Stock To Watch: Sunoco LP (NYSE:SUN)


The leading market experts have placed a mean price target of $40.40 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 $0.62 a share for the upcoming quarter and $1.98 for the current fiscal. Technical View The technical analysis of Sunoco LP Common Units represen plainly substantiates that the 50-day moving average of Sunoco LP Common Units represen is $31.93, and stock is hovering -1.13 or -3.54% distant from $31.93. It is noted that the 200-day MA is $32.83, and Sunoco LP Common Units represen stock is $-2.03 or -6.18% off from this point. Sunoco LP (NYSE:SUN) 52-week high is $46.08 and the 52-week low is $22.86. This explains if the stock moves $-15.28, it will post a 52-week high. In event of $+34.73% points 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 30.34. The stock last ended the trading session at $30.80 and registered a market cap of $3.44B. 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 1.22.

1 Chart Pattern Every Investor Should Know

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