SunCoke Energy (NYSE:SXC)‘s stock had its “buy” rating reiterated by B. Riley in a note issued to investors on Friday. B. Riley also issued estimates for SunCoke Energy’s Q4 2018 earnings at $0.05 EPS and FY2019 earnings at $0.38 EPS.
Separately, Zacks Investment Research upgraded shares of SunCoke Energy from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a research note on Saturday, October 27th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. SunCoke Energy presently has an average rating of “Buy” and an average price target of $13.00.
NYSE:SXC opened at $10.86 on Friday. The firm has a market cap of $754.97 million, a P/E ratio of 38.79 and a beta of 0.80. SunCoke Energy has a one year low of $9.38 and a one year high of $14.32. The company has a quick ratio of 1.13, a current ratio of 1.65 and a debt-to-equity ratio of 1.22.
Large investors have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC bought a new stake in SunCoke Energy in the 1st quarter valued at $175,000. Hartford Investment Management Co. bought a new stake in SunCoke Energy in the 2nd quarter valued at $301,000. Acadian Asset Management LLC increased its holdings in SunCoke Energy by 203.0% in the 2nd quarter. Acadian Asset Management LLC now owns 404,181 shares of the energy company’s stock valued at $5,417,000 after buying an additional 270,776 shares during the period. Dupont Capital Management Corp bought a new stake in SunCoke Energy in the 2nd quarter valued at $695,000. Finally, Aperio Group LLC increased its holdings in SunCoke Energy by 75.3% in the 2nd quarter. Aperio Group LLC now owns 34,193 shares of the energy company’s stock valued at $458,000 after buying an additional 14,687 shares during the period. Hedge funds and other institutional investors own 89.64% of the company’s stock.
About SunCoke Energy
SunCoke Energy, Inc operates as an independent producer of coke in the Americas. The company operates through three segments: Domestic Coke, Brazil Coke, and Logistics. It offers metallurgical and thermal coal. The company also provides handling and/or mixing services to steel, coke, electric utility, coal producing, and other manufacturing based customers.
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