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NYSE:SPH

Suburban Propane Partners (SPH) Stock Price, News & Analysis

Suburban Propane Partners logo
$17.83 -0.17 (-0.94%)
(As of 11/20/2024 ET)

About Suburban Propane Partners Stock (NYSE:SPH)

Key Stats

Today's Range
$17.60
$17.98
50-Day Range
$17.07
$18.96
52-Week Range
$15.20
$22.33
Volume
197,897 shs
Average Volume
181,339 shs
Market Capitalization
$1.14 billion
P/E Ratio
15.64
Dividend Yield
7.29%
Price Target
$19.67
Consensus Rating
Reduce

Company Overview

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, fuel oil, and refined fuels in the United States. The company operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane for space heating, water heating, cooking, and clothes drying for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces as a cutting gas to the industrial customers; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. It also engages in the wholesale distribution of propane to industrial end users. Its Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use in primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. The company serves residential, commercial, industrial, and agricultural customers primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Propane Partners, L.P. was founded in 1945 and is based in Whippany, New Jersey.

Suburban Propane Partners Stock Analysis - MarketRank™

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25th Percentile Overall Score

SPH MarketRank™: 

Suburban Propane Partners scored higher than 25% of companies evaluated by MarketBeat, and ranked 246th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Suburban Propane Partners has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on 1 buy rating, no hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Suburban Propane Partners has only been the subject of 1 research reports in the past 90 days.

  • Read more about Suburban Propane Partners' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Suburban Propane Partners is 15.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Suburban Propane Partners is 15.64, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.29.

  • Price to Book Value per Share Ratio

    Suburban Propane Partners has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.35% of the float of Suburban Propane Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    Suburban Propane Partners has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in Suburban Propane Partners has recently increased by 1.42%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Suburban Propane Partners is a leading dividend payer. It pays a dividend yield of 7.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Suburban Propane Partners is 114.04%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Suburban Propane Partners' dividend.
  • Percentage of Shares Shorted

    1.35% of the float of Suburban Propane Partners has been sold short.
  • Short Interest Ratio / Days to Cover

    Suburban Propane Partners has a short interest ratio ("days to cover") of 5.2.
  • Change versus previous month

    Short interest in Suburban Propane Partners has recently increased by 1.42%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Suburban Propane Partners has a news sentiment score of 0.19. 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 0.66 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Suburban Propane Partners this week, compared to 2 articles on an average week.
  • Search Interest

    11 people have searched for SPH on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Suburban Propane Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $93,041.00 in company stock.

  • Percentage Held by Insiders

    Only 1.30% of the stock of Suburban Propane Partners is held by insiders.

  • Percentage Held by Institutions

    Only 30.94% of the stock of Suburban Propane Partners is held by institutions.

  • Read more about Suburban Propane Partners' insider trading history.
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SPH Stock News Headlines

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SPH Stock Analysis - Frequently Asked Questions

Suburban Propane Partners' stock was trading at $17.76 at the beginning of the year. Since then, SPH stock has increased by 0.4% and is now trading at $17.83.
View the best growth stocks for 2024 here
.

Suburban Propane Partners, L.P. (NYSE:SPH) posted its quarterly earnings data on Thursday, August, 8th. The energy company reported ($0.27) earnings per share for the quarter, missing analysts' consensus estimates of ($0.17) by $0.10. The energy company had revenue of $254.61 million for the quarter. Suburban Propane Partners had a trailing twelve-month return on equity of 12.36% and a net margin of 5.59%.

Top institutional investors of Suburban Propane Partners include BNP Paribas Financial Markets (0.14%), Janney Montgomery Scott LLC (0.08%), Creative Planning (0.04%) and Stifel Financial Corp (0.04%). Insiders that own company stock include Michael A Stivala, Douglas Brinkworth, Neil Scanlon, Nandini Sankara, Michael A Schueler, Harold R Logan Jr, Samuel Hodges and Craig Palleschi.
View institutional ownership trends
.

Shares of SPH 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Suburban Propane Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), NVIDIA (NVDA), Meta Platforms (META), Pfizer (PFE), Exxon Mobil (XOM) and AT&T (T).

Company Calendar

Last Earnings
8/08/2024
Ex-Dividend for 11/12 Dividend
11/05/2024
Dividend Payable
11/12/2024
Today
11/21/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Miscellaneous retail
Sub-Industry
N/A
Employees
3,240
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.67
High Stock Price Target
$25.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+10.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$74.17 million
Pretax Margin
7.34%

Debt

Sales & Book Value

Annual Sales
$1.33 billion
Cash Flow
$2.97 per share
Book Value
$8.60 per share

Miscellaneous

Free Float
62,726,000
Market Cap
$1.14 billion
Optionable
Optionable
Beta
0.43

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This page (NYSE:SPH) was last updated on 11/21/2024 by MarketBeat.com Staff
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