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.
PBF was given price targets by several analysts. The most optimistic price target was 33.5, implying potential capital gains of 50.9 percent. The minimum price target given was 17, which equates to a potential downside of -23.42 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -89.57 percent. That number becomes -90.92 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -51.88 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 7 analysts revised their estimates downwards. 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.
Analysts estimate earnings of PBF to grow at a rate of -65.05 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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, but many choose to perform ratio comparisons with other companies 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. The current market price is above the trailing year's low by 20.13 percent, 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 stock has a market capitalization of $2.44 billion. PBF is estimated to release their earnings results for the quarter on 0000-00-00, days from today.