CAPL Stock Summary and Trading Ideas (Crossamerica Partners LP Common Units Representing Limited Partner Interests | NYSE:CAPL)

CrossAmerica Partners LP is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.

Crossamerica Partners LP Common Units Representing Limited Partner Interests trades on the NYSE stock market under the symbol CAPL.

As of April 26, 2024, CAPL stock price climbed to $23.29 with 36,213 million shares trading.

CAPL has a beta of 0.06, meaning it tends to be less sensitive to market movements. CAPL has a correlation of 0.00 to the broad based SPY ETF.

CAPL has a market cap of $883.92 million. This is considered a Small Cap stock.

Last quarter Crossamerica Partners LP Common Units Representing Limited Partner Interests reported $1 billion in Revenue and $.42 earnings per share. This fell short of revenue expectation by $-95 million and exceeded earnings estimates by $.20.

In the last 3 years, CAPL stock traded as high as $24.19 and as low as $17.27.

The top ETF exchange traded funds that CAPL belongs to (by Net Assets): DIV, TPYP, GPOW, KRUZ, MLPA.

CAPL has underperformed the market in the last year with a return of +21.1%, while the SPY ETF gained +27.4%. In the last 3 month period, CAPL fell short of the market, returning -0.8%, while SPY returned +4.6%. However, in the most recent 2 weeks CAPL has outperformed the stock market by returning +3.6%, while SPY returned -0.5%.

CAPL support price is $22.53 and resistance is $23.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CAPL stock will trade within this expected range on the day.