News articles about PBF Energy (NYSE:PBF) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. PBF Energy earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the oil and gas company an impact score of 47.5873054155036 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- PBF Energy Inc. to Issue Quarterly Dividend of $0.30 (PBF) (americanbankingnews.com)
- PBF Energy Inc. (PBF) Releases Quarterly Earnings Results, Beats Expectations By $0.80 EPS (americanbankingnews.com)
- PBF ENERGY INC. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- BRIEF-PBF Energy Q3 earnings per share $2.85 (reuters.com)
- PBF Energy, Inc. Class A to Host Earnings Call (finance.yahoo.com)
PBF has been the topic of a number of research reports. Piper Jaffray Companies reiterated a “hold” rating and issued a $20.00 price target on shares of PBF Energy in a report on Friday, July 14th. Tudor Pickering upgraded shares of PBF Energy from a “sell” rating to a “hold” rating in a report on Friday, September 1st. ValuEngine upgraded shares of PBF Energy from a “sell” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub downgraded shares of PBF Energy from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, 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. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. PBF Energy has an average rating of “Hold” and an average target price of $26.22.
Shares of PBF Energy (PBF) opened at $30.83 on Friday. The company has a current ratio of 1.32, a quick ratio of 0.42 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 65.38, a PEG ratio of 2.45 and a beta of 1.42.
PBF Energy (NYSE:PBF) last posted its quarterly earnings data on Thursday, November 2nd. The oil and gas company reported $1.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.22. PBF Energy had a return on equity of 2.39% and a net margin of 1.14%. The firm had revenue of $5.48 billion during the quarter, compared to analyst estimates of $4.90 billion. During the same period last year, the company posted ($0.16) EPS. The business’s quarterly revenue was up 21.4% on a year-over-year basis. equities analysts forecast that PBF Energy will post 1.26 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 29th. Stockholders of record on Monday, November 13th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Friday, November 10th. PBF Energy’s dividend payout ratio (DPR) is presently 57.42%.
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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