Suburban Propane Partners (SPH) Stock Forecast, Price Target & Predictions
SPH Stock Forecast
Suburban Propane Partners stock forecast is as follows: an average price target of $21.00 (represents a 17.58% upside from SPH’s last price of $17.86) and a rating consensus of 'Sell', based on 1 wall street analysts offering a 1-year stock forecast.
SPH Price Target
The average price target for Suburban Propane Partners (SPH) is $21.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $17.00. This represents a potential 17.58% upside from SPH's last price of $17.86.
SPH Analyst Ratings
According to 1 Wall Street analysts, Suburban Propane Partners's rating consensus is 'Sell'. The analyst rating breakdown for SPH stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 0 'Hold' (0.00%), 1 'Sell' (100.00%), and 0 'Strong Sell' (0.00%).
Suburban Propane Partners Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 30, 2024 | Ned Baramov | Wells Fargo | $17.00 | $17.67 | -3.79% | -4.82% |
| Jun 10, 2024 | David Coleman | Argus Research | $25.00 | $21.39 | 16.88% | 39.98% |
| Nov 17, 2022 | - | Wells Fargo | $17.00 | $15.68 | 8.42% | -4.82% |
The latest Suburban Propane Partners stock forecast, released on Aug 30, 2024 by Ned Baramov from Wells Fargo, set a price target of $17.00, which represents a -3.79% decrease from the stock price at the time of the forecast ($17.67), and a -4.82% decrease from SPH last price ($17.86).
Suburban Propane Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $17.00 | $17.00 | $21.00 |
| Last Closing Price | $17.86 | $17.86 | $17.86 |
| Upside/Downside | -4.82% | -4.82% | 17.58% |
In the current month, the average price target of Suburban Propane Partners stock is $17.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -4.82% decrease as opposed to Suburban Propane Partners's last price of $17.86. This month's average price target is down 0.00% compared to last quarter, and down -19.05% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 30, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Nov 17, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
Suburban Propane Partners's last stock rating was published by Wells Fargo on Aug 30, 2024. The company Downgrade its SPH rating from "Equal-Weight" to "Underweight".
Suburban Propane Partners Financial Forecast
Suburban Propane Partners Revenue Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | $365.83M | $226.59M | $23.06M | $526.50M | $397.47M | $237.63M | $300.33M | $588.10M | $375.41M | $208.24M | $238.09M | $537.24M | $305.19M | $166.06M | $206.91M | $401.06M | $333.88M | $172.01M | $214.21M | $127.27M | $377.10M | $192.92M | $241.94M |
| Avg Forecast | $266.93M | $264.42M | $261.93M | $259.47M | $237.00M | $277.00M | $511.00M | $365.00M | $233.00M | $281.00M | $530.00M | $382.38M | $219.69M | $270.46M | $596.11M | $403.94M | $175.02M | $218.62M | $439.18M | $318.22M | $171.44M | $169.49M | $378.83M | $354.36M | $167.69M | $236.36M | $549.19M | $636.89M | $202.20M | $412.13M |
| High Forecast | $266.93M | $264.42M | $261.93M | $259.47M | $237.00M | $277.00M | $511.00M | $365.00M | $233.00M | $281.00M | $530.00M | $382.38M | $219.69M | $270.46M | $596.11M | $403.94M | $175.02M | $218.62M | $439.18M | $318.22M | $171.44M | $169.49M | $378.83M | $354.36M | $167.69M | $236.36M | $549.19M | $764.26M | $242.64M | $494.55M |
| Low Forecast | $266.93M | $264.42M | $261.93M | $259.47M | $237.00M | $277.00M | $511.00M | $365.00M | $233.00M | $281.00M | $530.00M | $382.38M | $219.69M | $270.46M | $596.11M | $403.94M | $175.02M | $218.62M | $439.18M | $318.22M | $171.44M | $169.49M | $378.83M | $354.36M | $167.69M | $236.36M | $549.19M | $509.51M | $161.76M | $329.70M |
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 18 | 12 |
| Surprise % | - | - | - | - | - | - | - | 1.00% | 0.97% | 0.08% | 0.99% | 1.04% | 1.08% | 1.11% | 0.99% | 0.93% | 1.19% | 1.09% | 1.22% | 0.96% | 0.97% | 1.22% | 1.06% | 0.94% | 1.03% | 0.91% | 0.23% | 0.59% | 0.95% | 0.59% |
Suburban Propane Partners's average Quarter revenue forecast for Mar 24 based on 0 analysts is $511.00M, with a low forecast of $511.00M, and a high forecast of $511.00M. SPH's average Quarter revenue forecast represents a 39.68% increase compared to the company's last Quarter revenue of $365.83M (Dec 23).
