The master limited partnership's stock has climbed by 6.7% in the past month, exceeding the Oils-Energy sector's loss of 5.24% and the S&P 500's gain of 3.59%. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 7.22% higher. Currently, Sunoco LP is carrying a Zacks Rank of #1 (Strong Buy). For ...

Sunoco LP (SUN) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this master limited partnership reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estima ...

Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. Most Powerful Force Impacting Stock Prices For Sunoco LP, rising earnings estimates and the consequent rating upgrade fundamentally mean an impro ...

About Sunoco LP Contacts SOURCE Sunoco LP A slide presentation that management will reference during these meetings is available on SUN's website at www.sunocolp.com in the Investor Relations section under Webcasts & Presentations. Sunoco LP (NYSE: SUN) is a leading energy infrastructure and fuel distribution master limited partnership operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. The Partnership's midstream operations include an extensive network of approximately 10,000 miles of pipeli ...

A month has gone by since the last earnings report for Sunoco LP (SUN) . Shares have lost about 2.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Sunoco LP due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Sunoco Q1 Earnings Beat Estimates Sunoco LP reported fir ...

DALLAS, June 6, 2024 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("SUN" or the "Partnership") today announced that Sunoco LP and NuStar Energy Partners, L.P. 2023 Schedule K-3s reflecting items of international tax relevance are available online. Unitholders requiring this information may access their Schedule K-3 at www.sunocolp.com in the investor relations section of the website. To receive an electronic copy of your 2023 Schedule K-3 via email, SUN unitholders owning SUN Common Units in 2023 may also call Tax ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Sunoco LP (SUN) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Sunoco LP currently has an average brokerage recommendation ( ...

Sunoco LP (SUN) has witnessed upward earnings estimate revisions for 2024 and 2025 in the past 30 days. The Zacks Consensus Estimate for Sunoco's 2024 and 2025 earnings per share (EPS) is pegged at $5.07 and $4.47. SUN currently has a Zacks Style Score of A for Value and Growth, and B for Momentum. Sunoco operates an extensive network of approximately 9,500 miles of pipeline and more than 100 terminals, serving about 10,000 convenience stores, independent dealers, commercial customers and distributors acros ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights Sunoco (SUN) as a strong value stock based on its financial metrics and Zacks Rank [2][4][7]. Company Summary - Sunoco (SUN) currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4]. - The stock has a P/E ratio of 11.12, which is lower than the industry average of 12.75, suggesting it may be undervalued [4]. - SUN's Forward P/E has fluctuated between 9.34 and 16.32 over the past year, with a median of 12.12, indicating variability in market perception [4]. - The P/S ratio for SUN is 0.23, compared to the industry average of 0.3, further supporting the notion of undervaluation [5]. - SUN's P/CF ratio stands at 6.75, which is attractive relative to the industry's average of 7.51, indicating solid cash flow performance [6]. - Overall, the financial metrics suggest that SUN is likely being undervalued, combined with a strong earnings outlook [7].