Extremely meaningful negative changes in fundamentals have recently occurred for Suburban Propane Partners LP (NYSE: SPH): the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for September, 2025 decreased significantly, and the consensus estimate for September, 2024 decreased significantly.
Suburban Propane Partners LP (NYSE: SPH) has recently experienced meaningful negative changes in investment behavior: the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SPH is expected to continue to be a major Value Builder.
Suburban Propane Partners has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Suburban Propane Partners has a neutral Appreciation Score of 51 and a neutral Power Rating of 44, leading to the Neutral Value Trend Rating.
Recent Price Action
On 8/5/24, Suburban Propane Partners LP (NYSE: SPH) stock suffered a large decline of -5.3%, closing at $17.13. Moreover, trading volume in this decline was exceptionally high at 228% of normal. The stock has performed in line with the market over the last nine months and has declined -8.3% during the last week.
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