This represents a $1.30 dividend on an annualized basis and a dividend yield of 7.97%. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.
- Suburban Propane Partners LP’s cash-to-debt ratio is 0.01, ranking worse than 95.26% of 485 companies in the Utilities – Regulated industry.
- The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
- To find out the high-quality companies that may deliver above-average returns, please check out GuruFocus High Quality Low Capex Screener.
- It primarily serves customers in the East Coast and West Coast regions of the United States.
- Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC.
Conversely, if it is significantly below the GF Value Line, it suggests undervaluation and likely higher future returns. Based on this method, Suburban Propane Partners LP’s stock appears to be fairly valued at its current price of $16.15 per share. Thus, the long-term return of its stock is likely to be close to the rate of its business growth. According to 2 analysts, the average rating for SPH stock is “Hold.” The 12-month stock price forecast is $16.5, which is an increase of 1.10% from the latest price.
Suburban Propane Partners’ stock is owned by a number of institutional and retail investors. Top institutional shareholders include SG Americas Securities LLC (0.03%) and AdvisorNet Financial Inc (0.01%). Insiders that own company stock include Douglas Brinkworth, Harold R Logan Jr, Jane Swift and Michael A Schueler. 30 employees have rated Suburban Propane Partners Chief Executive Officer Michael A. Stivala on Glassdoor.com. Michael A. Stivala has an approval rating of 36% among the company’s employees.
None of these entities provide legal, tax, or accounting advice. In the first seven months of 2023, U.S. dry natural gas production surged by 3%, registering an average daily output of 103.0 billion cubic feet (bcfd), as reported price action trading strategies for forex traders by the EIA’s Natural Gas Monthly. This marked a notable increase from the preceding year’s annual average of 99.6 Bcf/d. 2 equities research analysts have issued 12 month target prices for Suburban Propane Partners’ stock.
Price and EPS Surprise Chart
Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news. Analysts expect SPH’s revenue to grow 1.5% year-over-year to $1.46 billion for the fiscal year ending September 2024. Likewise, the company’s EPS for the next fiscal year is estimated to come in at $2.44, indicating a 33.6% year-over-year improvement. The stock has gained 11.9% over the past month, closing the last trading session at $16.29. The consensus revenue estimate of $1.33 billion for the fiscal year ending December 2023 reflects a 3.9% year-over-year improvement. Likewise, the consensus EPS estimate of $2.10 reflects a 4.5% rise from the prior year.
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- HESM shares were trading at $29.08 per share on Monday afternoon, up $0.61 (+2.14%).
- Please see Open to the Public Investing’s Fee Schedule to learn more.
- An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
- Crashing share prices have left them with big dividends…for now.
- The monthly returns are then compounded to arrive at the annual return.
This comparison sets the stage for a deeper exploration of the company’s value. SPH operates through three segments, Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. The company specializes in retail distribution, providing propane, fuel oil, diesel, kerosene, and gasoline. Additionally, top 5 most accurate intraday trading indicators it markets natural gas and electricity to its customers. All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions.
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Additionally, the agency foresees a rise in domestic gas consumption, reaching 89.72 bcfd in 2023 from a record 88.56 bcfd in 2022. Liquefied Natural Gas (LNG) exports will increase to 11.60 bcfd in 2023 and 13.15 bcfd in 2024, up from 10.59 bcfd in 2022. To find out the high-quality companies that may deliver above-average returns, please check out GuruFocus High Quality Low Capex Screener.
More Hess Midstream Partners LP Common Limited Partner Interests (HESM) News
Their SPH share price forecasts range from $16.00 to $17.00. On average, they predict the company’s share price to reach $16.50 in the next year. This suggests a possible upside of 1.1% from the stock’s current price.
Conversely, if a company’s revenue and earnings are declining, the value of the company will decrease. Suburban Propane Partners LP’s 3-year average revenue growth rate is worse than 64.81% of 486 companies in the Utilities – Regulated industry. Its 3-year average EBITDA growth rate is -1.8%, ranking worse than 70.37% of 459 companies in the Utilities – Regulated industry. Investing in companies with low financial strength can result in permanent capital loss. Therefore, it’s crucial to carefully review a company’s financial strength before deciding to buy shares.
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
Earnings and Valuation
The stock has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. SPH earnings call for the period ending December 26, 2020. SPH earnings call for the period ending September 25, 2021. SPH earnings call for the period ending December 29, 2018.
View analysts price targets for SPH or view top-rated stocks among Wall Street analysts. 2 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Suburban Propane Partners in the last twelve months. The consensus among Wall Street equities research analysts is that investors should “hold” SPH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPH, but not buy additional shares or sell existing shares.
SAN FRANCISCO (MarketWatch) — Among the companies whose shares are likely to see active trading during Thursday’s session are BEA Systems, Agilent Technologies, JC Penney, and Starbucks. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. The most recent change in the company’s dividend was an increase of $0.0250 on Friday, July 23, 2021. 43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead. Click here to access the additional SPH ratings (Growth, Value, Momentum, and Stability). It has ranked #13 out of 89 stocks within the Energy – Oil & Gas industry.
The quarterly cash dividend was payable on August 8, 2023 to stockholders of record on July 31, 2023. Click here to access additional PBF ratings for Growth, Momentum, Stability, and Sentiment. In terms of forward non-GAAP P/E, PBF is trading at 3.88x, 60.6% lower than the industry average of 9.85x. Furthermore, its forward EV/EBITDA multiple of 2.49 is 55.7% lower than the 5.61 industry average. Additionally, the stock’s forward Price/Sales of 0.15x compares with the industry average of 1.48x.
Overview Of Value Stocks In The Utilities Sector
It primarily serves customers in the East Coast and West Coast regions of the United States. The company also partakes in natural gas and electricity marketing in the deregulated markets of New York and Pennsylvania. The stock price of Suburban Propane Partners LP stands at $16.15, while its GF Value, an estimation of fair value, is $16.79.