Morgan Joseph Reiterates a 'Buy' on Susser Holdings (SUSS); 1Q Preview: Merchandise/Fuel Comps Up Y/Y But Credit Card Fees Also Likely Up

Morgan Joseph reiterates a 'Buy' on Susser Holdings Corporation (NASDAQ: SUSS), PT $17.

Morgan analyst says, "Susser is scheduled to report 1Q11 EPS on Wednesday, May 11th, before the market opens. We expect EPS of ($0.15) versus ($0.29) LY and the Street consensus estimate of ($0.14) [High $0.10 - Low ($0.29)]. A conference call is scheduled at 11:00 a.m. ET that same day. Susser continues to trade at a discount to its historical FTM EV/EBITDA multiple of roughly 6x (our $17 price target reflects a roughly similar 6x FTM EV/EBITDA multiple), and we reiterate rating."

For more ratings news on Susser Holdings Corporation click here and for the rating history of Susser Holdings Corporation click here.

Shares of Susser Holdings Corporation closed at $13.90 yesterday.

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