Media headlines about Alon USA Energy (NYSE:ALJ) have been trending positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alon USA Energy earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 46.0357599854602 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of brokerages have recently weighed in on ALJ. TheStreet upgraded Alon USA Energy from a “d+” rating to a “c” rating in a research report on Monday, May 8th. Citigroup Inc. reiterated a “buy” rating and issued a $14.50 price objective (down from $16.00) on shares of Alon USA Energy in a research report on Saturday, April 22nd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Alon USA Energy presently has an average rating of “Hold” and a consensus price target of $11.50.
Shares of Alon USA Energy (ALJ) opened at 13.32 on Thursday. The company has a 50-day moving average price of $12.92 and a 200-day moving average price of $12.12. Alon USA Energy has a 12 month low of $5.86 and a 12 month high of $13.97.
Alon USA Energy (NYSE:ALJ) last issued its earnings results on Monday, May 8th. The oil and gas company reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.27. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.07 billion. Alon USA Energy had a net margin of 0.89% and a return on equity of 5.65%. The company’s quarterly revenue was up 35.4% compared to the same quarter last year. During the same period last year, the company posted ($0.42) earnings per share. Equities research analysts anticipate that Alon USA Energy will post ($0.17) earnings per share for the current year.
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Alon USA Energy Company Profile
Alon USA Energy, Inc is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company’s segments include refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products.
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