For its second fiscal quarter (ending June 30), CrossAmerica Partners LP (NYSE: CAPL) has reported a -16% decline in E.P.S. from $0.37 a year ago to $0.31 in the current quarter. For the latest four quarters through June 30, E.P.S. were $0.56 compared to $1.48 a year ago — a decline of -62%.
Recent Price Action
CrossAmerica Partners LP (NYSE: CAPL) stock increased 1.3% on 8/7/24. The shares closed at $19.21. However, this advance was accompanied by unusually low trading volume at 51% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, CAPL is expected to continue to be a major Value Builder.
CrossAmerica Partners has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CrossAmerica Partners has a very high Appreciation Score of 90 but a poor Power Rating of 19, with the Neutral Value Trend Rating the result.
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.
Be the first to comment