Somewhat Favorable Media Coverage Somewhat Unlikely to Impact PBF Energy (PBF) Share Price

Headlines about PBF Energy (NYSE:PBF) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. PBF Energy earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 46.4215637186109 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

PBF has been the topic of a number of research reports. TheStreet raised shares of PBF Energy from a “c” rating to a “b” rating in a research note on Thursday, November 2nd. Tudor Pickering raised shares of PBF Energy from a “hold” rating to a “buy” rating in a research note on Monday, November 6th. Zacks Investment Research raised shares of PBF Energy from a “hold” rating to a “buy” rating and set a $34.00 target price on the stock in a research note on Saturday, November 4th. Scotiabank reissued a “buy” rating on shares of PBF Energy in a research note on Friday, November 3rd. Finally, Cowen reissued a “buy” rating and issued a $30.00 target price on shares of PBF Energy in a research note on Tuesday, October 17th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. PBF Energy has a consensus rating of “Hold” and a consensus price target of $30.22.

PBF Energy (NYSE PBF) traded down $0.91 during trading on Tuesday, reaching $35.10. 2,762,638 shares of the company traded hands, compared to its average volume of 1,977,767. PBF Energy has a 12-month low of $18.48 and a 12-month high of $37.01. The stock has a market cap of $3,860.00, a P/E ratio of 17.55, a price-to-earnings-growth ratio of 1.19 and a beta of 1.45. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.50 and a quick ratio of 0.50.

PBF Energy (NYSE:PBF) last released its quarterly earnings results on Thursday, November 2nd. The oil and gas company reported $1.44 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.22 by $0.22. PBF Energy had a net margin of 1.14% and a return on equity of 2.35%. The firm had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $4.90 billion. During the same quarter in the previous year, the firm posted ($0.16) EPS. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. sell-side analysts predict that PBF Energy will post 1.6 earnings per share for the current year.

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About PBF Energy

PBF Energy Inc (PBF Energy) is a holding company. The Company is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The Company operates through two segments: Refining and Logistics.

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