Media headlines about Sprague Resources (NYSE:SRLP) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sprague Resources earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 45.9035137698748 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities analysts have issued reports on SRLP shares. Zacks Investment Research upgraded Sprague Resources from a “sell” rating to a “hold” rating in a report on Friday, July 28th. BidaskClub downgraded Sprague Resources from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $31.67.
Sprague Resources (NYSE:SRLP) traded down 1.14% during trading on Tuesday, reaching $26.00. The company’s stock had a trading volume of 5,142 shares. The company has a market capitalization of $586.12 million, a P/E ratio of 12.96 and a beta of 1.40. The firm’s 50-day moving average price is $26.57 and its 200 day moving average price is $26.91. Sprague Resources has a 12-month low of $22.50 and a 12-month high of $30.75.
Sprague Resources (NYSE:SRLP) last released its quarterly earnings results on Wednesday, August 9th. The oil and gas company reported ($0.39) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.01 by ($0.40). The company had revenue of $513.63 million during the quarter, compared to the consensus estimate of $529.66 million. Sprague Resources had a return on equity of 29.64% and a net margin of 1.77%. On average, analysts predict that Sprague Resources will post $4.00 earnings per share for the current fiscal year.
Sprague Resources Company Profile
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