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 $17.00 (represents a -1.96% downside from SPH’s last price of $17.34) 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 $17.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $17.00. This represents a potential -1.96% downside from SPH's last price of $17.34.
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% | -1.96% |
| Jun 10, 2024 | David Coleman | Argus Research | $25.00 | $21.39 | 16.88% | 44.18% |
| Nov 17, 2022 | Wells Fargo | $17.00 | $15.68 | 8.42% | -1.96% |
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 -1.96% decrease from SPH last price ($17.34).
Suburban Propane Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $21.00 |
| Last Closing Price | $17.34 | $17.34 | $17.34 |
| Upside/Downside | -100.00% | -100.00% | 21.11% |
In the current month, the average price target of Suburban Propane Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Suburban Propane Partners's last price of $17.34. This month's average price target is down NaN% compared to last quarter, and down -100.00% 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 26 | Jun 26 | Mar 26 | Dec 25 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Avg Forecast | $277.21M | $274.61M | $272.02M | $269.46M | $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 |
| High Forecast | $277.21M | $274.61M | $272.02M | $269.46M | $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 |
| Low Forecast | $277.21M | $274.61M | $272.02M | $269.46M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 2 | 2 | 2 |
| 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% |
Suburban Propane Partners's average Quarter revenue forecast for Mar 24 based on 1 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 26 | Jun 26 | Mar 26 | Dec 25 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 2 | 2 | 2 |
| 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 |
| Avg Forecast | $56.74M | $56.21M | $55.68M | $55.16M | $54.64M | $54.13M | $53.62M | $53.11M | $48.51M | $56.70M | $193.12M | $74.71M | $47.69M | $57.52M | $175.56M | $51.45M | $45.52M | $56.04M | $159.60M | $83.70M | $36.26M | $45.30M | $145.09M | $65.94M | $35.52M | $35.12M | $156.70M | $73.42M | $34.75M | $48.97M |
| High Forecast | $56.74M | $56.21M | $55.68M | $55.16M | $54.64M | $54.13M | $53.62M | $53.11M | $48.51M | $56.70M | $231.75M | $74.71M | $47.69M | $57.52M | $210.68M | $61.74M | $45.52M | $56.04M | $191.52M | $83.70M | $36.26M | $45.30M | $174.11M | $65.94M | $35.52M | $35.12M | $188.04M | $73.42M | $34.75M | $48.97M |
| Low Forecast | $56.74M | $56.21M | $55.68M | $55.16M | $54.64M | $54.13M | $53.62M | $53.11M | $48.51M | $56.70M | $154.50M | $74.71M | $47.69M | $57.52M | $140.45M | $41.16M | $45.52M | $56.04M | $127.68M | $83.70M | $36.26M | $45.30M | $116.08M | $65.94M | $35.52M | $35.12M | $125.36M | $73.42M | $34.75M | $48.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.79% | 0.32% | 0.51% | 0.80% | 1.46% | -0.53% | 0.48% | 1.28% | 0.63% | 0.58% | 0.40% | 1.19% | 1.28% | 0.17% | 0.92% | 0.80% | 1.20% | -0.06% | 0.41% |
1 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 26 | Jun 26 | Mar 26 | Dec 25 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 2 | 2 | 2 |
| 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 |
| Avg Forecast | $-5.80M | $13.52M | $132.01M | $48.94M | $-10.30M | $5.15M | $123.64M | $41.86M | $-26.72M | $-2.58M | $142.08M | $41.21M | $-28.98M | $-4.83M | $129.16M | $41.85K | $-28.98M | $-11.59M | $117.42M | $49.58M | $-42.12M | $-23.19M | $106.74M | $37.21M | $-49.80M | $-36.76M | $96.35M | $44.28M | $-51.84M | $-27.08M |
