Suburban Propane Partners, L.P. (NYSE:SPH) has obtained a mean price target of $33.830 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.770 a share for the near-term quarter and $0.420 for this year.
The technical analysis of Suburban Propane Partners, L.P. clearly shows that the moving average of 50-days of Suburban Propane Partners, L.P. (NYSE:SPH) stock is $34.074, and is trading $0.141 points away or +0.415% from its 50-day moving average of $34.074. Further it is trading $3.283 or +10.614% away its 200-day moving average of $30.932.
The 52-week high of Suburban Propane Partners, L.P. (NYSE:SPH) was $37.730 while $20.930 is the low in the same period. This state Suburban Propane Partners, L.P. shares price has to travel more than $-3.515 to register a new high of 52-weeks or drop +63.473% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Suburban Propane Partners, L.P., investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Suburban Propane Partners, L.P. (NYSE:SPH) ratio came in at 297.522, which was derived by dividing current price of stock by yearly earnings. Suburban Propane Partners, L.P. stock recorded a close of $34.215 in last trading session, reaching a market cap of $2.08B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Suburban Propane Partners, L.P. (NYSE:SPH) PEG ratio is at 806.200.
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