CST Brands Inc (CST) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

CST Brands Inc (NYSE:CST) issued its earnings results on Monday. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.35 by $0.12. CST Brands had a return on equity of 8.16% and a net margin of 3.63%. The business had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the business posted $0.55 EPS. CST Brands’s revenue was up 12.7% on a year-over-year basis.

CST Brands (NYSE:CST) traded down 0.08% on Friday, reaching $48.28. The company’s stock had a trading volume of 295,295 shares. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 11.39 and a beta of 1.08. The firm’s 50 day moving average price is $48.28 and its 200-day moving average price is $48.12. CST Brands has a 52 week low of $36.02 and a 52 week high of $48.50.

Earnings History for CST Brands (NYSE:CST)

Separately, Zacks Investment Research lowered CST Brands from a “hold” rating to a “sell” rating in a research report on Monday, January 16th. One research analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $43.88.

In other CST Brands news, SVP Gerard J. Sonnier sold 1,865 shares of the business’s stock in a transaction dated Tuesday, March 14th. The stock was sold at an average price of $48.27, for a total transaction of $90,023.55. Following the completion of the sale, the senior vice president now owns 14,829 shares of the company’s stock, valued at $715,795.83. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.09% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. Ladenburg Thalmann Financial Services Inc. increased its stake in CST Brands by 36.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,759 shares of the company’s stock worth $132,000 after buying an additional 737 shares during the period. Sphinx Trading LP purchased a new stake in CST Brands during the third quarter worth about $144,000. Creative Planning increased its stake in CST Brands by 12.9% in the third quarter. Creative Planning now owns 3,399 shares of the company’s stock worth $163,000 after buying an additional 389 shares during the period. Meeder Asset Management Inc. purchased a new stake in CST Brands during the third quarter worth about $189,000. Finally, Regentatlantic Capital LLC purchased a new stake in CST Brands during the third quarter worth about $209,000. 85.56% of the stock is owned by hedge funds and other institutional investors.

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About CST Brands

CST Brands, Inc (CST) is a holding company. The Company is an independent retail of motor fuel and convenience merchandise in the United States and eastern Canada. Its segments include U.S. Retail, Canadian Retail and CrossAmerica. As of December 31, 2016, its U.S. Retail segment had 1,167 Company-operated retail sites located in Arkansas, Arizona, Colorado, Florida, Georgia, Louisiana, New Mexico, New York, Oklahoma and Texas.

5 Day Chart for NYSE:CST

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