How to Buy Sunoco Stock
Sunoco LP
Sunoco is a oil & gas refining & marketing company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker SUN on the NYSE exchange.
Sunoco stock last closed at $56.64, up 1.32% from the previous day, and has increased 24.46% in one year. It has overperformed other stocks in the Oil & Gas Refining & Marketing industry by 0 percentage points. Sunoco stock is currently +35.02% from its 52-week low of $41.95, and -12.71% from its 52-week high of $64.89.
As of Apr 23, 2024, there are 100.84M shares of SUN outstanding. The market cap of SUN is $5.71B. In the past 24 hours, 274,616 SUN shares were traded.
How to Buy Sunoco Stock
Wondering how to invest in Sunoco stock? Here's how.
- Choose where to buy Sunoco stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Sunoco stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your payment method and add your details.
- Research Sunoco stock: The Sunoco ticker symbol is SUN. Is Sunoco stock a good investment? Should you buy shares of SUN? How do SUN's underlying business fundamentals look? Do top analysts think Sunoco is a good buy? Why has SUN's stock price moved recently? (Hint: Our stock analysis website can help you decide if SUN is a good stock to buy).
- Place your SUN trade: Decide if you will purchase SUN shares at the current market price or use a limit order to buy SUN stock at a specific price.
- Get the latest scoop on your SUN position: Create a watchlist to monitor your new investment in Sunoco shares.
Step 1: Choose where to buy Sunoco stock
You will need a brokerage account to access the NYSE market and buy SUN stock.
Our preferred brokerage: eToro
We believe that eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can invest in SUN stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new trading account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help transferring money into your brokerage account.
Step 4: Research Sunoco stock
After you have selected the best place to buy Sunoco stock, it's important to evaluate their stock prior to buying, so you can understand the risk as well as the upside.
Sunoco shares quick numbers
SUN Fundamentals
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on SUN's stock page.
Is SUN stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SUN's true value.
Using relative valuations methods:
- SUN could be overvalued based on its P/E ratio of 15.31x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 8.64x
- SUN could be overvalued based on its P/B ratio of 5.84x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.29x
- SUN may be overvalued based on its PEG ratio of 3.07x
You can do additional valuation research on SUN's stock here.
SUN Financial Health Overview
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the SUN balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the SUN balance sheet.
- SUN profit margin has gone down from 1.8% to 1.7% in the past year.
- SUN's operating cash flow of $600.00M allows it to safely service it's debt of $4.11B.
- Total SUN debt is higher than 5 years ago, relative to shareholder equity.
- SUN has a relatively high debt to equity ratio of 5.98.
- SUN earnings of $647.00M is not sufficient to cover its interest payments.
Is it a good time to buy Sunoco stock, according to analysts?
Out of 7 sell side analysts who track SUN, the consensus analyst rating on Sunoco is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent SUN Analyst Recommendations
Gabriel Moreen, a top 6% analyst from Mizuho maintains SUN with a hold rating and raises their SUN price target from $55.00 to $60.00, on Jan 17, 2024.
Theresa Chen, a top 3% analyst from Barclays maintains SUN with a strong buy rating and raises their SUN price target from $57.00 to $64.00, on Jan 17, 2024.
You can dig deeper into what analysts are forecasting on the Sunoco stock forecast page.
SUN Technicals
SUN Growth Metrics
Last year, SUN earnings were $394.00M. During the last 4 year, SUN's earnings have gone up by 6.84% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 21.59%.
Last year, SUN revenue was $23.07B. In the last 5 year, SUN's revenue has increased by 6.3% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 7.35%.
Dive into SUN's earnings and revenue performance here.
What are SUN insiders up to?
Over the past year, executives and large shareholders at SUN have sold more shares than they have bought.
David K. Skidmore, Director of SUN, was the latest SUN insider to buy. They bought $46,890.00 worth of SUN stock on Apr 17, 2024.
Learn more about who owns SUN shares here.
Does SUN provide a stable income stream?
Sunoco pays a dividend of 5.95%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.37%. If you owned $1,000 worth of SUN stock, you would have received $59.46 in the past 12 months.
Sunoco dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Sunoco dividend yield and history here.
What others are saying about SUN
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your SUN trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and your broker will execute the order.
If you require more info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your SUN position
Now that you own some SUN shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to monitor your SUN stock.
SUN Feed
How to Buy Stock in Sunoco
To summarize, here are the 6 steps to buy stock in Sunoco:
- Choose where to buy Sunoco stock
- Open a brokerage account
- Fund your investment account
- Research Sunoco stock
- Place your SUN trade
- Get the latest scoop on your SUN position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Sunoco, add SUN to your watchlist below.
More "How To" Guides You Might Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.