Susser Holdings (NASDAQ: SUSS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued on Monday. The firm currently has a $47.30 price target on the stock.
A number of other analysts have also recently weighed in on SUSS. Analysts at RBC Capital raised their price target on shares of Susser Holdings from $52.00 to $57.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Imperial Capital raised their price target on shares of Susser Holdings from $43.00 to $48.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Finally, analysts at Benchmark Co. raised their price target on shares of Susser Holdings from $47.00 to $50.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock.
Susser Holdings traded up 4.45% on Monday, hitting $46.99. Susser Holdings has a 1-year low of $23.21 and a 1-year high of $45.33. The stock’s 50-day moving average is currently $42.40. The company has a market cap of $997.6 million and a price-to-earnings ratio of 20.54.
Susser Holdings last announced its earnings results on Wednesday, February 27th. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.18. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. On average, analysts predict that Susser Holdings will post $1.98 earnings per share for the current fiscal year.
Susser Holdings Corporation (Susser) is a non-refining operator, as well as a motor fuel distributor by gallons in Texas.
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