Star Group L.P. (NYSE:SGU) shares fell to a low of $8.69 before closing at $8.73. Intraday shares traded counted 0.11 million, which was 20.03% higher than its 30-day average trading volume of 133.87K. SGU’s previous close was $8.74 while the outstanding shares total 46.24M. The firm has a beta of 0.34, a 12-month trailing P/E ratio of 17.02. The stock’s Relative Strength Index (RSI) is 64.50, with weekly volatility at 3.79% and ATR at 0.32. The SGU stock’s 52-week price range has touched low of $6.11 and a $10.14 high. The stock traded lower over the last trading session, losing -0.11% on 06/26/20.
Investors have identified the Oil & Gas Midstream company Star Group L.P. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $395.03 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Star Group L.P. (SGU) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SGU, the company has in raw cash 10.3 million on their books with 37.04 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 293537000 million total, with 354892000 million as their total liabilities.
SGU were able to record 45.19 million as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 5.4 million. In cash movements, the company had a total of 50.88 million as operating cash flow.
Potential earnings growth for Star Group L.P. (SGU)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Star Group L.P. recorded a total of 543.06 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -28.82% coming in sequential stages and their sales for the third quarter increasing by 6.28%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 346.62 million trying to sell their products during the last quarter, with the result yielding a gross income of 196.44 million. This allows shareholders to hold on to 46.24M with the revenue now reading 1.03 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter.
Is the stock of SGU attractive?
In related news, Director, Donovan Daniel P. bought 997 shares of the company’s stock in a transaction that recorded on May 18. The purchase was performed at an average price of 7.58, for a total value of 7,557. As the purchase deal closes, the Director, Donovan Daniel P. now bought 1,453 shares of the company’s stock, valued at 10,694. Also, Chief Financial Officer, AMBURY RICHARD bought 2,000 shares of the company’s stock in a deal that was recorded on May 14. The shares were cost at an average price of 7.32 per share, with a total market value of 14,640. Following this completion of disposal, the President and CEO, Woosnam Jeffrey M now holds 2,000 shares of the company’s stock, valued at 15,280. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.