Suburban Propane Partners, L.P. (SPH)

Suburban Propane Partners Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Suburban Propane Partners stock have an average target of 21, with a low estimate of 17 and a high estimate of 25. The average target predicts a decrease of -2.10% from the current stock price of 21.45.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$17	$21	$25	$25
Change	-20.75%	-2.10%	+16.55%	+16.55%

* Price targets were last updated on Aug 30, 2024.

Analyst Ratings

The average analyst rating for Suburban Propane Partners stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	2	2	2	2	2	1
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ned Baramov Wells Fargo	Wells Fargo	Hold → Sell Downgrades $17	Hold → Sell	Downgrades	$17	-20.75%	Aug 30, 2024
David Coleman Argus Research	Argus Research	Strong Buy Maintains $24 → $25	Strong Buy	Maintains	$24 → $25	+16.55%	Jun 10, 2024
Gabriel Moreen Mizuho	Mizuho	Hold → Sell Downgrades $16 → $17	Hold → Sell	Downgrades	$16 → $17	-20.75%	Jan 29, 2024
Gabriel Moreen Mizuho	Mizuho	Hold Maintains $17 → $16	Hold	Maintains	$17 → $16	-25.41%	Jun 29, 2023
Gabriel Moreen Mizuho	Mizuho	Hold Initiates $17	Hold	Initiates	$17	-20.75%	Apr 26, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

1.43B

Increased by 7.60%

from 1.33B

Revenue Next Year

1.47B

Increased by 3.01%

from 1.43B

EPS This Year

1.63

Increased by 42.64%

from 1.14

EPS Next Year

1.77

Increased by 8.70%

from 1.63

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Sep 26, 2020	Sep 25, 2021	Sep 24, 2022	Sep 30, 2023	Sep 28, 2024	Sep 30, 2025	Sep 30, 2026	Sep 30, 2027
Revenue	1.11B	1.29B	1.50B	1.43B	1.33B	1.43B	1.47B	1.48B
Revenue Growth	-12.61%	16.32%	16.51%	-4.81%	-7.14%	7.60%	3.01%	0.88%
EPS	0.97	1.94	2.18	1.92	1.14	1.63	1.77	2.14
EPS Growth	-11.82%	100.00%	12.37%	-11.93%	-40.63%	42.64%	8.70%	21.14%
Forward PE	-	-	-	-	-	13.19	12.14	10.02
No. Analysts	-	-	-	-	-	3	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.5B	1.5B	1.5B
Avg	1.4B	1.5B	1.5B
Low	1.4B	1.4B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	11.9%	7.1%	4.8%
Avg	7.6%	3.0%	0.9%
Low	4.4%	-0.1%	-2.1%

EPS Forecast

EPS	2025	2026	2027
High	2.17	2.31	2.23
Avg	1.63	1.77	2.14
Low	1.13	1.27	2.08

EPS Growth

EPS Growth	2025	2026	2027
High	90.7%	42.1%	25.9%
Avg	42.6%	8.7%	21.1%
Low	-1.1%	-21.7%	17.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.