Media stories about PBF Energy (NYSE:PBF) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PBF Energy earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.4122784204658 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Management Controls, Inc. (MCi) Introduces Mobility and Enhanced User Functionality with Track® v6.4 (einpresswire.com)
- Can PBF Energy Inc’s (PBF) ROE Continue To Surpass The Industry Average? (finance.yahoo.com)
- Spellbinding Stocks: ICICI Bank Limited, (NYSE: IBN), PBF Energy Inc., (NYSE: PBF), iBio, Inc., (NYSE: IBIO), NetApp … – Stocks In The News (press release) (tradingnewsnow.com)
- Manage Your Risk Before Making Any Investment Decision – PBF Energy Inc., (NYSE: PBF) – Stock Watch (stocksnewstimes.com)
- Hot Tickers: Gardner Denver Holdings, Inc. (GDI), PBF Energy Inc. (PBF) – Market Movers (financialqz.com)
PBF Energy (PBF) opened at $32.80 on Friday. The company has a current ratio of 1.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.81. PBF Energy has a 12-month low of $18.48 and a 12-month high of $33.75. The firm has a market cap of $3,616.88, a PE ratio of 69.94, a P/E/G ratio of 2.00 and a beta of 1.46.
PBF Energy (NYSE:PBF) last released its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported $1.44 earnings per share for the quarter, beating analysts’ consensus estimates of $1.22 by $0.22. PBF Energy had a net margin of 1.14% and a return on equity of 2.35%. The company had revenue of $5.48 billion for the quarter, compared to analyst estimates of $4.90 billion. During the same period last year, the firm earned ($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 1.65 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.66%. The ex-dividend date of this dividend was Friday, November 10th. PBF Energy’s dividend payout ratio is 57.42%.
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of PBF Energy from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Saturday, October 14th. ValuEngine upgraded shares of PBF Energy from a “sell” rating to a “hold” rating in a research report on Friday, September 1st. Barclays reiterated an “underweight” rating and set a $26.00 price objective (up from $24.00) on shares of PBF Energy in a research report on Tuesday, October 10th. Royal Bank Of Canada restated a “hold” rating and issued a $30.00 price target on shares of PBF Energy in a report on Tuesday, November 7th. Finally, Goldman Sachs Group cut shares of PBF Energy from a “neutral” rating to a “sell” rating in a report on Tuesday, November 28th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $28.00.
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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