News headlines about PBF Energy (NYSE:PBF) have trended positive recently, AlphaOne Sentiment Analysis reports. AlphaOne, a division of Accern, ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PBF Energy earned a media sentiment score of 0.27 on AlphaOne’s scale. AlphaOne also assigned news articles about the oil and gas company an impact score of 80 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have effected AlphaOne Sentiment’s rankings:

Insider Buying and Selling by Quarter for PBF Energy (NYSE:PBF)

A number of analysts recently commented on PBF shares. Barclays PLC restated an “outperform” rating on shares of PBF Energy in a research note on Friday, April 14th. Vetr upgraded shares of PBF Energy from a “buy” rating to a “strong-buy” rating in a research note on Thursday, April 6th. Goldman Sachs Group, Inc. (The) upgraded shares of PBF Energy from a “sell” rating to a “neutral” rating and increased their target price for the stock from $22.00 to $23.00 in a research note on Wednesday, April 5th. They noted that the move was a valuation call. Royal Bank of Canada reissued a “hold” rating and issued a $24.00 price target on shares of PBF Energy in a report on Monday, March 20th. Finally, Scotiabank reissued a “buy” rating and issued a $24.00 price target on shares of PBF Energy in a report on Monday, March 27th. Eleven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $23.95.

PBF Energy (PBF) traded up 5.61% during midday trading on Friday, hitting $21.82. 5,325,247 shares of the stock traded hands. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 13.06 and a beta of 1.42. PBF Energy has a 52-week low of $18.48 and a 52-week high of $30.98. The firm’s 50-day moving average is $21.32 and its 200-day moving average is $23.22.

PBF Energy (NYSE:PBF) last announced its quarterly earnings data on Thursday, May 4th. The oil and gas company reported ($0.20) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.46) by $0.26. PBF Energy had a negative return on equity of 4.20% and a net margin of 0.95%. The business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.29 billion. During the same period in the previous year, the company posted ($0.65) earnings per share. The business’s revenue for the quarter was up 69.8% on a year-over-year basis. Analysts predict that PBF Energy will post $1.02 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 31st. Stockholders of record on Tuesday, May 16th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date was Friday, May 12th. PBF Energy’s dividend payout ratio is presently 68.97%.

In other PBF Energy news, insider Connor Thomas L. O bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 26th. The stock was purchased at an average price of $20.17 per share, for a total transaction of $201,700.00. Following the completion of the purchase, the insider now directly owns 105,135 shares in the company, valued at $2,120,572.95. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Thomas J. Nimbley bought 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 30th. The shares were acquired at an average price of $19.69 per share, with a total value of $984,500.00. Following the purchase, the chief executive officer now owns 290,000 shares of the company’s stock, valued at $5,710,100. The disclosure for this purchase can be found here. Insiders own 2.55% of the company’s stock.

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PBF Energy Company Profile

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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