.jpg "Suburban Propane (NYSE: SPH)")
Today, the COO of Suburban Propane (NYSE: SPH), Steven Boyd, sold shares of SPH for $199.8K.
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Based on Suburban Propane’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $536 million and quarterly net profit of $107 million. In comparison, last year the company earned revenue of $451 million and had a net profit of $83.81 million. SPH’s market cap is $1.44B and the company has a P/E ratio of 23.06. Currently, Suburban Propane has an average volume of 53.94K.
Four different firms, including Barclays and Credit Suisse, currently also have a Sell rating on the stock.
Steven Boyd’s trades have generated a -4.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Suburban Propane Partners LP engages in the business of liquefied petroleum gas business. It operates through the following segments: Propane; Fuel Oil and Refined Fuels; Natural Gas and Electricity; and All Other. The Propane segment engages in natural gas processing and petroleum refining.
