Sunoco Logistics Partners LP (NYSE:ETP) shares traded -1.32% down during most recent session to reach at the closing price of $23.11. The stock exchanged hands 3.36 Million shares versus average trading capacity of 3.7 Million shares, yielding a market cap of $26.98 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $30.93 within the next 52-weeks. The mean target projections are based on 21 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sunoco Logistics Partners LP (NYSE:ETP) high price target of $47 and with a conservative view have low price target of $25.
Credit Suisse “Upgrades” Sunoco Logistics Partners LP (NYSE:ETP) in a research note issued to investors on 5/09/17 to Outperform with price target of $0.
Additionally on 5/09/17 Stifel Nicolaus “Upgrades” Sunoco Logistics Partners LP (NYSE:ETP) to Buy setting price target at $0 and on 5/01/17 Credit Suisse “Downgrades” the stock to Neutral at $0. Furthermore on 11/23/16 BMO Capital “Downgrades” the stock to Market Perform at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 47.33 along with Average True Range (ATR 14) of 0.54, Consequently Sunoco Logistics Partners LP (NYSE:ETP)’s weekly and monthly volatility is 1.99%, 2.70% respectively. The company’s beta value is at 1.02.
In terms of Buy, Sell or Hold recommendations, Sunoco Logistics Partners LP (NYSE:ETP) has analysts’ mean recommendation of 1.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Sunoco Logistics Partners LP (NYSE:ETP)’s minimum EPS for the current quarter is at $0.05 and can go high up to $0.3. The consensus mean EPS for the current quarter is at $0.18 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.34 earnings per share for the same quarter during last year.
Previously Sunoco Logistics Partners LP (NYSE:ETP) reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $-0.14. The company posted an earnings surprise of -60.9%.
While considering growth estimates of the company, it has next quarter growth estimates of 25% whereas during current quarter it has -47.1% estimations over growth, comparing to the estimations of -17.3% during current year and 14.8% for next year. Past 5 years growth of Sunoco Logistics Partners LP (NYSE:ETP) observed at -23.29%, looking forward for the next 5 years it has a strong prediction of 8.69% over growth.
Sunoco Logistics Partners LP (NYSE:ETP)’s revenue estimates for the current quarter are $7.23 Billion according to 6 number of analysts, for the current quarter the company has high revenue estimates of $7.92 Billion in contradiction of low revenue estimates of $6.24 Billion. For the current year the company’s revenue estimates are $30.52 Billion compared to low analyst estimates of $26.82 Billion and high estimates of $34.11 Billion according to 9 number of analysts.
Currently Sunoco Logistics Partners LP (NYSE:ETP)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 21.2%. However the six-month change in the insider ownership was recorded 0.1%, as well as three-month change in the institutional ownership was recorded 1.47%.
Sunoco Logistics Partners LP (NYSE:ETP) 52-week high price stands at $31.49 and low price stands at $21.52, its price distance from 52-week high is -26.61% while its distance from 52-week low price is 7.39%. The stock hit its 52-week high on 08/18/16, and 52-week low on 05/04/17.
Sunoco Logistics Partners LP (NYSE:ETP)’s trailing twelve month revenues are $11.08 Billion, whereas its price to sales ratio for the same period is 2.26. Its book value per share for the most recent quarter is $31.06 while its price to book ratio for the same period is 0.74, as for as the company’s cash per share for the most recent quarter is $0.04, however its price to cash per share ratio for the same period is 658.66. The stock has 5 year expected PEG ratio of 0.64 whereas its trailing twelve month P/E ratio is 10.31.