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Sunoco LP (SUN) Stock Sinks As Market Gains: What You Should Know
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In the latest close session, Sunoco LP (SUN - Free Report) was down 1.37% at $72.26. This change lagged the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a loss of 0.07%, and the technology-centric Nasdaq increased by 1.11%.
The master limited partnership's shares have seen a decrease of 5.92% over the last month, not keeping up with the Oils-Energy sector's gain of 4.85% and the S&P 500's gain of 1.46%.
The upcoming earnings release of Sunoco LP will be of great interest to investors. The company's earnings report is expected on November 3, 2026. The company's upcoming EPS is projected at $2.96, signifying a 362.50% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $12.14 billion, up 101.28% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $9.58 per share and revenue of $46.26 billion. These totals would mark changes of +320.18% and +83.57%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Sunoco LP. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Sunoco LP is currently a Zacks Rank #3 (Hold).
In terms of valuation, Sunoco LP is presently being traded at a Forward P/E ratio of 7.65. This expresses a discount compared to the average Forward P/E of 11.01 of its industry.
The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 37, finds itself in the top 16% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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Sunoco LP (SUN) Stock Sinks As Market Gains: What You Should Know
In the latest close session, Sunoco LP (SUN - Free Report) was down 1.37% at $72.26. This change lagged the S&P 500's daily gain of 0.41%. On the other hand, the Dow registered a loss of 0.07%, and the technology-centric Nasdaq increased by 1.11%.
The master limited partnership's shares have seen a decrease of 5.92% over the last month, not keeping up with the Oils-Energy sector's gain of 4.85% and the S&P 500's gain of 1.46%.
The upcoming earnings release of Sunoco LP will be of great interest to investors. The company's earnings report is expected on November 3, 2026. The company's upcoming EPS is projected at $2.96, signifying a 362.50% increase compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $12.14 billion, up 101.28% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $9.58 per share and revenue of $46.26 billion. These totals would mark changes of +320.18% and +83.57%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Sunoco LP. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Sunoco LP is currently a Zacks Rank #3 (Hold).
In terms of valuation, Sunoco LP is presently being traded at a Forward P/E ratio of 7.65. This expresses a discount compared to the average Forward P/E of 11.01 of its industry.
The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 37, finds itself in the top 16% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.