SunCoke Energy Partners LP Hits New 52-Week High at $25.04 (SXCP)
Shares of SunCoke Energy Partners LP (NASDAQ:SXCP) hit a new 52-week high during mid-day trading on Wednesday, StockRatingsNetwork.com reports. The stock traded as high as $25.04 and last traded at $24.91, with a volume of 404,213 shares trading hands. The stock had previously closed at $24.56.
SXCP has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of SunCoke Energy Partners LP from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, September 26th. They now have a $26.90 price target on the stock. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $23.98.
SunCoke Energy Partners LP has a 52-week low of $18.00 and a 52-week high of $25.00. The stock’s 50-day moving average is $23.64 and its 200-day moving average is $22.45. The company has a market cap of $777.7 million and a price-to-earnings ratio of 13.18.
SunCoke Energy Partners LP (NASDAQ:SXCP) last announced its earnings results on Thursday, July 25th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by $0.35. The company had revenue of $403.60 million for the quarter, compared to the consensus estimate of $172.06 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was down 12.4% on a year-over-year basis. Analysts expect that SunCoke Energy Partners LP will post $1.80 EPS for the current fiscal year.
SunCoke Energy Partners, L.P. (NASDAQ:SXCP) is a limited partnership formed to acquire an interest in two coke making operations of its sponsor, SunCoke Energy, Inc (SunCoke) in Ohio.
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