysis of Sunoco LP (SUN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.51 million. That was inferior than the volume of 0.57 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 45.64%. Additionally, its Average True Range was 1.64.
During the past 100 days, Sunoco LP’s (SUN) raw stochastic average was set at 74.25%, which indicates a significant increase from 48.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.70% in the past 14 days, which was higher than the 22.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.28, while its 200-day Moving Average is $53.84. However, in the short run, Sunoco LP’s stock first resistance to watch stands at $58.08. Second resistance stands at $59.08. The third major resistance level sits at $59.59. If the price goes on to break the first support level at $56.57, it is likely to go to the next support level at $56.06. Assuming the price breaks the second support level, the third support level stands at $55.06.
Sunoco LP (NYSE: SUN) Key Stats
Market capitalization of the company is 7.76 billion based on 152,412K outstanding shares. Right now, sales total 23,068 M and income totals 394,000 K. The company made 5,751 M in profit during its latest quarter, and 2,000 K in sales during its previous quarter.
