Alon USA Energy, Inc. common st (NYSE:ALJ):
Alon USA Energy Announces Third Quarter 2016 Earnings Release And Conference Call Schedule.
The company is up by 0.13% since yesterday’s close of $7.97.
Additionally Alon USA Energy, Inc. common st recently announced a dividend for shareholders paid on Tuesday September 6th, 2016. The dividend payment was $0.150 per share for the quarter which is $0.60 annualized. The dividend yield was $7.22. The ex-dividend date was Wednesday the 17th of August 2016.
Shares of the company are trading at $7.98 which is marginally higher than $7.87, the 50 day moving average and which is a tad under the 200 day moving average of $8.29. The 50 day moving average was up $0.11 whereas the 200 day average was down by -3.77%.
In the last earnings report the EPS was $-0.95 and is expected to be $-1.11 for the current year with 70,980,000 shares outstanding. Analysts expect next quarter’s EPS will be $-0.39 with next year’s EPS projected to be $-0.39.
Several brokerage analysts have provided guidance on Alon USA Energy, Inc. common st. September 16 investment analysts at Piper Jaffray maintained a company rating of “Underweight” but raised the price target to $6.00 from $5.00. Citigroup began coverage of the stock by announcing an initial rating of “Buy” and establishing a price target of $10.50.
Barclays upgraded the stock and lowered the price target on July 13 cutting the price target from $21.00 to $8.00 and altering the rating from “Equal-weight” to “Equal-weight”. On July 13 the company was upgraded from “Equal-weight” to “Equal-weight” and a price target of $8.00 was set in a report issued by Barclays.
On June 10 JP Morgan maintained a stock rating of “Neutral” and lowered the price expectation from $20.00 to $7.00. On October 12 the stock rating was downgraded to “Equal-weight” from “Overweight” with a current price target of $21.00 in a report from Barclays.