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 analyst gave a price target of 33.5, implying potential capital gains of 50.9 percent. The minimum price target given was 17, implying potential capital losses 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. If we look at the last 90 days instead, we find a net average change of -43.03 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 7 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 7 analysts decreased their estimates.
Analysts estimate earnings of PBF to grow at a rate of -65.05 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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 below the high by 28.34 percent. PBF has a P/E 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 will post this quarters earnings in days, on 0000-00-00.