Sprague Resources (SRLP) Receives Daily News Sentiment Score of 0.11

Media stories about Sprague Resources (NYSE:SRLP) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sprague Resources earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 45.5761240403736 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Sprague Resources (NYSE SRLP) remained flat at $$25.35 on Friday. 8,100 shares of the company were exchanged, compared to its average volume of 20,533. Sprague Resources has a twelve month low of $22.95 and a twelve month high of $30.75. The firm has a market cap of $571.72, a P/E ratio of 14.16 and a beta of 1.33. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.16 and a current ratio of 2.35.

Sprague Resources (NYSE:SRLP) last posted its quarterly earnings results on Tuesday, November 7th. The oil and gas company reported ($0.68) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.72). Sprague Resources had a return on equity of 24.89% and a net margin of 1.50%. research analysts expect that Sprague Resources will post 3.12 EPS for the current year.

Several research firms recently commented on SRLP. B. Riley set a $29.00 target price on Sprague Resources and gave the stock a “buy” rating in a research report on Monday, December 18th. Zacks Investment Research upgraded Sprague Resources from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 11th. Finally, BidaskClub upgraded Sprague Resources from a “sell” rating to a “hold” rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $31.67.

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About Sprague Resources

Sprague Resources LP is engaged in the purchase, storage, distribution and sale of refined products and natural gas, and provides storage and handling services for a range of materials. The Company operates through four segments: refined products, which purchases a range of refined products, such as heating oil, diesel fuel, residual fuel oil, asphalt, kerosene, jet fuel and gasoline from refining companies, trading organizations and producers; natural gas, which purchases natural gas from natural gas producers and trading companies, and sells and distributes natural gas to commercial and industrial customers in the Northeast and Mid-Atlantic United States; materials handling, which offloads, stores and prepares for delivery a range of customer-owned products, including asphalt, clay slurry, coal and heavy equipment, and other operations, which include the purchase and distribution of coal, certain commercial trucking activities and the heating equipment service business.

Insider Buying and Selling by Quarter for Sprague Resources (NYSE:SRLP)

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