CrossAmerica Partners (CAPL) closed the most recent trading day at $18.51, moving -0.16% from the previous trading session. This change was narrower than the S&P 500's 0.75% loss on the day. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, lost 0.57%.
Coming into today, shares of the wholesale fuels distributor had gained 0.49% in the past month. In that same time, the Oils-Energy sector lost 1.23%, while the S&P 500 gained 4%.
Investors will be hoping for strength from CAPL as it approaches its next earnings release, which is expected to be May 6, 2019. In that report, analysts expect CAPL to post earnings of $0.10 per share. This would mark year-over-year growth of 266.67%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $636.10 million, up 14.7% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.72 per share and revenue of $2.53 billion. These totals would mark changes of +554.55% and +3.46%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for CAPL. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CAPL is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, CAPL currently has a Forward P/E ratio of 25.87. This valuation marks a premium compared to its industry's average Forward P/E of 15.08.
Meanwhile, CAPL's PEG ratio is currently 6.31. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry currently had an average PEG ratio of 2.82 as of yesterday's close.
The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 237, putting it in the bottom 8% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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CrossAmerica Partners LP (CAPL) : Free Stock Analysis Report
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