SunCoke Energy Inc (NYSE:SXC) does about 948.05K shares in volume on a normal day but saw 2745650 shares change hands in the recent trading day. The company now has a market cap of 727.15M USD. Its current market price is $8.59, marking an increase of 5.01% compared to the previous close of $8.18. The 52 week high reached by this stock is $12.82 whilst the lowest price level in 52 weeks is $7.47.
The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 28.42% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 1 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Strong Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 03, 2023 when B. Riley Securities downgraded the stock to “Neutral” and issued a price target of between $12 and $11.
The current price level is 4.79%, -0.52%, and -10.24% away from its SMA20, SMA50, and SMA200 respectively, with the SXC price moving above the 50-day SMA on current market day. SunCoke Energy Inc (SXC) stock is up 6.31% over the week and 4.00% over the past month. Its price is -10.43% year-to-date and -19.72% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.15 and 0.64 for whole year. Expected sales for next quarter are $356.35M, which analysts say will come at $1.51B for the current fiscal year and next year at $1.52B. In addition, estimates put the company’s current quarterly revenue at an average of $348.05M.
To reach the target analysts have set, the stock logically needs to grow 28.42 percent from here.
Outstanding shares total 84.65M with insiders holding 0.87% of the shares and institutional holders owning 96.63% of the company’s common stock. The company has a return on investment of 7.92% and return on equity of 14.26%. The price to earnings ratio (P/E ratio) amounts to 7.87 while the forward price to earnings ratio is 12.73. The beta has a value of 1.08. Price to book ratio is 1.06 and price to sales ratio is 0.39.
