Looking at top Wall Street opinions, PBF Energy Inc. (NYSE: PBF) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Neutral in the eyes of Goldman, whereas its previous rating was Sell in the eyes of Goldman, as reported on Monday, August 5th, 2019. Another heavy-hitting research note was published by Cowen on Friday August 2nd, 2019, with this firm Reiterated PBF to an updated rating of Market Perform. In the past six months and three months of trading, shares of PBF Energy Inc. (PBF) have moved by -35.42% and -22.64%, respectively.
Brokerage Updates Related to PBF Energy Inc. (PBF) Stock
This publicly-traded organization generated losses of -2.32% over the last 5 sessions. Right now, this stock is the subject of 16 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 2 have given an underperform rating, 0 has given a sell rating, and 1 have given a rating of Buy or better. Based on the 16 stock market experts following this company, the average 12-month price target is $37.71. Moreover, individual price targets range between $27.00-$55.00. With its recent move to $36.00, we can see that these firms project this stock will loss by -53.12% in one year.
Updates from PBF Energy Inc. (PBF) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.60% rise since the beginning of the calendar year. A Add’l Rep. Persons-see Ex.99-1 at PBF Energy Inc. (PBF) bought some of its shares in a transaction that was finalized on Aug 12. Similarly, Inversora Carso, S.A. de C.V. bought 65,612 shares of the organization’s stock at $22.88 apiece and racked up $1,500,960 in earnings from the purchase. Now, Inversora Carso, S.A. de C.V. holds 16,032,510 shares of the company following the exchange. A Add’l Rep. Persons-see Ex.99-1 of the organization named Inversora Carso, S.A. de C.V., was engaged in a transaction that occurred on Aug 08 that managed to be worth $3,174,843 from the purchase of 140,200 common shares at a price of $22.65 per individual share.
PBF Energy Inc. (NYSE:PBF) Results in the Pipeline
The next scheduled release of financial results for PBF Energy Inc. will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be -$0.94. In the same vein, they expect sales for the quarter to amount to $5,176.79 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $5,216.20 million in revenue alongside EPS at -$1.18. On average, the analyst projection was calling for $6,292.87 million with $1.03 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $7,646.36 million, with earnings per share ending up at $1.13.
Pricing Indications for BGC Partners, Inc. (BGCP)
This organization has had a price-to-earnings ratio of 20.74 in the last year. Meanwhile, it gained 5.27 from its observable 50-day simple moving average. Right at this moment, the per-share value is -12.28% lower than the mean per-share price over the last 200 days in the market.
BGC Partners, Inc. (NASDAQ:BGCP) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 1 have a Buy rating, 0 have an outperform rating, while 0 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at , based on information from Thomson Reuters.
BGCP Stock Value Potential
In trading activity as of late, this stock’s value was 6.21 up from its 200 day moving average, while also -4.59% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $8.00-$9.00. The market value for the entire organization reached 2.60B. In the last trading session, the price ended the day at $5.02. The institutional holdings related to this organization account for 4.80%, and the Beta factor is now 1.58. This company’s RSI (Relative Strength Index) managed to hit 38.88.
BGC Partners, Inc. (NASDAQ:BGCP) Analyst Points of Focus
BGC Partners, Inc. (BGCP) has found itself inside of Raymond James’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Strong Buy, by Raymond James, as garnered from a news report on Wednesday July 29th, 2015. An additional helpful research note was sent out by Raymond James’s on Monday July 6th, 2015. The brokerage decided to upgrade BGCP to Strong Buy from its previous rating of Outperform.