| High Forecast | $-5.80M | $13.52M | $132.01M | $48.94M | $-10.30M | $5.15M | $123.64M | $41.86M | $-26.72M | $-2.58M | $170.49M | $41.21M | $-28.98M | $-4.83M | $154.99M | $50.22K | $-28.98M | $-11.59M | $140.90M | $49.58M | $-42.12M | $-23.19M | $128.09M | $37.21M | $-49.80M | $-36.76M | $115.61M | $44.28M | $-51.84M | $-27.08M |
| Low Forecast | $-5.80M | $13.52M | $132.01M | $48.94M | $-10.30M | $5.15M | $123.64M | $41.86M | $-26.72M | $-2.58M | $113.66M | $41.21M | $-29.62M | $-4.83M | $103.33M | $33.48K | $-28.98M | $-11.59M | $93.94M | $49.58M | $-42.12M | $-23.19M | $85.40M | $37.21M | $-49.80M | $-36.76M | $77.08M | $44.28M | $-51.84M | $-27.08M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.59% | 0.72% | 1.09% | 0.81% | 1084.76% | 1.87% | 0.22% | 1.49% | 0.43% | 0.39% | 1.12% | 1.19% | 1.02% | 0.83% | 0.42% | 0.80% | 0.91% | 0.99% | 1.07% |
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 26 | Jun 26 | Mar 26 | Dec 25 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 2 | 2 | 2 |
| 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 |
| Avg Forecast | $16.16M | $16.01M | $15.86M | $15.71M | $15.57M | $15.42M | $15.27M | $15.13M | $13.82M | $16.15M | $24.55M | $21.28M | $13.59M | $16.39M | $22.32M | $19.98M | $12.81M | $15.77M | $20.29M | $23.55M | $10.21M | $12.75M | $18.44M | $18.56M | $10.00M | $9.88M | $196.94M | $20.66M | $9.78M | $13.78M |
| High Forecast | $16.16M | $16.01M | $15.86M | $15.71M | $15.57M | $15.42M | $15.27M | $15.13M | $13.82M | $16.15M | $29.46M | $21.28M | $13.59M | $16.39M | $26.78M | $23.97M | $12.81M | $15.77M | $24.34M | $23.55M | $10.21M | $12.75M | $22.13M | $18.56M | $10.00M | $9.88M | $236.33M | $20.66M | $9.78M | $13.78M |
| Low Forecast | $16.16M | $16.01M | $15.86M | $15.71M | $15.57M | $15.42M | $15.27M | $15.13M | $13.82M | $16.15M | $19.64M | $21.28M | $13.59M | $16.39M | $17.85M | $15.98M | $12.81M | $15.77M | $16.23M | $23.55M | $10.21M | $12.75M | $14.75M | $18.56M | $10.00M | $9.88M | $157.55M | $20.66M | $9.78M | $13.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.20% | 1.60% | 1.29% | 1.15% | 1.15% | 1.31% | 1.37% | 1.16% | 0.84% | 1.59% | 1.39% | 1.19% | 0.98% | 1.61% | 1.73% | 0.07% | 0.93% | 1.65% | 1.19% |
Suburban Propane Partners's average Quarter SG&A projection for Mar 24 is $24.55M, based on 1 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 26 | Jun 26 | Mar 26 | Dec 25 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 3 | 3 | 2 | 2 | 2 |
| 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 |
| Avg Forecast | $-0.09 | $0.21 | $2.05 | $0.76 | $-0.16 | $0.08 | $1.92 | $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 |
| High Forecast | $-0.09 | $0.21 | $2.05 | $0.76 | $-0.16 | $0.08 | $1.92 | $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 |
| Low Forecast | $-0.09 | $0.21 | $2.05 | $0.76 | $-0.16 | $0.08 | $1.92 | $0.65 | $-0.41 | $-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 |
| 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% |
According to 1 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 |
|---|---|---|---|---|---|
| OGS | ONE Gas | $70.50 | $76.50 | 8.51% | Hold |
| ATO | Atmos Energy | $141.38 | $152.00 | 7.51% | Buy |
| NWN | Northwest Natural Company | $41.03 | $44.00 | 7.24% | Hold |
| SR | Spire | $68.30 | $72.00 | 5.42% | Buy |
| NI | NiSource | $36.21 | $37.33 | 3.09% | Buy |
| CPK | Chesapeake Utilities | $125.16 | $124.00 | -0.93% | Hold |
| NJR | New Jersey Resources | $47.52 | $47.00 | -1.09% | Hold |
| SPH | Suburban Propane Partners | $17.77 | $17.00 | -4.33% | Sell |