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.
A number of analysts gave price targets for PBF. The most optimistic price target was 33.5, implying a possible profit of 50.9 percent. The most pessimistic price target was 17, implying potential capital losses of -23.42 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -89.57 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -43.03 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 7 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 7 analysts that revised their FY estimates downwards.
The growth rate of PBF's earnings is estimated by analysts to be -65.05 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. PBF has a PEG ratio of -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 lower than its 52-week 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.