Alert: New Earnings Report (7/31/24)-SunCoke Energy Inc (NYSE: SXC).

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SunCoke Energy Inc (NYSE: SXC) has reported E.P.S. of $0.25 for its second fiscal quarter (ending June 30) versus $0.24 for the same period a year ago. E.P.S. were $0.73 for the latest four quarters through June 30 versus $1.06 for the same period a year ago.

Recent Price Action

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SunCoke Energy Inc (NYSE: SXC) stock enjoyed a very large increase of 7.6% on 7/31/24. The shares closed at $11.70. Moreover, this advance was accompanied by exceptionally high trading volume at 296% of normal. The stock has risen 5.2% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

SXC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

SunCoke Energy has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. SunCoke Energy has a neutral Appreciation Score of 51 and a neutral Power Rating of 53, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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