Press coverage about PBF Energy (NYSE:PBF) has been trending somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PBF Energy earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 46.1312459035343 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
PBF has been the topic of a number of research reports. Citigroup boosted their price objective on PBF Energy from $37.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. Goldman Sachs Group lowered PBF Energy from a “neutral” rating to a “sell” rating in a report on Tuesday, November 28th. Scotiabank reaffirmed a “buy” rating and set a $40.00 target price on shares of PBF Energy in a report on Thursday, December 21st. Zacks Investment Research raised PBF Energy from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a report on Saturday, December 23rd. Finally, JPMorgan Chase & Co. lowered PBF Energy from a “neutral” rating to an “underweight” rating in a report on Tuesday, December 12th. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $34.40.
PBF Energy (NYSE PBF) opened at $31.26 on Friday. PBF Energy has a twelve month low of $18.48 and a twelve month high of $37.01. The company has a current ratio of 1.57, a quick ratio of 0.66 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $3,460.00, a PE ratio of 9.19, a PEG ratio of 0.89 and a beta of 1.24.
PBF Energy (NYSE:PBF) last issued its quarterly earnings data on Thursday, February 15th. The oil and gas company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.25). PBF Energy had a return on equity of 4.97% and a net margin of 1.91%. The business had revenue of $6.54 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the firm posted ($0.71) EPS. The firm’s revenue for the quarter was up 37.6% compared to the same quarter last year. research analysts forecast that PBF Energy will post 3.44 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 14th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.84%. The ex-dividend date was Tuesday, February 27th. PBF Energy’s payout ratio is 35.29%.
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About PBF Energy
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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