On May, 3 Analysts See $0.46 EPS for Sunoco LP (SUN)

April 16, 2018 - By Charla Downs

During Q4 2017 the big money sentiment increased to 1.02. That’s change of 0.18, from 2017Q3’s 0.84. 19 investors sold all, 26 reduced holdings as Sunoco LP ratio increased. 19 grew holdings while 27 funds acquired holdings. Funds hold 28.81 million shares thus 1.64% less from 2017Q3’s 29.29 million shares.
Moreover, Wellington Shields Capital Mngmt Ltd has 0.12% invested in Sunoco LP (NYSE:SUN) for 26,600 shs. Atria Ltd Liability Corporation reported 7,169 shs. Gradient Investments Limited Com owns 923 shs or 0% of their US capital. Solaris Asset Management Llc holds 700 shs. Envestnet Asset Mgmt has invested 0% in Sunoco LP (NYSE:SUN). Group One Trading L P has invested 0% in Sunoco LP (NYSE:SUN). Moreover, Spirit Of America Ny has 0.67% invested in Sunoco LP (NYSE:SUN) for 213,729 shs. Barclays Public Ltd Liability Corp owns 19,028 shs or 0% of their US capital. Farmers Comml Bank has 0.02% invested in Sunoco LP (NYSE:SUN) for 500 shs. Horizon Kinetics Ltd Liability Corporation reported 21,479 shs stake. Texas Yale Cap Corp accumulated 17,000 shs. Duff And Phelps Invest Com reported 758,000 shs. Ameriprise Finance holds 0% of its capital in Sunoco LP (NYSE:SUN) for 7,692 shs. Regions Fincl Corporation owns 300 shs. Lpl Financial Limited Liability holds 17,740 shs or 0% of its capital.

Sunoco LP (NYSE:SUN)’s quarterly earnings will be reported On May, 3., as reported by Faxor. Analysts forecast $0.46 EPS. That’s $0.68 up or 309.09 % from 2017’s earnings of $-0.22. If SUN’s EPS is $0.46 the profit will hit $37.94 million for 15.11 P/E. The stock increased 1.22% or $0.34 during the last trading session, reaching $27.81.Sunoco LP has volume of 56,150 shares. Since April 16, 2017 SUN has risen 8.23% and is uptrending. SUN underperformed the S&P 500 by 3.32%.

Sunoco LP (NYSE:SUN) Ratings Coverage

Total analysts of 13 have positions in Sunoco LP (NYSE:SUN) as follows: 4 rated it a “Buy”, 3 with “Sell” and 6 with “Hold”. The positive are 31%. Since November 8, 2017 according to StockzIntelligence Inc Sunoco LP has 15 analyst reports. On Wednesday, December 20 the firm has “Hold” rating by Jefferies given. On Thursday, November 9 the firm has “Underweight” rating given by Mitsubishi UFJ. On Tuesday, December 19 the stock has “Neutral” rating by B. Riley & Co. On Friday, March 2 the stock of Sunoco LP (NYSE:SUN) earned “Neutral” rating by UBS. On Tuesday, March 27 the firm earned “Neutral” rating by Citigroup. On Wednesday, March 14 the stock has “Sell” rating by Goldman Sachs. In Wednesday, April 4 report Barclays Capital maintained it with “Overweight” rating and $34 target. The stock rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16. On Wednesday, November 8 the stock has “Sell” rating by MUFG Securities Americas Inc. In Tuesday, January 9 report J.P. Morgan upgraded the stock to “Buy” rating.

Sunoco LP, together with its subsidiaries, engages in the wholesale distribution and retail sale of motor fuels primarily in the United States.The company has $2.29 billion market cap. The firm operates through two divisions, Wholesale and Retail.80.59 is the P/E ratio. It serves convenience stores and consignment locations, contracted independent convenience store operators, and other commercial customers.

Sunoco LP (NYSE:SUN) Analyst Ratings Chart

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