$0.07 EPS Expected for OMNOVA Solutions Inc. (OMN); PBF Energy Has 1.49 Sentiment

March 15, 2018 - By Dolores Ford

PBF Energy Inc., together with its subsidiaries, engages in the refining and supply of petroleum products. The company has market cap of $3.54 billion. The firm operates through two divisions, Refining and Logistics. It has a 8.3 P/E ratio. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products.

Analysts expect OMNOVA Solutions Inc. (NYSE:OMN) to report $0.07 EPS on March, 28 before the open.They anticipate $0.02 EPS change or 40.00% from last quarter’s $0.05 EPS. OMN’s profit would be $3.14M giving it 38.57 P/E if the $0.07 EPS is correct. After having $0.10 EPS previously, OMNOVA Solutions Inc.’s analysts see -30.00% EPS growth. The stock decreased 1.37% or $0.15 during the last trading session, reaching $10.8. About 123,555 shares traded. OMNOVA Solutions Inc. (NYSE:OMN) has risen 33.59% since March 15, 2017 and is uptrending. It has outperformed by 16.89% the S&P500.

OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. The company has market cap of $483.95 million. The firm operates in two divisions, Performance Chemicals and Engineered Surfaces. It currently has negative earnings. The Performance Chemicals segment produces a range of latices, hollow plastic pigments, resins, binders, adhesives, specialty rubbers, antioxidants, and elastomeric modifiers, which are used in gas and oil drilling and production, specialty coatings, paper and packaging, carpet, nonwovens, construction, adhesives, tape, tires, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and thermoplastics, synthetic gloves, and various other specialty applications.

Among 3 analysts covering Omnova Solutions (NYSE:OMN), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Omnova Solutions had 8 analyst reports since September 28, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Tuesday, October 10 report. The rating was maintained by KeyBanc Capital Markets on Thursday, September 28 with “Hold”. The stock of OMNOVA Solutions Inc. (NYSE:OMN) has “Hold” rating given on Thursday, August 24 by KeyBanc Capital Markets. Jefferies maintained OMNOVA Solutions Inc. (NYSE:OMN) on Monday, August 28 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Wednesday, January 31. The stock has “Buy” rating by Jefferies on Friday, June 16. The stock of OMNOVA Solutions Inc. (NYSE:OMN) earned “Buy” rating by Deutsche Bank on Monday, September 28. As per Tuesday, July 18, the company rating was maintained by Jefferies.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.07, from 1.11 in 2017Q2. It dived, as 6 investors sold OMNOVA Solutions Inc. shares while 38 reduced holdings. 13 funds opened positions while 36 raised stakes. 38.61 million shares or 1.15% more from 38.17 million shares in 2017Q2 were reported. Moreover, State Street has 0% invested in OMNOVA Solutions Inc. (NYSE:OMN). Gsa Cap Ptnrs Llp holds 0.08% of its portfolio in OMNOVA Solutions Inc. (NYSE:OMN) for 105,694 shares. Goldman Sachs Grp holds 0% or 67,175 shares in its portfolio. Spark Investment Mgmt Limited Liability Company stated it has 203,400 shares or 0.12% of all its holdings. Envestnet Asset Mngmt reported 9,993 shares. Ameritas Ptnrs invested in 3,910 shares or 0% of the stock. Martingale Asset Mngmt L P stated it has 0.01% in OMNOVA Solutions Inc. (NYSE:OMN). Synovus Financial, Georgia-based fund reported 151,927 shares. Barclays Pcl reported 25,673 shares stake. Stevens Cap Management Limited Partnership invested in 0.01% or 15,141 shares. Perritt Capital Management reported 484,598 shares. Weber Alan W has 2.27% invested in OMNOVA Solutions Inc. (NYSE:OMN). Great West Life Assurance Commerce Can reported 10,100 shares. Texas-based Automobile Association has invested 0% in OMNOVA Solutions Inc. (NYSE:OMN). Moreover, Products Prtnrs Ltd has 0.01% invested in OMNOVA Solutions Inc. (NYSE:OMN) for 17,700 shares.

Analysts await PBF Energy Inc. (NYSE:PBF) to report earnings on May, 3. They expect $0.37 EPS, up 285.00% or $0.57 from last year’s $-0.2 per share. PBF’s profit will be $42.34 million for 20.91 P/E if the $0.37 EPS becomes a reality. After $-0.04 actual EPS reported by PBF Energy Inc. for the previous quarter, Wall Street now forecasts -1,025.00% EPS growth.

Ratings analysis reveals 50% of PBF Energy’s analysts are positive. Out of 6 Wall Street analysts rating PBF Energy, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. PBF was included in 6 notes of analysts from October 11, 2016. Howard Weil downgraded PBF Energy Inc. (NYSE:PBF) rating on Wednesday, October 19. Howard Weil has “Sector Outperform” rating and $24.0 target. Wolfe Research upgraded the shares of PBF in report on Monday, November 14 to “Outperform” rating. As per Tuesday, November 1, the company rating was upgraded by Tudor Pickering. Credit Suisse downgraded the shares of PBF in report on Tuesday, October 11 to “Neutral” rating. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Monday, February 27 report. As per Wednesday, April 5, the company rating was upgraded by Goldman Sachs.

Knightsbridge Asset Management Llc holds 6.45% of its portfolio in PBF Energy Inc. for 335,899 shares. Old West Investment Management Llc owns 437,361 shares or 6.34% of their US portfolio. Moreover, Baupost Group Llc Ma has 5.41% invested in the company for 15.72 million shares. The Pennsylvania-based Snow Capital Management Lp has invested 4.48% in the stock. Towle & Co, a Missouri-based fund reported 1.15 million shares.

The stock increased 1.04% or $0.32 during the last trading session, reaching $30.95. About 2.36M shares traded or 14.40% up from the average. PBF Energy Inc. (PBF) has declined 20.84% since March 15, 2017 and is downtrending. It has underperformed by 37.54% the S&P500.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: