Alert: New Earnings Report (5/1/24)-SunCoke Energy Inc (NYSE: SXC).

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SunCoke Energy Inc (NYSE: SXC) has reported E.P.S. of $0.24 for its first fiscal quarter (ending March 31) versus $0.19 for the same period a year ago — an increase of 26%. For the latest four quarters through March 31, E.P.S. were $0.72 compared to $1.03 a year ago — a decline of -30%.

Recent Price Action

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SunCoke Energy Inc (NYSE: SXC) stock declined by -4.5% on 5/1/24. The shares closed at $9.85. Moreover, this decline was accompanied by above average trading volume at 143% of normal. The stock has declined -7.9% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

SXC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

SunCoke Energy has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SunCoke Energy has a neutral Appreciation Score of 54 but a very high Power Rating of 85, producing the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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