Sunoco LP (SUN) Rises As Market Takes a Dip: Key Facts

The most recent trading session ended with Sunoco LP (SUN) standing at $51.44, reflecting a +0.7% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 1.11%. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, lost 1.49%.The master limited partnership's shares have seen a decrease of 6.5% over the last month, surpassing the Oils-Energy sector's loss of 8.07% and falling behind the S&P 500's gain of 0.4%.Investors will be eagerly watching for the performance of Sunoco LP in its upcoming earnings disclosure. The company is predicted to post an EPS of $2.56, indicating a 270.67% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $5.69 billion, indicating a 0.91% growth compared to the corresponding quarter of the prior year.Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $9.74 per share and revenue of $22.94 billion, indicating changes of +166.85% and -0.55%, respectively, compared to the previous year.Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sunoco LP. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.98% lower. Currently, Sunoco LP is carrying a Zacks Rank of #3 (Hold).In terms of valuation, Sunoco LP is currently trading at a Forward P/E ratio of 5.24. This indicates a discount in contrast to its industry's Forward P/E of 25.5.The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 222, positioning it in the bottom 12% of all 250+ industries.The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sunoco LP (SUN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks