Suburban Propane Partners, L.P. (SPH)
NYSE: SPH · IEX Real-Time Price · USD
19.12
-0.18 (-0.93%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Suburban Propane Partners Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SPH stock have an average target of 21, with a low estimate of 17 and a high estimate of 25. The average target predicts an increase of 9.83% from the current stock price of 19.12.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SPH 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $24 → $25 | Strong Buy | Maintains | $24 → $25 | +30.75% | Jun 10, 2024 |
| Mizuho | Mizuho | Hold → Sell Downgrades $16 → $17 | Hold → Sell | Downgrades | $16 → $17 | -11.09% | Jan 29, 2024 |
| Mizuho | Mizuho | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | -16.32% | Jun 29, 2023 |
| Mizuho | Mizuho | Hold Initiates $17 | Hold | Initiates | $17 | -11.09% | Apr 26, 2023 |
| Wells Fargo | Wells Fargo | Hold Maintains $18 → $17 | Hold | Maintains | $18 → $17 | -11.09% | Nov 17, 2022 |
Financial Forecast
Revenue This Year
1.34B
from 1.43B
Decreased by -6.24%
Revenue Next Year
1.29B
from 1.34B
Decreased by -3.58%
EPS This Year
1.78
from 1.92
Decreased by -7.24%
EPS Next Year
2.36
from 1.78
Increased by 32.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.5B | 1.5B |
| Avg | 1.3B | 1.3B | 1.5B |
| Low | 1.2B | 1.1B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2% | 14.0% | 19.9% |
| Avg | -6.2% | -3.6% | 15.3% |
| Low | -13.3% | -19.3% | 11.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.15 | 2.67 | 3.10 |
| Avg | 1.78 | 2.36 | 2.58 |
| Low | 1.38 | 2.17 | 2.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.1% | 49.8% | 31.4% |
| Avg | -7.2% | 32.3% | 9.3% |
| Low | -28.0% | 21.6% | -10.6% |
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.