CrossAmerica Partners (NYSE:CAPL – Get Free Report) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Sunday.
CrossAmerica Partners Trading Down 0.2 %
NYSE CAPL opened at $21.06 on Friday. The company has a 50-day moving average price of $20.61 and a two-hundred day moving average price of $20.64. CrossAmerica Partners has a 52 week low of $18.43 and a 52 week high of $24.19. The stock has a market cap of $800.85 million, a price-to-earnings ratio of 34.52 and a beta of 1.51.
CrossAmerica Partners (NYSE:CAPL – Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.10. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.27 billion. CrossAmerica Partners had a negative return on equity of 314.20% and a net margin of 0.51%. As a group, equities research analysts expect that CrossAmerica Partners will post 0.46 earnings per share for the current fiscal year.
Hedge Funds Weigh In On CrossAmerica Partners
CrossAmerica Partners Company Profile
CrossAmerica Partners LP engages in the wholesale distribution of motor fuels, operation of convenience stores, and ownership and leasing of real estate used in the retail distribution of motor fuels in the United States. It operates in two segments, Wholesale and Retail. The Wholesale segment engages in the wholesale distribution of motor fuels to lessee dealers, independent dealers, commission agents, and company operated retail sites.
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