Sunoco LP (NYSE:SUN) went up by 2.96% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Oil & Gas Refining & Marketing giant went up by $26.47 to trade ended Tuesday trading at $25.71. This is up from the $25.71 price recorded on Monday’s trading session. Thanks to this latest performance, SUN is closer to the higher price 52-week target of $31.00 and further from the lowest price target of $19.00. Its performance from the start of the year has also been negative, with SUN down by -13.50% year-to-date.
Sunoco LP (SUN) started the day trading at $26.5 and recorded an intraday high of $27.04. It also recorded an intraday low of $25.88 during Tuesday’s trading session. Sunoco LP is a very active stock that recorded a trading volume that is less than -130.67% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 397644, which is less than -130.67 of the total average daily trading volume of 917.26K.
Sunoco LP (NYSE:SUN) 2020 Performance Impressive
The increase in SUN’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SUN currently stands at $34.09, which is higher than the current trading price of the stock by 22.35%. However, SUN’s current trading price is -153.06% lower than the 52-week low price of $10.46. In terms of trading volume, Sunoco LP currently experienced healthy participation during the last trading session. 397644 shares of Sunoco LP were traded on the stock exchange on Tuesday, which is less than -130.67% of the 917.26K average trading volume of the stock.
The performance of the stock has been positive over the past year. SUN’s performance over the past one year has seen it plunge by -14.42%, while the stock has gone down by -13.72% in the last six months. The quarterly performance of SUN currently stands at 72.67%, and it is up by 11.83% in the last month. The only negative figure was from the weekly performance, which currently reads -1.05%. At the time of writing SUN’s report, the company has a total market cap of $2.14B, making it one of the largest publicly-traded companies in the world.Sunoco LP also has over 2909 employees all over the world.
SUN Insider Activities
For Sunoco LP, insiders hold 51.10% of all company shares. The insider transactions over the past six months are up by 1.00%. During that period, insiders bought 51,240 shares in 14 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Sunoco LP now hold 28.84M shares, which is over 33.51% of the total company stocks. Institutional investors currently hold a large chunk of the SUN shares, as they control 34.73% of the company’s total stock.
SUN Fundamental Analysis
For Sunoco LP, the stock’s diluted earnings per share (EPS) stands at -0.04. In the coming year, analysts expect the EPS to be 3.06. The EPS growth will slow down over the next five years to -6.74% after surging by 12.50% in the previous five years. In terms of revenue, Sunoco LP’s quarterly sales (YOY) is growing at 0.41, which is lower than the average annual revenue of 12.50% over the past half a decade.
The Return on Investment (ROI) on Sunoco LP’s stock currently stands at 12.60%, and it has a net profit margin of 0.00%. The operating margin of the company is 1.40%, and its gross margin is 5.90%.
SUN Analysts Prediction
The Jefferies also has a Buy rating for Sunoco LP, predicting the stock price to stay between $33 and $25.
Analysts at Barclays believe that SUN is Equal Weight, and they have a price target of between $34 and $32. SUN received a positive rating from Robert W. Baird, which set a price target of $34-$30 for the stock.
At the moment, Sunoco LP’s Total Debt to Equity ratio stands at 5.81, and they have a long-term Debt to Equity ratio of 5.79.
SUN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SUN currently stands at 3.30%, while the SMA50 is 14.43%. The biggest one is the SMA200, which is currently reading -4.71% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 59.69.