CrossAmerica Partners (CAPL) Stock Price, News & Analysis

Company Overview

CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites. The Retail segment is involved in the sale of convenience merchandise items; and retail sale of motor fuels at company operated retail sites and retail sites operated by commission agents. CrossAmerica GP LLC operates as the general partner of the company. The company was formerly known as Lehigh Gas Partners LP and changed its name to CrossAmerica Partners LP in October 2014. The company was founded in 1992 and is based in Allentown, Pennsylvania.

Key Stats

• Today's Range: $20.05 to $20.25
• 50-Day Range: $19.55 to $21.97
• 52-Week Range: $18.43 to $24.19
• Volume: 15,016 shs
• Average Volume: 36,997 shs
• Market Capitalization: $766.71 million
• P/E Ratio: 38.75
• Dividend Yield: 10.42%
• Price Target: N/A
• Consensus Rating: N/A

CrossAmerica Partners Stock Analysis - MarketRank™

CrossAmerica Partners scored higher than 23% of companies evaluated by MarketBeat, and ranked 240th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for CrossAmerica Partners.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -47.62%

Earnings Growth

Earnings for CrossAmerica Partners are expected to decrease by -47.62% in the coming year, from $0.42 to $0.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of CrossAmerica Partners is 38.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of CrossAmerica Partners is 38.75, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 11.18.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.49% of the float of CrossAmerica Partners has been sold short.

Short Interest Ratio / Days to Cover

CrossAmerica Partners has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CrossAmerica Partners has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

CrossAmerica Partners is a leading dividend payer. It pays a dividend yield of 10.42%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

CrossAmerica Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of CrossAmerica Partners is 403.85%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, CrossAmerica Partners will have a dividend payout ratio of 954.55% in the coming year. This indicates that CrossAmerica Partners may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.49% of the float of CrossAmerica Partners has been sold short.

Short Interest Ratio / Days to Cover

CrossAmerica Partners has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in CrossAmerica Partners has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.29

News Sentiment

CrossAmerica Partners has a news sentiment score of -0.29. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for CrossAmerica Partners this week, compared to 1 article on an average week.

Search Interest

7 people have searched for CAPL on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added CrossAmerica Partners to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, CrossAmerica Partners insiders have not sold or bought any company stock.

Percentage Held by Insiders

52.00% of the stock of CrossAmerica Partners is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.06% of the stock of CrossAmerica Partners is held by institutions.

CAPL Stock Analysis - Frequently Asked Questions

How have CAPL shares performed this year?

CrossAmerica Partners' stock was trading at $22.80 at the beginning of 2024. Since then, CAPL shares have decreased by 11.6% and is now trading at $20.15.
View the best growth stocks for 2024 here.

How were CrossAmerica Partners' earnings last quarter?

CrossAmerica Partners LP (NYSE:CAPL) issued its quarterly earnings data on Wednesday, November, 6th. The oil and gas company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The oil and gas company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.28 billion. CrossAmerica Partners had a negative trailing twelve-month return on equity of 104.40% and a net margin of 0.50%.

Who are CrossAmerica Partners' major shareholders?

Top institutional shareholders of CrossAmerica Partners include GSA Capital Partners LLP (0.10%), BNP Paribas Financial Markets (0.08%) and Thrivent Financial for Lutherans (0.07%). Insiders that own company stock include Joseph V Jr Topper, Justin A Gannon and Thomas E Kelso.
View institutional ownership trends.

How do I buy shares of CrossAmerica Partners?

Shares of CAPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CrossAmerica Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CrossAmerica Partners investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF), Jabil (JBL) and Disc Medicine (IRON).

Company Calendar

• Ex-Dividend for 11/13 Dividend: 11/04/2024
• Last Earnings: 11/06/2024
• Dividend Payable: 11/13/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/24/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Petroleum products, not elsewhere classified
• Sub-Industry: Wholesale
• Current Symbol: NYSE:CAPL
• Previous Symbol: NYSE:LGP
• CUSIP: N/A
• CIK: 1538849
• Web: www.crossamericapartners.com
• Phone: (610) 625-8000
• Fax: 610-776-6270
• Employees: 2,220
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.52
• Trailing P/E Ratio: 38.75
• Forward P/E Ratio: 47.98
• P/E Growth: N/A
• Net Income: $42.59 million
• Net Margins: 0.50%
• Pretax Margin: 0.49%
• Return on Equity: -104.40%
• Return on Assets: 2.77%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.73
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $4.39 billion
• Price / Sales: 0.17
• Cash Flow: $3.24 per share
• Price / Cash Flow: 6.22
• Book Value: ($1.55) per share
• Price / Book: -13.00

Miscellaneous

• Outstanding Shares: 38,050,000
• Free Float: 18,263,000
• Market Cap: $766.71 million
• Optionable: Optionable
• Beta: 1.50