Suburban Propane Partners, L.P. (SPH)

Suburban Propane Partners Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Suburban Propane Partners stock has a target of 17, which predicts a -6.9% decrease from the current stock price of 18.26.

Price Target: $17 (-6.9%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$17	$17	$17	$17
Change	-6.90%	-6.90%	-6.90%	-6.90%

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

Analyst Ratings

According to 1 stock analyst, the rating for Suburban Propane Partners is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '24
Strong Buy	0	0	0	1	1	0
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	2	2	1

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	-6.90%	Aug 30, 2024
David Coleman Argus Research	Argus Research	Strong Buy Maintains $24 → $25	Strong Buy	Maintains	$24 → $25	+36.91%	Jun 10, 2024
Gabriel Moreen Mizuho	Mizuho	Hold → Sell Downgrades $16 → $17	Hold → Sell	Downgrades	$16 → $17	-6.90%	Jan 29, 2024
Gabriel Moreen Mizuho	Mizuho	Hold Maintains $17 → $16	Hold	Maintains	$17 → $16	-12.38%	Jun 29, 2023
Gabriel Moreen Mizuho	Mizuho	Hold Initiates $17	Hold	Initiates	$17	-6.90%	Apr 26, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

1.47B

Increased by 10.99%

from 1.33B

Revenue Next Year

1.47B

Decreased by -0.34%

from 1.47B

EPS This Year

1.58

Increased by 38.65%

from 1.14

EPS Next Year

1.80

Increased by 14.06%

from 1.58

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	1.47B	1.47B	1.49B
Revenue Growth	-12.61%	16.32%	16.51%	-4.81%	-7.14%	10.99%	-0.34%	1.16%
EPS	0.97	1.94	2.18	1.92	1.14	1.58	1.80	1.91
EPS Growth	-11.82%	100.00%	12.37%	-11.93%	-40.63%	38.65%	14.06%	5.88%
Forward PE	-	-	-	-	-	11.55	10.13	9.57
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	1.5B	1.5B	1.5B
Low	1.4B	1.4B	1.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.4%	3.6%	5.2%
Avg	11.0%	-0.3%	1.2%
Low	7.7%	-3.3%	-1.8%

EPS Forecast

EPS	2025	2026	2027
High	1.71	2.02	1.98
Avg	1.58	1.80	1.91
Low	1.47	1.62	1.85

EPS Growth

EPS Growth	2025	2026	2027
High	50.1%	27.5%	10.1%
Avg	38.7%	14.1%	5.9%
Low	28.9%	2.3%	2.7%

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.