Media stories about PBF Energy (NYSE:PBF) have been trending somewhat positive on Monday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PBF Energy earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 47.5873054155036 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- PBF Energy Inc. (PBF) Raised to Buy at Zacks Investment Research (americanbankingnews.com)
- PBF Energy Inc. (NYSE: PBF) – Why Day Traders Usually Trade on In Play Stocks? – Alpha Beta Stock (alphabetastock.com)
- 4 Refiners Could See Massive Earnings Increase From Trump Tax Bill (247wallst.com)
- Ex-Dividend Reminder: PBF Energy, Spectra Energy Partners and Exxon Mobil (forbes.com)
- Research Report Identifies Quintiles IMS Holdings, CommScope, KapStone Paper and Packaging, Cadence, ILG, and PBF with Renewed Outlook – Fundamental Analysis, Calculating Forward Movement (finance.yahoo.com)
PBF has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of PBF Energy from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Saturday, November 4th. Royal Bank Of Canada reissued a “hold” rating and issued a $30.00 target price on shares of PBF Energy in a research note on Tuesday, November 7th. Scotiabank set a $24.00 price target on shares of PBF Energy and gave the company a “buy” rating in a report on Thursday, August 3rd. BidaskClub lowered shares of PBF Energy from a “hold” rating to a “sell” rating in a report on Wednesday, August 16th. Finally, Barclays PLC reissued an “underweight” rating and set a $26.00 price objective (up from $24.00) on shares of PBF Energy in a report on Tuesday, October 10th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. PBF Energy presently has a consensus rating of “Hold” and a consensus price target of $26.56.
PBF Energy (NYSE PBF) opened at $31.29 on Monday. The firm has a market cap of $3,443.03, a P/E ratio of 66.57, a PEG ratio of 1.97 and a beta of 1.42. The company has a quick ratio of 0.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.81. PBF Energy has a 1 year low of $18.48 and a 1 year high of $32.05.
PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, November 2nd. The oil and gas company reported $1.44 EPS for the quarter, beating the Zacks’ consensus estimate of $1.22 by $0.22. PBF Energy had a net margin of 1.14% and a return on equity of 2.35%. The firm had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the previous year, the firm posted ($0.16) earnings per share. The firm’s revenue was up 21.4% on a year-over-year basis. research analysts predict that PBF Energy will post 1.59 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.84%. The ex-dividend date of this dividend is Friday, November 10th. PBF Energy’s payout ratio is 57.42%.
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PBF Energy Company Profile
PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.
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