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 11.94% upside from SPH’s last price of $18.76) 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 11.94% upside from SPH's last price of $18.76.
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% | -9.38% |
| Jun 10, 2024 | David Coleman | Argus Research | $25.00 | $21.39 | 16.88% | 33.26% |
| Nov 17, 2022 | - | Wells Fargo | $17.00 | $15.68 | 8.42% | -9.38% |
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 -9.38% decrease from SPH last price ($18.76).
Suburban Propane Partners Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $17.00 | $21.00 |
| Last Closing Price | $18.76 | $18.76 | $18.76 |
| Upside/Downside | -100.00% | -9.38% | 11.94% |
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 $18.76. This month's average price target is down -100.00% 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 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 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $536.28M | $450.58M | $404.14M |
| 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 | $613.80M | $616.26M | $604.81M |
| 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 | $736.56M | $739.51M | $725.77M |
| 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 | $491.04M | $493.01M | $483.85M |
| # Analysts | 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 | 3 | 7 | 14 | 14 |
| 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% | 0.87% | 0.73% | 0.67% |
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 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 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 3 | 7 | 14 | 14 |
| 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 | $158.43M | $133.96M | $144.07M |
| Avg Forecast | $55.31M | $54.79M | $54.27M | $53.76M | $49.11M | $57.39M | $193.12M | $75.63M | $48.28M | $58.22M | $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 | $143.79M | $178.44M | $169.96M | $191.92M |
| High Forecast | $55.31M | $54.79M | $54.27M | $53.76M | $49.11M | $57.39M | $231.75M | $75.63M | $48.28M | $58.22M | $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 | $172.54M | $214.12M | $203.95M | $230.31M |
| Low Forecast | $55.31M | $54.79M | $54.27M | $53.76M | $49.11M | $57.39M | $154.50M | $75.63M | $48.28M | $58.22M | $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 | $115.03M | $142.75M | $135.96M | $153.54M |
| Surprise % | - | - | - | - | - | - | - | 0.78% | 0.32% | 0.50% | 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% | 0.86% | 0.89% | 0.79% | 0.75% |
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 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 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 3 | 7 | 14 | 14 |
| 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 | $106.79M | $83.81M | $92.01M |
| Avg Forecast | $-12.23M | $5.15M | $122.99M | $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 | $114.44M | $120.27M | $106.33M | $122.53M |
| High Forecast | $-12.23M | $5.15M | $122.99M | $41.86M | $-19.90M | $-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 | $137.33M | $144.32M | $127.59M | $147.04M |
| Low Forecast | $-12.23M | $5.15M | $122.99M | $41.86M | $-34.12M | $-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 | $91.55M | $96.22M | $85.06M | $98.02M |
| 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% | 0.82% | 0.89% | 0.79% | 0.75% |
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 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 3 | 7 | 14 | 14 |
| 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 | $18.20M | $12.16M | $15.21M |
| Avg Forecast | $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 | $143.97M | $56.77M | $202.12M | $207.10M |
| High Forecast | $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 | $172.76M | $68.13M | $242.55M | $248.52M |
| Low Forecast | $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 | $115.18M | $45.42M | $161.70M | $165.68M |
| 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% | 0.04% | 0.32% | 0.06% | 0.07% |
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 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 | Mar 18 | Mar 17 | Mar 16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 3 | 7 | 14 | 14 |
| 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 | $1.74 | $1.37 | $1.51 |
| 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 | $2.23 | $2.36 | $3.01 |
| 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 | $2.68 | $2.83 | $3.61 |
| 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 | $1.78 | $1.89 | $2.41 |
| 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% | 0.78% | 0.58% | 0.50% |
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 |
|---|---|---|---|---|---|
| NWN | Northwest Natural Company | $41.29 | $48.75 | 18.07% | Hold |
| SPH | Suburban Propane Partners | $18.76 | $21.00 | 11.94% | Sell |
| SR | Spire | $65.69 | $69.33 | 5.54% | Buy |
| NI | NiSource | $36.25 | $35.80 | -1.24% | Buy |
| NJR | New Jersey Resources | $47.73 | $47.00 | -1.53% | Hold |
| CPK | Chesapeake Utilities | $126.45 | $123.50 | -2.33% | Hold |
| OGS | ONE Gas | $75.09 | $69.83 | -7.00% | Hold |
| ATO | Atmos Energy | $146.51 | $129.00 | -11.95% | Buy |