Suburban Propane Partners EBITDA Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 18 | 12 |
| EBITDA | - | - | - | - | - | - | - | $59.29M | $15.39M | $29.25M | $140.64M | $75.12M | $-24.31M | $26.75M | $204.79M | $52.41M | $20.90M | $18.14M | $172.92M | $84.63M | $6.00M | $32.16M | $125.83M | $88.15M | $-2.13M | $20.19M | $124.18M | $77.43M | $-1.10M | $34.32M |
| Avg Forecast | $55.31M | $54.79M | $54.27M | $53.76M | $49.11M | $57.39M | $193.12M | $75.63M | $48.28M | $58.22M | $175.56M | $79.23M | $32.84M | $56.04M | $159.60M | $46.77M | $29.86M | $18.14M | $145.09M | $42.52M | $6.79M | $45.19M | $156.70M | $89.18M | $-2.08M | $17.79M | $143.79M | $98.11M | $-1.17M | $43.65M |
| High Forecast | $55.31M | $54.79M | $54.27M | $53.76M | $49.11M | $57.39M | $231.75M | $75.63M | $48.28M | $58.22M | $210.68M | $79.23M | $39.41M | $56.04M | $191.52M | $56.12M | $35.83M | $21.77M | $174.11M | $51.02M | $8.15M | $54.22M | $188.04M | $107.01M | $-1.66M | $21.34M | $172.54M | $117.73M | $-933.85K | $52.38M |
| Low Forecast | $55.31M | $54.79M | $54.27M | $53.76M | $49.11M | $57.39M | $154.50M | $75.63M | $48.28M | $58.22M | $140.45M | $79.23M | $26.28M | $56.04M | $127.68M | $37.42M | $23.89M | $14.51M | $116.08M | $34.01M | $5.43M | $36.15M | $125.36M | $71.34M | $-2.50M | $14.23M | $115.03M | $78.49M | $-1.40M | $34.92M |
| Surprise % | - | - | - | - | - | - | - | 0.78% | 0.32% | 0.50% | 0.80% | 0.95% | -0.74% | 0.48% | 1.28% | 1.12% | 0.70% | 1.00% | 1.19% | 1.99% | 0.88% | 0.71% | 0.80% | 0.99% | 1.03% | 1.14% | 0.86% | 0.79% | 0.94% | 0.79% |
0 analysts predict SPH's average Quarter EBITDA for Mar 24 to be $193.12M, with a high of $231.75M and a low of $154.50M. This is 225.73% upper than Suburban Propane Partners's previous annual EBITDA (Dec 23) of $59.29M.
Suburban Propane Partners Net Income Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 18 | 12 |
| Net Income | - | - | - | - | - | - | - | $24.45M | $-20.86M | $-5.26M | $104.48M | $45.39M | $-54.16M | $-2.54M | $175.10M | $21.30M | $-16.38M | $-26.02M | $127.22M | $37.98M | $-41.19M | $-15.58M | $77.36M | $40.16M | $-51.06M | $-29.04M | $93.30M | $27.72M | $-50.83M | $-16.59M |
| Avg Forecast | $-12.23M | $5.15M | $122.99M | $41.86M | $-26.72M | $-2.58M | $142.08M | $41.21M | $-28.98M | $-4.83M | $129.16M | $34.13M | $-25.74M | $-11.67M | $117.42M | $38.04K | $-23.40M | $-26.02M | $106.74M | $34.59K | $-46.61M | $-21.89M | $96.35M | $37.71M | $-49.79M | $-25.58M | $114.44M | $35.12M | $-53.14M | $-21.10M |
| High Forecast | $-12.23M | $5.15M | $122.99M | $41.86M | $-19.90M | $-2.58M | $170.49M | $41.21M | $-28.98M | $-4.83M | $154.99M | $34.13M | $-20.59M | $-11.67M | $140.90M | $45.65K | $-18.72M | $-20.82M | $128.09M | $41.50K | $-37.29M | $-17.51M | $115.61M | $45.25M | $-39.83M | $-20.47M | $137.33M | $42.15M | $-42.51M | $-16.88M |
| Low Forecast | $-12.23M | $5.15M | $122.99M | $41.86M | $-34.12M | $-2.58M | $113.66M | $41.21M | $-29.62M | $-4.83M | $103.33M | $34.13M | $-30.89M | $-11.67M | $93.94M | $30.43K | $-28.08M | $-31.23M | $85.40M | $27.67K | $-55.93M | $-26.27M | $77.08M | $30.17M | $-59.74M | $-30.70M | $91.55M | $28.10M | $-63.76M | $-25.33M |
| Surprise % | - | - | - | - | - | - | - | 0.59% | 0.72% | 1.09% | 0.81% | 1.33% | 2.10% | 0.22% | 1.49% | 559.84% | 0.70% | 1.00% | 1.19% | 1098.08% | 0.88% | 0.71% | 0.80% | 1.07% | 1.03% | 1.14% | 0.82% | 0.79% | 0.96% | 0.79% |
Suburban Propane Partners's average Quarter net income forecast for Mar 24 is $142.08M, with a range of $113.66M to $170.49M. SPH's average Quarter net income forecast represents a 481.00% increase compared to the company's last Quarter net income of $24.45M (Dec 23).
