$0.33 EPS Expected for SunCoke Energy Partners LP (SXCP) This Quarter

Brokerages predict that SunCoke Energy Partners LP (NYSE:SXCP) will report earnings per share (EPS) of $0.33 for the current quarter, according to Zacks. Three analysts have issued estimates for SunCoke Energy Partners’ earnings. The lowest EPS estimate is $0.22 and the highest is $0.41. SunCoke Energy Partners posted earnings per share of ($0.81) in the same quarter last year, which suggests a positive year-over-year growth rate of 140.7%. The company is scheduled to announce its next quarterly earnings report on Wednesday, January 30th.

According to Zacks, analysts expect that SunCoke Energy Partners will report full-year earnings of $1.31 per share for the current fiscal year, with EPS estimates ranging from $1.22 to $1.39. For the next year, analysts expect that the company will post earnings of $1.68 per share, with EPS estimates ranging from $0.98 to $2.07. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for SunCoke Energy Partners.

SunCoke Energy Partners (NYSE:SXCP) last announced its quarterly earnings data on Thursday, October 25th. The energy company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.09). The business had revenue of $224.10 million during the quarter, compared to the consensus estimate of $221.28 million. SunCoke Energy Partners had a return on equity of 13.19% and a net margin of 16.37%.

A number of equities analysts recently weighed in on the stock. B. Riley restated a “buy” rating and set a $20.00 target price on shares of SunCoke Energy Partners in a report on Friday, November 9th. ValuEngine downgraded shares of SunCoke Energy Partners from a “hold” rating to a “sell” rating in a report on Friday, November 23rd. Finally, Zacks Investment Research upgraded shares of SunCoke Energy Partners from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Thursday, October 18th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $19.50.

Shares of SXCP stock traded up $0.42 during trading on Monday, reaching $12.68. The company’s stock had a trading volume of 132,494 shares, compared to its average volume of 152,060. The company has a quick ratio of 0.65, a current ratio of 1.31 and a debt-to-equity ratio of 1.31. The firm has a market cap of $566.74 million, a PE ratio of 7.68 and a beta of 1.31. SunCoke Energy Partners has a one year low of $11.84 and a one year high of $21.95.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, November 15th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $1.60 dividend on an annualized basis and a yield of 12.62%. SunCoke Energy Partners’s payout ratio is 96.97%.

A number of institutional investors and hedge funds have recently modified their holdings of SXCP. Acadian Asset Management LLC increased its holdings in SunCoke Energy Partners by 416.3% during the second quarter. Acadian Asset Management LLC now owns 111,569 shares of the energy company’s stock worth $1,674,000 after buying an additional 89,959 shares during the last quarter. GSA Capital Partners LLP acquired a new position in SunCoke Energy Partners during the second quarter worth $961,000. Van ECK Associates Corp increased its holdings in SunCoke Energy Partners by 10.9% during the second quarter. Van ECK Associates Corp now owns 155,134 shares of the energy company’s stock worth $2,327,000 after buying an additional 15,217 shares during the last quarter. Blair William & Co. IL acquired a new position in SunCoke Energy Partners during the third quarter worth $198,000. Finally, NEXT Financial Group Inc acquired a new position in SunCoke Energy Partners during the third quarter worth $137,000. Institutional investors and hedge funds own 8.10% of the company’s stock.

SunCoke Energy Partners Company Profile

SunCoke Energy Partners, L.P., a master limited partnership, produces and sells coke used in the blast furnace production of steel in the United States. It operates through two segments, Domestic Coke and Logistics. The company also provides metallurgical and thermal coal mixing and handling terminal services, as well as operates Convent Marine Terminal, an export terminal in the United States Gulf Coast located in Convent, Louisiana.

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