The latest trading session saw Sunoco LP (SUN) ending at $51.71, denoting a +1.11% adjustment from its last day's close. This move outpaced the S&P 500's daily loss of 0.05%. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.18%.The master limited partnership's stock has dropped by 5.49% in the past month, exceeding the Oils-Energy sector's loss of 9.67% and lagging the S&P 500's gain of 2.76%.The upcoming earnings release of Sunoco LP will be of great ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? 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 broker ...

Group 1 - Sunoco LP's stock closed at $53.08, reflecting a -0.24% change from the previous day, underperforming compared to the S&P 500's loss of 0.17% [1] - Over the past month, Sunoco LP's stock has increased by 1.31%, outperforming the Oils-Energy sector's gain of 0.85% and the S&P 500's gain of 1.25% [1] Group 2 - Sunoco LP is expected to report an EPS of $1.56, which represents a 47.12% decline from the same quarter last year, with a revenue forecast of $5.97 billion, indicating a 5.58% decrease year-over-year [2] - For the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.29 per share and revenue of $23.72 billion, reflecting increases of +154.52% and +2.82% respectively from the previous year [3] Group 3 - Recent changes in analyst estimates for Sunoco LP are important as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have returned an average of +25% annually since 1988, with Sunoco LP currently holding a Zacks Rank of 3 (Hold) [6] Group 4 - Sunoco LP's Forward P/E ratio is 5.73, which is significantly lower than the industry's average Forward P/E of 18.9, indicating a valuation discount [7] - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which includes Sunoco LP, has a Zacks Industry Rank of 193, placing it in the bottom 24% of over 250 industries [7][8]

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Sunoco LP (SUN) ended the recent trading session at $53.13, demonstrating a +0.08% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.13%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.39%. Heading into today, shares of the master limited partnership had lost 3.16% over the past month, outpacing the Oils-Energy sector's loss of 4.69% and lagging the S&P 500's gain of 2.43% in that time. The investment commu ...

Sunoco LP (NYSE: SUN ) is a midstream oil and gas master limited partnership (MLP) with a broad wholesale and retail fuel distribution network primarily serving convenience stores, dealers, and commercial customers in the US. SUN operates in over 40 US states, Puerto Rico, Europe, and Earnings analysis of individual stocks and macro analysis of broad asset class, sector and country-specific funds to discover trends using a top-down approach. For more content visit my website or follow me on Twitter (@MTSIns ...

Sunoco LP (SUN) is currently considered expensive on a relative basis, with the stock trading at a 17.84x trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which is at a premium compared with the broader industry average of 10.43x. A premium valuation generally indicates that the market has strong confidence in the partnership's prospects. However, this necessitates scrutiny to determine if this higher price is warranted. Zacks Investment Resea ...

The latest trading session saw Sunoco LP (SUN) ending at $53.51, denoting a -0.83% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.7% for the day. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%. Prior to today's trading, shares of the master limited partnership had gained 1.35% over the past month. This has outpaced the Oils-Energy sector's loss of 2.52% and the S&P 500's gain of 1.27% in that time. The investment communi ...

Group 1 - Sunoco LP shares closed slightly higher, with a price increase of 0.4% to $53.50 on Friday [5] - JP Morgan analyst Jeremy Tonet maintained an Overweight rating for Sunoco and raised the price target from $61 to $63 [1] - Sunoco reported quarterly earnings of $3.85 per share, significantly beating the analyst consensus estimate of $1.30 per share [1] - The company also reported quarterly sales of $6.174 billion, exceeding the analyst consensus estimate of $5.822 billion [1] Group 2 - Sunoco has a current dividend yield of 6.55%, translating to a quarterly dividend of 87.56 cents per share, or $3.502 annually [2] - To achieve a monthly dividend income of $500, an investor would need to own approximately 1,713 shares, equating to a total investment of about $91,646 [2] - For a more conservative monthly income goal of $100, an investor would need to acquire 343 shares, requiring an investment of around $18,351 [3] Group 3 - The dividend yield can fluctuate based on changes in the stock price and dividend payments [3][5] - An example illustrates that if a stock's price increases, the dividend yield decreases, and vice versa [4] - Changes in the dividend payment itself can also impact the dividend yield, with increases leading to a higher yield and decreases resulting in a lower yield [5]

Core Viewpoint - Sunoco LP is expected to report a significant decline in earnings per share (EPS) and revenue in the upcoming earnings report, indicating potential challenges ahead for the company [2][3]. Company Performance - Sunoco LP closed at $53.50, reflecting a slight increase of +0.36% from the previous day, which is lower than the S&P 500's gain of 0.54% [1]. - Over the past month, Sunoco LP's shares have increased by 2.32%, outperforming the Oils-Energy sector's decline of 3.91% but lagging behind the S&P 500's increase of 4.86% [1]. Earnings Forecast - The upcoming earnings report is projected to show an EPS of $1.56, representing a decline of 47.12% compared to the same quarter last year [2]. - The Zacks Consensus Estimate for revenue is $5.97 billion, which is a decrease of 5.58% from the previous year [2]. - For the entire year, the forecasted earnings are $9.29 per share and revenue of $23.72 billion, indicating increases of +154.52% and +2.82%, respectively, compared to the previous year [3]. Analyst Estimates - Recent changes to analyst estimates for Sunoco LP are important as they reflect the evolving business landscape, with positive revisions indicating optimism about the company's outlook [4]. - The Zacks Rank system, which assesses these estimate changes, currently ranks Sunoco LP at 3 (Hold) [6]. Valuation Metrics - Sunoco LP has a Forward P/E ratio of 5.74, which is significantly lower than its industry's Forward P/E of 18.71, suggesting a valuation discount [6]. Industry Context - Sunoco LP operates within the Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which has a Zacks Industry Rank of 163, placing it in the bottom 36% of over 250 industries [7].