Suburban Propane Partners SG&A Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 18 | 12 |
| SG&A | - | - | - | - | - | - | - | $25.57M | $21.72M | $21.14M | $25.70M | $23.01M | $16.79M | $21.54M | $23.62M | $19.80M | $16.23M | $17.76M | $21.98M | $18.13M | $16.12M | $17.10M | $13.44M | $19.27M | $16.10M | $16.45M | $5.48M | $16.50M | $16.56M | $14.71M |
| Avg Forecast | $15.57M | $15.42M | $15.27M | $15.13M | $13.82M | $16.15M | $24.55M | $21.28M | $13.59M | $16.39M | $22.32M | $22.30M | $25.50M | $15.77M | $20.29M | $18.16M | $23.19M | $17.76M | $18.44M | $16.51M | $51.14M | $9.88M | $196.94M | $169.07M | $140.86M | $127.09M | $143.97M | $205.14M | $142.67M | $58.45M |
| High Forecast | $15.57M | $15.42M | $15.27M | $15.13M | $13.82M | $16.15M | $29.46M | $21.28M | $13.59M | $16.39M | $26.78M | $22.30M | $30.61M | $15.77M | $24.34M | $21.79M | $27.82M | $21.31M | $22.13M | $19.81M | $61.37M | $9.88M | $236.33M | $202.89M | $169.03M | $152.51M | $172.76M | $246.17M | $171.21M | $70.15M |
| Low Forecast | $15.57M | $15.42M | $15.27M | $15.13M | $13.82M | $16.15M | $19.64M | $21.28M | $13.59M | $16.39M | $17.85M | $22.30M | $20.40M | $15.77M | $16.23M | $14.53M | $18.55M | $14.20M | $14.75M | $13.21M | $40.91M | $9.88M | $157.55M | $135.26M | $112.69M | $101.67M | $115.18M | $164.11M | $114.14M | $46.76M |
| Surprise % | - | - | - | - | - | - | - | 1.20% | 1.60% | 1.29% | 1.15% | 1.03% | 0.66% | 1.37% | 1.16% | 1.09% | 0.70% | 1.00% | 1.19% | 1.10% | 0.32% | 1.73% | 0.07% | 0.11% | 0.11% | 0.13% | 0.04% | 0.08% | 0.12% | 0.25% |
Suburban Propane Partners's average Quarter SG&A projection for Mar 24 is $24.55M, based on 0 Wall Street analysts, with a range of $19.64M to $29.46M. The forecast indicates a -4.00% fall compared to SPH last annual SG&A of $25.57M (Dec 23).
Suburban Propane Partners EPS Forecast
| Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | - | - | - | 1 | - | - | - | - | - | - | - | - | - | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 | 18 | 12 |
| EPS | - | - | - | - | - | - | - | $0.38 | $-0.33 | $-0.08 | $1.63 | $0.71 | $-0.86 | $-0.04 | $2.77 | $0.34 | $-0.26 | $-0.41 | $2.03 | $0.61 | $-0.66 | $-0.25 | $1.24 | $0.65 | $-0.82 | $-0.47 | $1.94 | $0.45 | $-0.83 | $-0.27 |
| Avg Forecast | $-0.19 | $0.08 | $1.91 | $0.65 | $-0.41 | $-0.04 | $1.90 | $0.64 | $-0.45 | $-0.07 | $1.85 | $0.53 | $-0.45 | $-0.18 | $2.04 | $0.77 | $-0.65 | $-0.36 | $1.70 | $0.58 | $-0.77 | $-0.57 | $1.52 | $0.69 | $-0.80 | $-0.42 | $1.86 | $0.96 | $-0.91 | $-0.59 |
| High Forecast | $-0.19 | $0.08 | $1.91 | $0.65 | $-0.31 | $-0.04 | $1.90 | $0.64 | $-0.45 | $-0.07 | $1.85 | $0.53 | $-0.45 | $-0.18 | $2.04 | $0.77 | $-0.65 | $-0.36 | $1.70 | $0.58 | $-0.77 | $-0.57 | $1.52 | $0.69 | $-0.80 | $-0.42 | $1.86 | $1.16 | $-0.73 | $-0.47 |
| Low Forecast | $-0.19 | $0.08 | $1.91 | $0.65 | $-0.53 | $-0.04 | $1.90 | $0.64 | $-0.46 | $-0.07 | $1.85 | $0.53 | $-0.45 | $-0.18 | $2.04 | $0.77 | $-0.65 | $-0.36 | $1.70 | $0.58 | $-0.77 | $-0.57 | $1.52 | $0.69 | $-0.80 | $-0.42 | $1.86 | $0.77 | $-1.09 | $-0.70 |
| Surprise % | - | - | - | - | - | - | - | 0.59% | 0.73% | 1.10% | 0.88% | 1.34% | 1.91% | 0.22% | 1.36% | 0.44% | 0.40% | 1.14% | 1.19% | 1.06% | 0.85% | 0.44% | 0.82% | 0.95% | 1.02% | 1.12% | 1.04% | 0.47% | 0.91% | 0.46% |
According to 0 Wall Street analysts, Suburban Propane Partners's projected average Quarter EPS for Mar 24 is $1.90, with a low estimate of $1.90 and a high estimate of $1.90. This represents a 400.00% increase compared to SPH previous annual EPS of $0.38 (Dec 23).
