Susser Holdings Lowered to “Neutral” at Macquarie (SUSS)
Susser Holdings (NASDAQ:SUSS) was downgraded by equities researchers at Macquarie from an “outperform” rating to a “neutral” rating in a research report issued on Thursday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on SUSS. Analysts at RBC Capital cut their price target on shares of Susser Holdings from $71.00 to $70.00 in a research note on Wednesday, April 16th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of Susser Holdings from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 9th. They now have a $60.60 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Susser Holdings from $50.00 to $65.00 in a research note on Monday, April 7th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $65.84.
Susser Holdings (NASDAQ:SUSS) traded down 0.27% on Thursday, hitting $59.38. 85,670 shares of the company’s stock traded hands. Susser Holdings has a 52-week low of $44.32 and a 52-week high of $68.71. The stock has a 50-day moving average of $62.35 and a 200-day moving average of $60.70. The company has a market cap of $1.264 billion and a P/E ratio of 89.53.
Susser Holdings (NASDAQ:SUSS) last released its earnings data on Wednesday, February 26th. The company reported $0.27 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.43 by $0.16. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the company posted $0.49 earnings per share. Susser Holdings’s revenue was up 9.2% compared to the same quarter last year. Analysts expect that Susser Holdings will post $2.34 EPS for the current fiscal year.
Susser Holdings Corporation (NASDAQ:SUSS) is a non-refining operator of convenience store in Texas, and a non-refining motor fuel distributor.
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