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 highest price target was 33.5, implying potential capital gains of 50.9 percent. The minimum price target given was 17, implying a possible loss of -23.42 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -43.03 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 7 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY 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. Investors like to see smaller values for the PEG ratio, 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PBF is -0.2.
In the last 52-weeks, PBF has achieved a high of 30.98 and a 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.