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CrossAmerica Partners (CAPL) Stock Sinks As Market Gains: What You Should Know

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CrossAmerica Partners (CAPL - Free Report) closed the most recent trading day at $18.53, moving -0.38% from the previous trading session. This move lagged the S&P 500's daily gain of 0.66%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 0.46%.

Heading into today, shares of the wholesale fuels distributor had gained 4.97% over the past month, outpacing the Oils-Energy sector's gain of 3.24% and the S&P 500's gain of 3.97% in that time.

Wall Street will be looking for positivity from CAPL as it approaches its next earnings report date. On that day, CAPL is projected to report earnings of $0.13 per share, which would represent year-over-year growth of 316.67%. Our most recent consensus estimate is calling for quarterly revenue of $636.10 million, up 14.7% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.72 per share and revenue of $2.53 billion, which would represent changes of +554.55% and +3.46%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for CAPL. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable 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. The Zacks Consensus EPS estimate remained stagnant within the past month. CAPL is holding a Zacks Rank of #1 (Strong Buy) right now.

Digging into valuation, CAPL currently has a Forward P/E ratio of 25.95. This valuation marks a premium compared to its industry's average Forward P/E of 14.73.

We can also see that CAPL currently has a PEG ratio of 6.33. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Oil and Gas - Refining and Marketing - Master Limited Partnerships stocks are, on average, holding a PEG ratio of 2.74 based on yesterday's closing prices.

The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 25, which puts it in the top 10% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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