Zacks Investment Research lowered shares of SunCoke Energy Partners (NYSE:SXCP) from a buy rating to a hold rating in a research note issued to investors on Thursday.

According to Zacks, “SunCoke Energy Partners L.P. manufactures metallurgical coke used in the blast furnace production of steel. SunCoke Energy Partners, L.P. is based in Lisle, Illinois. “

Several other analysts have also recently weighed in on the stock. ValuEngine cut shares of SunCoke Energy Partners from a sell rating to a strong sell rating in a report on Thursday, December 20th. B. Riley reiterated a buy rating and issued a $20.00 price target on shares of SunCoke Energy Partners in a report on Friday, November 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $18.25.

SXCP stock opened at $12.46 on Thursday. The company has a market cap of $569.52 million, a price-to-earnings ratio of 7.55 and a beta of 1.32. SunCoke Energy Partners has a one year low of $9.61 and a one year high of $21.95. The company has a current ratio of 1.31, a quick ratio of 0.65 and a debt-to-equity ratio of 1.31.

SunCoke Energy Partners (NYSE:SXCP) last issued its earnings results on Thursday, October 25th. The energy company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.09). The firm had revenue of $224.10 million during the quarter, compared to analysts’ expectations of $221.28 million. SunCoke Energy Partners had a return on equity of 13.19% and a net margin of 16.37%. On average, analysts anticipate that SunCoke Energy Partners will post 1.31 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. Blair William & Co. IL bought a new stake in shares of SunCoke Energy Partners during the 3rd quarter valued at $198,000. NEXT Financial Group Inc bought a new position in SunCoke Energy Partners in the 3rd quarter worth about $137,000. Acadian Asset Management LLC boosted its stake in SunCoke Energy Partners by 45.4% in the 3rd quarter. Acadian Asset Management LLC now owns 162,167 shares of the energy company’s stock worth $2,473,000 after purchasing an additional 50,598 shares in the last quarter. Van ECK Associates Corp boosted its stake in SunCoke Energy Partners by 10.9% in the 2nd quarter. Van ECK Associates Corp now owns 155,134 shares of the energy company’s stock worth $2,327,000 after purchasing an additional 15,217 shares in the last quarter. Finally, Arrow Investment Advisors LLC boosted its stake in SunCoke Energy Partners by 22.6% in the 3rd quarter. Arrow Investment Advisors LLC now owns 32,364 shares of the energy company’s stock worth $494,000 after purchasing an additional 5,976 shares in the last quarter. Hedge funds and other institutional investors own 8.10% of the company’s stock.

About SunCoke Energy Partners

SunCoke Energy Partners, L.P., a master limited partnership, produces and sells coke used in the blast furnace production of steel in the United States. It operates through two segments, Domestic Coke and Logistics. The company also provides metallurgical and thermal coal mixing and handling terminal services, as well as operates Convent Marine Terminal, an export terminal in the United States Gulf Coast located in Convent, Louisiana.

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