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Sunoco LP (SUN) Stock Drops Despite Market Gains: Important Facts to Note

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Sunoco LP (SUN - Free Report) closed the most recent trading day at $56.92, moving -1.15% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.54%. Meanwhile, the Dow experienced a rise of 1.05%, and the technology-dominated Nasdaq saw an increase of 0.56%.

The master limited partnership's shares have seen an increase of 9.2% over the last month, not keeping up with the Oils-Energy sector's gain of 10.35% and outstripping the S&P 500's gain of 0.74%.

Market participants will be closely following the financial results of Sunoco LP in its upcoming release. The company plans to announce its earnings on February 17, 2026. In that report, analysts expect Sunoco LP to post earnings of $1.43 per share. This would mark year-over-year growth of 90.67%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.41 billion, up 78.55% from the year-ago period.

SUN's full-year Zacks Consensus Estimates are calling for earnings of $4.97 per share and revenue of $25.74 billion. These results would represent year-over-year changes of -17.17% and 0%, respectively.

It is also important to note the recent changes to analyst estimates for Sunoco LP. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.82% increase. At present, Sunoco LP boasts a Zacks Rank of #2 (Buy).

Looking at its valuation, Sunoco LP is holding a Forward P/E ratio of 9.94. This signifies a discount in comparison to the average Forward P/E of 16.4 for its industry.

The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 54, this industry ranks in the top 23% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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