Media stories about SunCoke Energy (NYSE:SXC) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. SunCoke Energy earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 46.3334474946408 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of brokerages have issued reports on SXC. Zacks Investment Research downgraded SunCoke Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 27th. B. Riley reaffirmed a “buy” rating on shares of SunCoke Energy in a report on Wednesday, November 1st. Finally, Clarkson Capital raised SunCoke Energy from a “neutral” rating to a “buy” rating in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $11.00.
Shares of SunCoke Energy (NYSE SXC) opened at $10.61 on Friday. The stock has a market capitalization of $682.82, a PE ratio of 5.67 and a beta of 1.16. The company has a current ratio of 1.74, a quick ratio of 1.12 and a debt-to-equity ratio of 1.31. SunCoke Energy has a fifty-two week low of $7.66 and a fifty-two week high of $13.43.
SunCoke Energy (NYSE:SXC) last announced its quarterly earnings results on Wednesday, January 31st. The energy company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). SunCoke Energy had a return on equity of 3.13% and a net margin of 9.19%. The business had revenue of $359.60 million for the quarter, compared to analysts’ expectations of $353.60 million. During the same period last year, the firm earned $0.26 earnings per share. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. sell-side analysts predict that SunCoke Energy will post 0.12 earnings per share for the current fiscal year.
In other news, insider Phillip Michael Hardesty sold 4,444 shares of SunCoke Energy stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $11.37, for a total transaction of $50,528.28. Following the sale, the insider now owns 70,161 shares in the company, valued at $797,730.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.85% of the stock is currently owned by insiders.
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About SunCoke Energy
SunCoke Energy, Inc is a producer of coke in the Americas. The Company’s segments include Domestic Coke, Brazil Coke, Coal Logistics, and Corporate and Other. The Domestic Coke segment consists of its Jewell Coke Company, L.P. (Jewell), Indiana Harbor Coke Company (Indiana Harbor), Haverhill Coke Company LLC (Haverhill), Gateway Energy and Coke Company, LLC (Granite City) and Middletown Coke Company, LLC (Middletown) cokemaking and heat recovery operations.
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