Sunoco LP (SUN) concluded trading on Thursday at a closing price of $52.90, with 2.87 million shares of worth about $151.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.16% during that period and on August 08, 2024 the price saw a loss of about -1.54%. Currently the company’s common shares owned by public are about 135.07M shares, out of which, 105.12M shares are available for trading.
Stock saw a price change of -4.20% in past 5 days and over the past one month there was a price change of -5.91%. Year-to-date (YTD), SUN shares are showing a performance of -11.73% which increased to 14.83% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.85 but also hit the highest price of $64.89 during that period. The average intraday trading volume for Sunoco LP shares is 624.12K. The stock is currently trading -5.28% below its 20-day simple moving average (SMA20), while that difference is down -3.46% for SMA50 and it goes to -6.30% lower than SMA200.
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Sunoco LP (NYSE: SUN) currently have 135.07M outstanding shares and institutions hold larger chunk of about 20.69% of that.
The stock has a current market capitalization of $7.15B and its 3Y-monthly beta is at 1.28. PE ratio of stock for trailing 12 months is 6.99, while it has posted earnings per share of $7.56 in the same period. Its PEG reads 0.26 and has Quick Ratio of 0.72 while making debt-to-equity ratio of 1.82. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SUN, volatility over the week remained 3.61% while standing at 2.46% over the month.
Stock’s fiscal year EPS is expected to rise by 58.00% while it is estimated to decrease by -13.89% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on June 18, 2024 offering a Buy rating for the stock and assigned a target price of $65 to it. Coverage by Barclays stated Sunoco LP (SUN) stock as an Overweight in their note to investors on June 10, 2024, suggesting a price target of $61 for the stock. On June 07, 2024, Stifel Upgrade their recommendations, while on June 05, 2024, JP Morgan Resumed their ratings for the stock with a price target of $61. Stock get a Buy rating from Mizuho on June 04, 2024.
