Sunoco LPs in-depth stock price analysis indicates that the stock price has rallied 20.62% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -4.43% . Looking at the past 52 week period, the stock price is up at 18.97% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Sunoco LP has a negative value of -18.84 compared to overall market performance. Sunoco LP (NYSE:SUN) has tumbled 2.84% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 7.77% in the last four weeks. The stocks have underperformed the S&P 500 by 3.63% during the past week but Sunoco LP (NYSE:SUN) it has outperformed the index in 4 weeks by 5.84%.
Sunoco LP (NYSE:SUN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.45 points or 1.54% at $28.72 with 1,056,481 shares getting traded. Post opening the session at $29.36, the shares hit an intraday low of $28.54 and an intraday high of $29.42 and the price was in this range throughout the day. The company has a market cap of $3,216 million and the number of outstanding shares has been calculated to be 111,976,400 shares. The 52-week high of Sunoco LP (NYSE:SUN) is $37.2499 and the 52-week low is $21.01.
Sunoco LP Last issued its quarterly earnings results on Nov 9, 2016. The company reported $0.24 EPS for the quarter, missing the analyst consensus estimate by $ -0.16. Analyst had a consensus of $0.40. The company had revenue of $4137.31 million for the quarter, compared to analysts expectations of $4245.87 million. The companys revenue was down -15.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Sunoco LP was Upgraded by FBR & Co. on Dec 22, 2016 to Outperform, Price Target of the shares are set at $32.Sunoco LP was Upgraded by Credit Suisse to Outperform on Dec 21, 2016. Sunoco LP was Downgraded by BofA/Merrill to Neutral on Dec 19, 2016. Sunoco LP was Downgraded by Citigroup to Sell on Nov 21, 2016.
Company has reported several Insider transactions to the SEC, on Sep 11, 2015, Leta Mckinley (VP & Controller) purchased 780 shares at 36.46 per share price.On Aug 19, 2015, K Rick Turner (director) purchased 3,000 shares at 40.08 per share price.
Sunoco LP operates as a wholesale fuel distributor. It engages in distributing motor fuel to convenience stores, independent dealers, commercial customers and distributors. The Company also operates convenience stores and retail fuel sites. Sunoco LP, formerly known as Susser Petroleum Partners LP, is based in Houston, Texas.