Alert: New Earnings Report (11/7/23)-CrossAmerica Partners LP (NYSE: CAPL).

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CrossAmerica Partners LP (NYSE: CAPL) has reported E.P.S. of $0.31 for its third fiscal quarter (ending September 30) versus $0.71 for the same period a year ago — a decline of -56%. Relative to the consensus estimate of $0.17, this was a premium of $0.14. For the latest four quarters through September 30, E.P.S. were $1.07 compared to $1.52 a year ago — a decline of -30%.

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Recent Price Action

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On 11/7/23, CrossAmerica Partners LP (NYSE: CAPL) stock suffered a large decline of -4.1%, closing at $21.29. Relative to the market the stock has been strong over the last nine months but has declined -6.2% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed 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 (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CrossAmerica Partners has a very low Appreciation Score of 14 but a good Power Rating of 77, resulting in the Low 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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