Suburban Propane Partners Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NWN | Northwest Natural Company | $40.49 | $48.75 | 20.40% | Hold |
| SPH | Suburban Propane Partners | $17.86 | $21.00 | 17.58% | Sell |
| SR | Spire | $66.92 | $69.33 | 3.60% | Buy |
| NI | NiSource | $34.18 | $35.00 | 2.40% | Buy |
| CPK | Chesapeake Utilities | $123.76 | $120.50 | -2.63% | Hold |
| NJR | New Jersey Resources | $48.02 | $46.00 | -4.21% | Hold |
| OGS | ONE Gas | $73.52 | $68.00 | -7.51% | Hold |
| ATO | Atmos Energy | $138.15 | $124.75 | -9.70% | Buy |
SPH Forecast FAQ
Is Suburban Propane Partners a good buy?
No, according to 1 Wall Street analysts, Suburban Propane Partners (SPH) is considered a 'Sell'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of SPH's total ratings.
What is SPH's price target?
Suburban Propane Partners (SPH) average price target is $21 with a range of $17 to $25, implying a 17.58% from its last price of $17.86. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Suburban Propane Partners stock go up soon?
According to Wall Street analysts' prediction for SPH stock, the company can go up by 17.58% (from the last price of $17.86 to the average price target of $21), up by 39.98% based on the highest stock price target, and down by -4.82% based on the lowest stock price target.
Can Suburban Propane Partners stock reach $30?
SPH's average twelve months analyst stock price target of $21 does not support the claim that Suburban Propane Partners can reach $30 in the near future.
What is Suburban Propane Partners's current price target trend?
1 Wall Street analyst forecast a $17 price target for Suburban Propane Partners (SPH) this month, down -4.82% from its last price of $17.86. Compared to the last 3 and 12 months, the average price target decreased by -4.82% and increased by 17.58%, respectively.
What are Suburban Propane Partners's analysts' financial forecasts?
Suburban Propane Partners's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $1.39B (high $1.39B, low $1.39B), average EBITDA is $375.25M (high $413.88M, low $336.63M), average net income is $153.99M (high $189.23M, low $118.18M), average SG&A $75.8M (high $80.71M, low $70.89M), and average EPS is $2.08 (high $2.19, low $1.97). SPH's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $1.05B (high $1.05B, low $1.05B), average EBITDA is $218.13M (high $218.13M, low $218.13M), average net income is $157.77M (high $157.77M, low $157.77M), average SG&A $61.39M (high $61.39M, low $61.39M), and average EPS is $2.45 (high $2.45, low $2.45).
Did the SPH's actual financial results beat the analysts' financial forecasts?
Based on Suburban Propane Partners's last annual report (Sep 2023), the company's revenue was $1.43B, beating the average analysts forecast of $1.43B by 0.20%. Apple's EBITDA was $260.4M, missing the average prediction of $361.3M by -27.93%. The company's net income was $123.75M, missing the average estimation of $129.48M by -4.43%. Apple's SG&A was $91.57M, beating the average forecast of $74.59M by 22.78%. Lastly, the company's EPS was $1.93, beating the average prediction of $1.86 by 3.76%. In terms of the last quarterly report (Dec 2023), Suburban Propane Partners's revenue was $365.83M, beating the average analysts' forecast of $365M by 0.23%. The company's EBITDA was $59.29M, missing the average prediction of $75.63M by -21.61%. Suburban Propane Partners's net income was $24.45M, missing the average estimation of $41.21M by -40.66%. The company's SG&A was $25.57M, beating the average forecast of $21.28M by 20.14%. Lastly, the company's EPS was $0.38, missing the average prediction of $0.64 by -40.62%