Impact of Brokerage Rating on Alon USA Energy, Inc.(ALJ)

Many Alon USA Energy, Inc.(ALJ) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Alon USA Energy was Upgraded by Piper Jaffray to Neutral on Nov 18, 2016.

Company has reported several Insider transactions to the SEC, on Aug 24, 2016, David Wiessman (Executive Director) sold 70,000 shares at 7.30 per share price.On Aug 8, 2016, Michael Oster (Sr. VP-Mergers & Acquisitions) sold 18,500 shares at 7.33 per share price.On May 19, 2016, Franklin R. Wheeler (director) purchased 2,000 shares at 7.91 per share price.

Alon USA Energy Last issued its quarterly earnings results on Oct 27, 2016. The company reported $-0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $-0.10. The company had revenue of $1043.70 million for the quarter, compared to analysts expectations of $944.96 million. The companys revenue was down -9.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.60 EPS.

Alon USA Energy, Inc. (NYSE:ALJ) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3 by 4 Brokerage Firm. 4 Brokerage Firms have advised hold.

Alon USA Energy, Inc. (NYSE:ALJ): The mean estimate for the short term price target for Alon USA Energy, Inc. (NYSE:ALJ) stands at $11 according to 4 Analysts. The higher price target estimate for the stock has been calculated at $12 while the lower price target estimate is at $10.

Alon USA Energy, Inc. (NYSE:ALJ) rose 2.78% or 0.31 points on Tuesday and made its way into the gainers of the day. After trading began at $11.15 the stock was seen hitting $11.49 as a peak level and $11.07 as the lowest level. The stock ended up at $11.46. The daily volume was measured at 1,041,823 shares. The 52-week high of the share price is $13.01 and the 52-week low is $5.86. The company has a market cap of $820 million.

Alon USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the Southwestern and South Central regions of the United States. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt in the State of Texas. The Company also operates convenience stores in West Texas and New Mexico under the 7-Eleven and FINA brand names and supplies motor fuels to these stores from its Big Spring refinery.


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