It Seems SunCoke Energy, Inc. (SXC) Will Go Up. Just Reaches 52-Week High

June 13, 2018 - By Louis Casey

Investors sentiment increased to 1.73 in Q1 2018. Its up 0.37, from 1.36 in 2017Q4. It increased, as 15 investors sold SunCoke Energy, Inc. shares while 41 reduced holdings. 35 funds opened positions while 62 raised stakes. 56.25 million shares or 0.99% more from 55.70 million shares in 2017Q4 were reported.
Great West Life Assurance Can holds 81,571 shares. Bridgeway Capital holds 0.1% or 858,400 shares. Bogle Invest Mgmt Lp De accumulated 124,876 shares. Tci Wealth Advsrs reported 0% stake. Pub Sector Pension Board holds 0% in SunCoke Energy, Inc. (NYSE:SXC) or 40,638 shares. Massachusetts-based Geode Cap Mgmt Limited Liability has invested 0% in SunCoke Energy, Inc. (NYSE:SXC). Cubist Systematic Strategies Lc reported 16,283 shares. Metropolitan Life Ins New York invested 0% of its portfolio in SunCoke Energy, Inc. (NYSE:SXC). Gargoyle Investment Advisor Ltd Com stated it has 0.11% in SunCoke Energy, Inc. (NYSE:SXC). Gator Mgmt Limited has invested 0.38% in SunCoke Energy, Inc. (NYSE:SXC). Pnc Fin Ser Grp Inc invested in 0% or 41,386 shares. Koch Industry holds 0.02% of its portfolio in SunCoke Energy, Inc. (NYSE:SXC) for 21,959 shares. Moreover, Ameritas Invest Partners has 0% invested in SunCoke Energy, Inc. (NYSE:SXC). Moreover, Destination Wealth has 0% invested in SunCoke Energy, Inc. (NYSE:SXC) for 77 shares. Oakworth accumulated 88 shares.

The stock of SunCoke Energy, Inc. (NYSE:SXC) hit a new 52-week high and has $14.32 target or 3.00 % above today’s $13.90 share price. The 8 months bullish chart indicates low risk for the $898.76 million company. The 1-year high was reported on Jun, 13 by If the $14.32 price target is reached, the company will be worth $26.96M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.57% or $0.08 during the last trading session, reaching $13.9. About 529,835 shares traded or 20.91% up from the average. SunCoke Energy, Inc. (NYSE:SXC) has risen 46.97% since June 13, 2017 and is uptrending. It has outperformed by 34.40% the S&P500.

Analysts await SunCoke Energy, Inc. (NYSE:SXC) to report earnings on July, 26. They expect $0.04 EPS, up 157.14 % or $0.11 from last year’s $-0.07 per share. SXC’s profit will be $2.59M for 86.88 P/E if the $0.04 EPS becomes a reality. After $0.13 actual EPS reported by SunCoke Energy, Inc. for the previous quarter, Wall Street now forecasts -69.23 % negative EPS growth.

SunCoke Energy, Inc. (NYSE:SXC) Ratings Coverage

Among 3 analysts covering SunCoke Energy (NYSE:SXC), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. SunCoke Energy had 4 analyst reports since March 6, 2018 according to SRatingsIntel. B. Riley & Co maintained the stock with “Buy” rating in Tuesday, March 6 report. The rating was maintained by B. Riley & Co on Monday, April 30 with “Buy”.

SunCoke Energy, Inc. operates as an independent producer of coke in the Americas. The company has market cap of $898.76 million. The firm operates through four divisions: Domestic Coke, Brazil Coke, Coal Logistics, and Coal Mining. It has a 6.99 P/E ratio. The firm offers metallurgical and thermal coal.

SunCoke Energy, Inc. (NYSE:SXC) Institutional Positions Chart

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