Barclays Capital Gives Underweight Rating to Alon USA Energy (ALJ)
Several other analysts have also recently commented on the stock. Analysts at Dahlman Rose initiated coverage on shares of Alon USA Energy in a research note to investors on Thursday, April 26th. They set a “hold” rating on the stock. Analysts at Macquarie upgraded shares of Alon USA Energy from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, February 14th.
Alon USA Energy traded up 1.25% on Monday, hitting $8.12. Alon USA Energy has a 52-week low of $5.35 and a 52-week high of $13.39. The company’s market cap is $454.0 million.
Alon USA Energy last posted its quarterly earnings results on Thursday, March 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by $0.10. The company’s revenue for the quarter was up 38.2% on a year-over-year basis. Analysts expect that Alon USA Energy will post $0.51 EPS next quarter.
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.