Media coverage about Suburban Propane Partners (NYSE:SPH) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Suburban Propane Partners earned a news impact score of 0.21 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 45.5969201121691 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research analysts recently commented on SPH shares. Zacks Investment Research raised shares of Suburban Propane Partners from a “sell” rating to a “hold” rating in a research note on Tuesday, November 14th. UBS Group raised shares of Suburban Propane Partners from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $26.00 to $29.00 in a research note on Wednesday, January 3rd. Raymond James Financial upgraded shares of Suburban Propane Partners from a “market perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a report on Friday, February 9th. Finally, TheStreet upgraded shares of Suburban Propane Partners from a “c” rating to a “b-” rating in a report on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $27.20.
Shares of Suburban Propane Partners (NYSE SPH) opened at $23.60 on Friday. The firm has a market cap of $1,448.90, a price-to-earnings ratio of 36.31, a P/E/G ratio of 3.82 and a beta of 0.65. Suburban Propane Partners has a fifty-two week low of $22.71 and a fifty-two week high of $27.44. The company has a quick ratio of 0.77, a current ratio of 1.05 and a debt-to-equity ratio of 2.37.
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Tuesday, February 6th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 10.17%. The ex-dividend date of this dividend was Monday, February 5th. Suburban Propane Partners’s dividend payout ratio (DPR) is currently 369.23%.
In related news, insider Keith P. Onderdonk sold 4,500 shares of Suburban Propane Partners stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $23.33, for a total value of $104,985.00. Following the sale, the insider now owns 28,665 shares in the company, valued at $668,754.45. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Harold R. Logan, Jr. sold 4,000 shares of Suburban Propane Partners stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $24.33, for a total transaction of $97,320.00. Following the completion of the sale, the director now owns 21,641 shares in the company, valued at approximately $526,525.53. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,500 shares of company stock worth $225,905. 0.64% of the stock is currently owned by company insiders.
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About Suburban Propane Partners
Suburban Propane Partners, L.P. is a marketer and distributor of a range of products. The Company specializes in the distribution of propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity in deregulated markets. The Company’s segments include Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other.
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