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Investor’s Ready to act on these stocks: Pattern Energy Group Inc. (NASDAQ:PEGI) & Sunoco LP (NYSE:SUN)

Pattern Energy Group Inc. (NASDAQ:PEGI)

Pattern Energy Group Inc. is a premium power company. It engages in developing, constructing, owning and operating wind power. The company’s project situated primarily in the United States, Canada and parts of Latin America. Pattern Energy Group Inc. is based in San Francisco, United States.

Pattern Energy Group Inc. (NASDAQ:PEGI)’s Financial Overview

Pattern Energy Group Inc. (NASDAQ) declined -0.66% yesterday to close its trading session at $21.01. The company has 1 year Price Target of $22.96. Pattern Energy Group Inc. has 52-Week high of $21.54 and 52-Week Low of $16.58. The stock touched its 52-Week High on 21.54 and 52-Week Low on 16.58. The stock traded with the volume of 414099 shares yesterday. The firm shows the market capitalization of $2.06 Billion.

Pattern Energy Group Inc. (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $-0.13/share against the analyst consensus estimate of $-0.03/share. The difference between the actual and expected EPS is $-0.1 a share with a surprise factor of -333.3%.

The firm is trading with SMA20 of 1.54 Percent, SMA50 of 4.19 Percent and SMA200 of 8.9 percent. Pattern Energy Group Inc. has P/S value of 4.28 while its P/B value stands at 1.8. Similarly, the company has Return on Assets of 5.6 percent, Return on Equity of 25.4 percent and Return on Investment of -0.3 Percent. The company shows Gross Margin and Operating Margin of 19.5 percent and 6.3 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 13 analysts offering 12-month price forecasts for Pattern Energy Group Inc have a median target of 22.00, with a high estimate of 28.00 and a low estimate of 19.00. The median estimate represents a +4.71% increase from the last price of 21.01.

Pattern Energy Group Inc. is estimated to report earnings on 03/07/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.23. The reported EPS for the same quarter last year was $0.11.

Sunoco LP (NYSE:SUN)

Sunoco LP is a master limited partnership that distributes motor fuel to approximately 10,000 convenience stores, independent dealers, commercial customers and distributors located in more than 30 states. SUN’s general partner is owned by Energy Transfer Operating, L.P., a wholly owned subsidiary of Energy Transfer LP.

Sunoco LP (NYSE:SUN)’s Financial Outlook

The 12 analysts offering 12-month price forecasts for Sunoco LP have a median target of 30.50, with a high estimate of 35.00 and a low estimate of 26.00. The median estimate represents a +1.36% increase from the last price of 30.09.

Sunoco LP is expected* to report earnings on 02/20/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.64.

According to Zacks Investment Research, Sunoco LP has a Consensus Recommendation of 2.6. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 2.21% and closed its last trading session at $30.09. The company has the market capitalization of $2.48 Billion. The stock has 52-week high of $31.46 and 52-Week low of $23.8. The firm touched its 52-Week high on 31.46 and 52-Week low on 23.80. The company has volume of 337106 shares. The company has a total of 82.48 Million shares outstanding.

Sunoco LP (NYSE) in the last quarter reported its actual EPS of $1.12/share where the analyst estimated EPS was $0.71/share. The difference between the actual and Estimated EPS is $0.41. This shows a surprise factor of 57.7 percent.

The company has YTD performance of 10.67 percent. Beta for Sunoco LP stands at 0.85 while its ATR (average true range) is 0.62. The company has Weekly Volatility of 2.21%% and Monthly Volatility of 1.94%%.

Sunoco LP has distance from 20-day Simple Moving Average (SMA20) of 1.15%, Distance from 50-Day Simple Moving Average of 6.56 percent and Distance from 200-Day Simple Moving Average of 9.77%.

The Company currently has ROA (Return on Assets) of 0.1 percent, Return on Equity (ROE) of 0.6 Percent and Return on Investment (ROI) of 4.7% with Gross margin of 8.3 percent and Operating & Profit margin of 1.6% and 0% respectively.