Analysts' ratings for Sunoco SUN over the last quarter vary from bullish to bearish, as provided by 6 analysts.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 2 | 3 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 1 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 2 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have recently evaluated Sunoco and provided 12-month price targets. The average target is $61.83, accompanied by a high estimate of $65.00 and a low estimate of $55.00. Surpassing the previous average price target of $56.00, the current average has increased by 10.41%.
Deciphering Analyst Ratings: An In-Depth Analysis
In examining recent analyst actions, we gain insights into how financial experts perceive Sunoco. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Selman Akyol | Stifel | Maintains | Hold | $62.00 | $62.00 |
Spiro Dounis | Citigroup | Raises | Buy | $65.00 | $54.00 |
Justin Jenkins | Raymond James | Raises | Outperform | $65.00 | $55.00 |
Gabriel Moreen | Mizuho | Raises | Neutral | $60.00 | $55.00 |
Theresa Chen | Barclays | Raises | Overweight | $64.00 | $57.00 |
Gabriel Moreen | Mizuho | Raises | Neutral | $55.00 | $53.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sunoco. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Sunoco compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Sunoco's stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sunoco's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Sunoco analyst ratings.
Get to Know Sunoco Better
Sunoco LP engages in the business of manufacturing and marketing racing fuels which is the official fuel of NASCAR. is a growth-oriented master limited partnership (MLP) that operates as a wholesale and retail fuel distributor in the United States. The firm operates through the Fuel Distribution and Marketing segment. It distributes motor fuel to convenience stores, dealers, commercial customers in various states. The operating convenience stores are under APlus, Stripes, Aloha Island Mart, and Tigermarket brands.
Sunoco: Financial Performance Dissected
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Decline in Revenue: Over the 3 months period, Sunoco faced challenges, resulting in a decline of approximately -4.68% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Sunoco's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -2.23%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Sunoco's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -11.68%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -1.78%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Sunoco's debt-to-equity ratio surpasses industry norms, standing at 4.21. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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