Analysts are projecting PBF Logistics LP (NYSE:PBFX) to grow at an accelerated rate over the next five years. Sell-side analysts are looking for the company to grow 17.38% over the next year and 8.26% over the next five years.
Investors may already be plotting the course for the next few quarters. Many investing decisions may need to be made after the next round of company earnings reports are released. Studying the numbers can help the investor see whether or not the stock’s prospects look good in the near term as well as the longer term. It remains to be seen whether optimism in the stock market will continue into the next year. Investors will closely be monitoring the major economic data reports over the next couple of months. While nobody can be sure which way the momentum will shift, preparing for multiple market scenarios may greatly help the investor if changes start to occur.
PBF Logistics LP (NYSE:PBFX)’s trailing 12- months EPS is 1.62. Last year, their EPS growth was -20.40% and their EPS growth over the past five years was 37.90%.
Let’s start off by taking a look at how the stock has been performing recently. Over the past twelve months, PBF Logistics LP (NYSE:PBFX)’s stock was -0.30%. Last week, it was -3.47%, 0.10% over the last quarter, and -10.93% for the past half-year.
Over the past 50 days, PBF Logistics LP stock was -8.91% off of the high and 2.30% removed from the low. Their 52-Week High and Low are noted here. -15.41% (High), 4.54%, (Low).
PBF Logistics LP (NYSE:PBFX)’s performance this year to date is -0.30%. The stock has performed -3.47% over the last seven days, -8.12% over the last thirty, and 0.10% over the last three months. Over the last six months, PBF Logistics LP’s stock has been -10.93% and -9.93% for the year.
FUTURE GROWTH ESTIMATES AND RECOMMENDATIONS
Wall Street analysts are have a consensus analyst recommendation of 2.20 on the stock. This is based on a 1-5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Brokerages covering the name have a $24.25 on the stock.
Trying to extract profits from the stock market is not the easiest of tasks. In fact, it can be quite difficult. Amateur traders may be faced with tough challenges right out of the gate. Some traders may experience some crushing blows, and they have to figure out early on how to steady the ship. Completing all the necessary research can help the trader build a solid foundation, but when the rubber hits the road, it may take more than that just to stay afloat. Developing the proper mindset can be one of the biggest contributing factors for success in trading the stock market. This may take some time to achieve, but it may make all the difference when attempting to reach the goal of long lasting success.
The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.