Benchmark Raises PT and Estimates on Susser Holdings (SUSS); Possible Strength of Fuel Margins
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Price: $49.77 -0.38%
Rating Summary:
6 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Rating Summary:
6 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 21 | Down: 24 | New: 29
Trade SUSS Now!
Benchmark maintains a 'Buy' on Susser Holdings (NASDAQ: SUSS) price target of $38.00 (from $33.00).
Analyst, Ronald Bookbinder, said, "We are raising our 2Q12 EPS estimate by $0.12, to $0.76 from $0.64. We also believe that miles driven could be increasing, benefiting comps. If this environment continues through September, it could also produce upside to Q3. On the increase of our 2Q12 EPS estimate, our FY12 EPS estimate increased to $1.49, flowing through only the benefit in Q2. Our FY13 EPS estimate remains $1.71."
For an analyst ratings summary and ratings history on Susser Holdings click here. For more ratings news on Susser Holdings click here.
Shares of Susser Holdings closed at $31.14 yesterday, with a 52 week range of $14.84-$32.44.
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Analyst, Ronald Bookbinder, said, "We are raising our 2Q12 EPS estimate by $0.12, to $0.76 from $0.64. We also believe that miles driven could be increasing, benefiting comps. If this environment continues through September, it could also produce upside to Q3. On the increase of our 2Q12 EPS estimate, our FY12 EPS estimate increased to $1.49, flowing through only the benefit in Q2. Our FY13 EPS estimate remains $1.71."
For an analyst ratings summary and ratings history on Susser Holdings click here. For more ratings news on Susser Holdings click here.
Shares of Susser Holdings closed at $31.14 yesterday, with a 52 week range of $14.84-$32.44.
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