Analyst Ratings for PBF Energy Inc. (PBF)Updated: 2017-07-28
PBF Energy Inc. (NYSE:PBF) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for PBF last month.
A buy rating was issued by 6 analysts, 0 issued an overweight rating, 8 issued a hold rating, 1 issued an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for PBF. The most optimistic price target was 33.5, implying a possible profit of 50.9 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of -23.42 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -89.57 percent. The average change in earnings estimates over the last 90 days is -90.92 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -51.88 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -43.03 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 7 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 7 analysts made negative revisions to their fiscal year's estimates.
The growth rate of PBF's earnings is estimated by analysts to be -65.05 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PBF is -0.2.
PBF has a 52-week high of 30.98 and a 52-week low of 18.48. Currently the stock is 20.13 percent higher than its low, and 28.34 percent below the high. PBF has a price/earnings ratio of 12.72. Investors typically compare the P/E ratio to a company's peers in the industry. The PBF value stock report compares PBF to some of its peers using value stock charts. The market cap of PBF is $2.44 billion. PBF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.