$0.52 EPS Expected for PBF Logistics LP (PBFX)
April 2, 2018 – By Hazel Jackson
Investors sentiment increased to 1.44 in Q4 2017. Its up 0.44, from 1 in 2017Q3. It is positive, as 5 investors sold PBF Logistics LP shares while 11 reduced holdings. 8 funds opened positions while 15 raised stakes. 14.04 million shares or 4.31% less from 14.68 million shares in 2017Q3 were reported.
Nbw Cap Ltd Liability Corp reported 2.06% stake. Clearbridge Investments Ltd Co holds 0.07% or 3.83M shares. Wells Fargo & Company Mn, a California-based fund reported 121,028 shares. Advantus Cap Mgmt has 0.05% invested in PBF Logistics LP (NYSE:PBFX) for 105,896 shares. Alps Advsr invested 0% of its portfolio in PBF Logistics LP (NYSE:PBFX). Meristem Llp stated it has 10,000 shares. Green Square Capital Limited Liability Com reported 0.35% in PBF Logistics LP (NYSE:PBFX). Spirit Of America Mgmt Corporation invested 0.08% in PBF Logistics LP (NYSE:PBFX). Bamco New York stated it has 0.08% in PBF Logistics LP (NYSE:PBFX). Tower Rech Cap Limited Com (Trc) accumulated 0.02% or 8,414 shares. Pnc Serv Gp Incorporated invested 0% of its portfolio in PBF Logistics LP (NYSE:PBFX). Barclays Public Limited has invested 0% in PBF Logistics LP (NYSE:PBFX). Raymond James And Associate invested in 25,750 shares. Bb&T has 10,000 shares. Sumitomo Mitsui Tru Holdg Inc has 0% invested in PBF Logistics LP (NYSE:PBFX).
Analysts expect PBF Logistics LP (NYSE:PBFX) to report $0.52 EPS on May, 3.They anticipate $0.03 EPS change or 5.45 % from last quarter’s $0.55 EPS. PBFX’s profit would be $21.79M giving it 8.87 P/E if the $0.52 EPS is correct. After having $0.50 EPS previously, PBF Logistics LP’s analysts see 4.00 % EPS growth. The stock increased 1.37% or $0.25 during the last trading session, reaching $18.45. About 55,327 shares traded. PBF Logistics LP (NYSE:PBFX) has declined 12.53% since April 2, 2017 and is downtrending. It has underperformed by 24.08% the S&P500.
PBF Logistics LP (NYSE:PBFX) Ratings Coverage
Among 2 analysts covering PBF Logistics (NYSE:PBFX), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PBF Logistics had 2 analyst reports since October 17, 2017 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Tuesday, March 27 report. The rating was maintained by UBS on Tuesday, October 17 with “Buy”.
PBF Logistics LP owns, leases, acquires, develops, and operates crude oil and refined petroleum products terminals, pipelines, storage facilities, and other logistics assets in the United States. The company has market cap of $773.07 million. It operates through two divisions, Transportation and Terminaling, and Storage. It has a 8.51 P/E ratio. The company??s assets include Delaware City rail unloading terminal, a light crude oil rail unloading terminal, which serves Delaware City and Paulsboro refineries; Toledo truck terminal, a crude oil truck unloading terminal that serves Toledo refinery; DCR West Rack, a heavy crude oil unloading facility, which serves Delaware City refinery; and a terminaling facility that consists of 27 propane storage bullets and a truck loading facility.
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