Q1 2025 Earnings Forecast for Sunoco LP Issued By Zacks Research (NYSE:SUN)

Sunoco LP (NYSE:SUN - Free Report) - Zacks Research increased their Q1 2025 earnings per share estimates for Sunoco in a report released on Wednesday, April 24th. Zacks Research analyst R. Department now anticipates that the oil and gas company will post earnings per share of $1.07 for the quarter, up from their prior estimate of $1.06. The consensus estimate for Sunoco's current full-year earnings is $5.07 per share. Zacks Research also issued estimates for Sunoco's Q2 2025 earnings at $1.07 EPS.

Other research analysts also recently issued research reports about the company. Wells Fargo & Company increased their price target on Sunoco from $60.00 to $61.00 and gave the company an "equal weight" rating in a report on Tuesday, February 20th. JPMorgan Chase & Co. increased their target price on Sunoco from $53.00 to $62.00 and gave the stock a "neutral" rating in a report on Tuesday, March 19th. Citigroup downgraded Sunoco from a "buy" rating to a "neutral" rating and set a $65.00 target price on the stock. in a report on Tuesday, February 27th. Stifel Nicolaus downgraded Sunoco from a "buy" rating to a "hold" rating and set a $62.00 target price on the stock. in a report on Tuesday, February 20th. Finally, StockNews.com cut Sunoco from a "buy" rating to a "hold" rating in a research report on Wednesday, February 14th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $62.71.

Sunoco Stock Up 0.6 %

SUN traded up $0.32 on Friday, reaching $56.64. The company's stock had a trading volume of 523,104 shares, compared to its average volume of 463,351. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 15.56 and a beta of 1.27. Sunoco has a 1 year low of $41.95 and a 1 year high of $64.89. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.40 and a quick ratio of 0.76. The business's 50 day moving average is $59.62 and its 200 day moving average is $57.11.

Sunoco (NYSE:SUN - Get Free Report) last issued its quarterly earnings results on Wednesday, February 14th. The oil and gas company reported ($1.50) EPS for the quarter, missing analysts' consensus estimates of $0.96 by ($2.46). The business had revenue of $5.64 billion during the quarter, compared to analysts' expectations of $5.42 billion. Sunoco had a net margin of 1.71% and a return on equity of 37.91%. The company's revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 EPS.

Institutional Investors Weigh In On Sunoco

Institutional investors have recently added to or reduced their stakes in the stock. AE Wealth Management LLC boosted its holdings in shares of Sunoco by 79.2% in the 3rd quarter. AE Wealth Management LLC now owns 16,688 shares of the oil and gas company's stock worth $817,000 after acquiring an additional 7,374 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of Sunoco by 24.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 64,992 shares of the oil and gas company's stock valued at $3,181,000 after buying an additional 12,768 shares in the last quarter. Counterpoint Mutual Funds LLC increased its position in shares of Sunoco by 23.1% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 2,368 shares of the oil and gas company's stock valued at $116,000 after buying an additional 444 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Sunoco by 25.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 31,697 shares of the oil and gas company's stock valued at $1,552,000 after buying an additional 6,338 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Sunoco by 2.4% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 22,129 shares of the oil and gas company's stock worth $1,083,000 after purchasing an additional 520 shares during the period. 24.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Sunoco

In other news, Director David K. Skidmore bought 1,500 shares of the firm's stock in a transaction that occurred on Wednesday, April 17th. The shares were acquired at an average cost of $52.10 per share, with a total value of $78,150.00. Following the completion of the transaction, the director now directly owns 14,608 shares in the company, valued at $761,076.80. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Sunoco Company Profile

Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. It operates through two segments: Fuel Distribution and Marketing, and All Other. The Fuel Distribution and Marketing segment purchases motor fuel, as well as other petroleum products, such as propane and lubricating oil from independent refiners and oil companies and supplies it to company-operated retail stores, independently operated commission agents, and retail stores, as well as other commercial customers, including unbranded retail stores, other fuel distributors, school districts, municipalities, and other industrial customers.