The leading market experts have placed a mean price target of $36.93 on Sunoco LP (NYSE:SUN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.29 a share for the upcoming quarter and $1.74 for the current fiscal.
The technical analysis of Sunoco LP Common Units represen plainly substantiates that the 50-day moving average of Sunoco LP Common Units represen is $30.05, and stock is trading $-0.29 points away or -0.98% from its 50-day moving average of $30.05. Further it is trading $-1.88 or -5.94% away its 200-day moving average of $31.64. Sunoco LP (NYSE:SUN) 52-week high is $41.05 and the 52-week low is $22.86.
This explains if the stock moves $-11.29, it will post a 52-week high. In event of +30.18% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Sunoco LP Common Units represen, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Sunoco LP (NYSE:SUN) ratio came in at 24.99.
The stock last ended the trading session at $29.76 and registered a market cap of $3.33B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Sunoco LP (NYSE:SUN) PEG ratio is at 1.53.
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