Advertisement
Advertisement
U.S. markets closed
Advertisement
Advertisement
Advertisement
Advertisement

Star Group, L.P. (SGU)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
10.21-0.18 (-1.73%)
At close: 04:00PM EST
10.21 +0.01 (+0.10%)
After hours: 04:00PM EST
Advertisement
Sign in to post a message.
  • Y
    Yahoo Finance Insights
    Star Group, L.P is down 5.00% to 10.25
  • Y
    Yahoo Finance Insights
    Star Group, L.P is up 4.97% to 10.34
  • E
    Ed
    The announcement of 7.1 million share distribution should be a non event. This does not add to shares outstanding. The shares were already issued and now eligible to be traded. Coupled with the company's announced buyback of 5.5 million shares this is lose to a wash. Given SEC Rules I'm betting the company bought on Friday. The continued buying to reduce the share count should give a boost to EPS already benefiting to from ideal weather conditions. Conclusion =take advantage of ill informed sellers and buy. Long time holder.
  • m
    mark
    This looks like someone got a margin call--its was at 10.95 with 18 min. to go.---margin debt is 813 billion up 49 percent from a year ago
  • e
    edwinrolsen1
    This company continues to suffer from lack of analyst coverage and is conservative regarding public disclosures. All understandable and not unusual. But an important factor for investors to consider is the stock repurchase record of SGU. Starting in 2009 the company began to repurchase shares with the number of shares at that time approximately 75 million shares outstanding. Since the beginning of the repurchase program 22,257,000 share have been bought back. And recently the company announced a new 5.5 million buyback on 8/28/2018. As one investor I believe the company will continue to repurchase shares with the result being outstanding share below 50 million and lower. I also believe the company will continue to raise the dividend.
  • m
    mark
    so-- summer 2016 shares outstanding 57 million---- summer 2020 shares outstanding 42 million---26 percent of the outstanding shares bought back in 4 years--we've been in a trading range of 9 dollars to 10 dollars for the most part during that time. Simple math says 9.5 divided by .74 = $12.83 per share (.74 is derived from .26 of the company being bought back)
    Bullish
  • m
    mark
    I think it shows that STAR is buying back shares and offered an Institutional investor a certain price. New buy back prices hopefully between 10 and 10.50 now---LETS GET TO 35 MILLION SHARE OUTSTANDING
  • K
    Kimikro
    This weather is so good for SGU. Looking forward to a monster year of earnings and cash flow
  • K
    Kimikro
    Another great quarter - made acquisitions, bought back shares and continues to generate great cash flow. $150mm of EBITDA for the 9months of this fiscal year. Trading for less than 4X. Also, company is buying shares back in the $11 range - good sign - this is going much higher
  • K
    Kimikro
    Hope the Company is buying back a lot of shares at this price. Let’s get the share count to 35mm. With $130mm of annual EBITDA- we would be at $3.7/share of EBITDA * 6 = over $20/share!
  • E
    Ed
    The company has announced that they are increasing the buy back from 2.2 million to 5.5 million shares. This is about ten per cent of outstanding shares. They continue to shrink the available shares. Outlook up in significant way.
  • e
    edwinrolsen1
    The company on 8/24/18 announced a new 5.5 million share buyback. This comes after the completion of a 5.5 million share buyback recently completed.
  • S
    Spartan
    Raising dividend, purchasing more companies, bringing them into fold, no loss of customers, cool temps continue ( still into May 10!! 45 to 60) within their footprint of customers. Everything going their way. > Strong Buy
  • K
    Kimikro
    The company keeps buying back shares and steadily increasing dividend - and now has a lower tax Corp tax rate which means more free cash flow. This stock trades for almost 3X-4X EV/EBITDA - should be trading at $15/share!
  • h
    haras
    is this a good buy?
  • m
    mark
    earnings are amazing for Q-3 --they've bought back 3,943,000 shares in 10 months or 8.7 percent of the company ---WOW--going to 15 someday
    Bullish
  • S
    Spartan
    Extremely undervalued.
    Bullish
  • m
    mark
    They have bought back about 18 million shares over 4 years or 30 percent of the company--should reach 12.65 $ per share just to get to previous market cap average
  • K
    Kimikro
    At $9.70 per share with 40mm shares outstanding = $388mm market cap. Way too low!! This should trade up to $12 per share just to be in line with the market cap over the past 5 years.
  • B
    Bob
    As good as this company is why did the price per share go down? Should I buy more?
    Bullish
Advertisement
Advertisement