Shares Of SunCoke Energy Inc (NYSE: SXC): Are They Overvalued Compared To Others?

SunCoke Energy Inc (NYSE:SXC) shares, rose in value on Friday, January 03, with the stock price down by -1.70% to the previous day’s close as strong demand from buyers drove the stock to $10.39.

Actively observing the price movement in the last trading, the stock closed the session at $10.57, falling within a range of $10.32 and $10.55. The value of beta (5-year monthly) was 1.002 whereas the PE ratio was 10.30 over 12-month period. Referring to stock’s 52-week performance, its high was $12.82, and the low was $7.47. On the whole, SXC has fluctuated by -17.54% over the past month.

With the market capitalization of SunCoke Energy Inc currently standing at about $873.72 million, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.44, with its dividend yield at 4.23%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.82B, with a low estimate of 362.1M and a high estimate of 384.9M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 373.5M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SXC’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.

The stock’s technical analysis shows that the PEG ratio is about 1.29, with the price of SXC currently trading nearly -8.41% and -8.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 24.82, while the 7-day volatility ratio is showing 2.31% which for the 30-day chart, stands at 2.63%. Furthermore, SunCoke Energy Inc (SXC)’s beta value is 1.06, and its average true range (ATR) is 0.30.

A comparison of SunCoke Energy Inc (SXC) with its peers suggests the former has fared considerably weaker in the market. SXC showed an intraday change of -1.70% in last session, and over the past year, it shrunk by -3.80%%.

Data on historical trading for SunCoke Energy Inc (NYSE:SXC) indicates that the trading volumes over the past 10 days have averaged 1.59 and over the past 3 months, they’ve averaged 888.97K. According to company’s latest data on outstanding shares, there are 84.09 million shares outstanding.

Nearly 1.11% of SunCoke Energy Inc’s shares belong to company insiders and institutional investors own 90.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.35 million shares as on 2024-12-13, resulting in a short ratio of 6.22. According to the data, the short interest in SunCoke Energy Inc (SXC) stood at 635.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 2.75 million. The stock has fallen by -2.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SXC stock heading into the next quarter.

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