Suburban Propane upgraded by Argus with a new price target
$SPH
Other Specialty Stores
Consumer Discretionary
Argus upgraded Suburban Propane from Hold to Buy and set a new price target of $18.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/30/2024 | $17.00 | Equal Weight → Underweight | Wells Fargo |
| 1/29/2024 | $16.00 → $17.00 | Neutral → Underperform | Mizuho |
| 4/26/2023 | $17.00 | Neutral | Mizuho |
| 12/16/2021 | $17.00 → $18.00 | Equal-Weight | Wells Fargo |
WHIPPANY, N.J., May 8, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its second quarter ended March 29, 2025. Net income for the second quarter of fiscal 2025 was $137.1 million, or $2.11 per Common Unit, compared to net income of $111.5 million, or $1.73 per Common Unit, for the second quarter of fiscal 2024. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) for the second quarter of fiscal 2025 improved $28.0 million, or 19.1%, to $175.0 million, compared
WHIPPANY, N.J., April 24, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced that its Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended March 29, 2025. This quarterly distribution rate equates to an annualized rate of $1.30 per Common Unit. The distribution is payable on May 13, 2025 to Common Unitholders of record as of May 6, 2025. This press release serves as qualified notice to brokers and nominees as provided for under Treasury Regulation Section 1.1446-4(b). Please note that 100% of
WHIPPANY, N.J., April 23, 2025 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), announced today that it has scheduled its Fiscal 2025 Second Quarter Results Conference Call for Thursday, May 8, 2025 at 9:00 AM Eastern Time. Analysts, investors and other interested parties are invited to listen to management's discussion of Fiscal 2025 Second Quarter results and business outlook by accessing the call via the internet at www.suburbanpropane.com, or by telephone as follows: Phone #: (800) 836-8184 Ask for: Suburban Propane Fiscal 2025 Second Quarter Results Conference