Currently, there are 136.23M common shares owned by the public and among those 105.02M shares have been available to trade.
The company’s stock has a 5-day price change of 1.15% and 10.47% over the past three months. SUN shares are trading 10.96% year to date (YTD), with the 12-month market performance down to -5.67% lower. It has a 12-month low price of $49.45 and touched a high of $64.89 over the same period. SUN has an average intraday trading volume of 496.30K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.65%, 5.16%, and 6.01% respectively.
Institutional ownership of Sunoco LP (NYSE: SUN) shares accounts for 43.76% of the company’s 136.23M shares outstanding.
It has a market capitalization of $7.76B and a beta (3y monthly) value of 1.34. The stock’s trailing 12-month PE ratio is 8.63, while the earnings-per-share (ttm) stands at $6.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.32% over the week and 2.80% over the month.
Earnings per share for the fiscal year are expected to decrease by -24.72%, and 7.91% over the next financial year. EPS should shrink at an annualized rate of -4.08% over the next five years, compared to 16.36% over the past 5-year period.
Looking at the support for the SUN, a number of firms have released research notes about the stock. Citigroup stated their Buy rating for the stock in a research note on June 18, 2024, with the firm’s price target at $65. Barclays coverage for the Sunoco LP (SUN) stock in a research note released on June 10, 2024 offered a Overweight rating with a price target of $61. Stifel was of a view on June 07, 2024 that the stock is Buy, while JP Morgan gave the stock Overweight rating on June 05, 2024, issuing a price target of $60- $61. Mizuho on their part issued Buy rating on June 04, 2024.
