Susser Holdings Stock Rating Lowered by RBC Capital (SUSS)
Susser Holdings (NASDAQ:SUSS) was downgraded by research analysts at RBC Capital from an “outperform” rating to a “sector perform” rating in a report released on Tuesday, TheFlyOnTheWall.com reports. They currently have a $80.25 price target on the stock, up from their previous price target of $77.00. RBC Capital’s price objective indicates a potential upside of 4.13% from the stock’s previous close.
A number of other firms have also recently commented on SUSS. Analysts at Sidoti downgraded shares of Susser Holdings from a “buy” rating to a “neutral” rating in a research note on Monday. They now have a $80.00 price target on the stock. Separately, analysts at Macquarie downgraded shares of Susser Holdings from an “outperform” rating to a “neutral” rating in a research note on Thursday, April 24th. Finally, 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. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company. Susser Holdings has a consensus rating of “Hold” and an average target price of $69.11.
Susser Holdings (NASDAQ:SUSS) traded down 0.84% on Tuesday, hitting $77.07. The stock had a trading volume of 1,730,025 shares. Susser Holdings has a 52 week low of $44.32 and a 52 week high of $80.00. The stock’s 50-day moving average is $63.02 and its 200-day moving average is $61.24. The company has a market cap of $1.640 billion and a price-to-earnings ratio of 116.87.
Susser Holdings (NASDAQ:SUSS) last announced its earnings results 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. On average, analysts predict that Susser Holdings will post $2.31 earnings per share 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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