For its fourth fiscal quarter (ending September 30), Suburban Propane Partners LP (NYSE: SPH) has reported E.P.S. of $-0.33 compared to $-0.86 a year ago. This performance was $0.11 better than the consensus estimate of $-0.44. E.P.S. were $1.94 for the latest four quarters through September 30 versus $2.21 for the same period a year ago — a decline of -12%.
Recent Price Action
On 11/9/23, Suburban Propane Partners LP (NYSE: SPH) stock declined by -1.4%, closing at $16.52. The stock has been strong relative to the market over the last nine months but has declined -5.0% during the last week.
Current PriceTarget Research Rating
SPH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Suburban Propane Partners has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Suburban Propane Partners has a neutral Appreciation Score of 55 but a good Power Rating of 78, and the Positive Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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