Stock of the Day: Alon USA Energy, Inc. on Focus After Raising In Today’s Session

Stock of the Day: Alon USA Energy, Inc. on Focus After Raising In Today's Session

The stock of Alon USA Energy, Inc. (NYSE:ALJ) is a huge mover today! The stock increased 4.68% or $0.36 during the last trading session, hitting $8.06. About 1.00M shares traded hands. Alon USA Energy, Inc. (NYSE:ALJ) has declined 23.08% since February 26, 2016 and is downtrending. It has underperformed by 33.50% the S&P500.
The move comes after 5 months positive chart setup for the $541.80 million company. It was reported on Oct, 1 by Barchart.com. We have $9.83 PT which if reached, will make NYSE:ALJ worth $119.20 million more.

Analysts await Alon USA Energy, Inc. (NYSE:ALJ) to report earnings on November, 7. They expect $-0.07 EPS, down 111.67% or $0.67 from last year’s $0.6 per share. After $-0.21 actual EPS reported by Alon USA Energy, Inc. for the previous quarter, Wall Street now forecasts -66.67% EPS growth.

Alon USA Energy, Inc. (NYSE:ALJ) Ratings Coverage

Out of 5 analysts covering Alon USA Energy (NYSE:ALJ), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Alon USA Energy has been the topic of 15 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Equal-Weight” rating given on Wednesday, July 13 by Barclays Capital. Piper Jaffray maintained Alon USA Energy, Inc. (NYSE:ALJ) on Friday, September 16 with “Underweight” rating. On Tuesday, January 12 the stock rating was maintained by Barclays Capital with “Underweight”. The stock of Alon USA Energy, Inc. (NYSE:ALJ) has “Buy” rating given on Wednesday, September 14 by Citigroup. The firm earned “Underweight” rating on Monday, August 22 by Piper Jaffray. The stock of Alon USA Energy, Inc. (NYSE:ALJ) has “Neutral” rating given on Friday, September 11 by JP Morgan. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, October 12. The stock of Alon USA Energy, Inc. (NYSE:ALJ) earned “Overweight” rating by Barclays Capital on Wednesday, August 5. Zacks upgraded the shares of ALJ in a report on Friday, August 7 to “Hold” rating. As per Friday, June 10, the company rating was maintained by JP Morgan.

According to Zacks Investment Research, “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.”

Insitutional Activity: The institutional sentiment increased to 0.94 in 2016 Q2. Its up 0.13, from 0.81 in 2016Q1. The ratio increased, as 25 funds sold all Alon USA Energy, Inc. shares owned while 47 reduced positions. 23 funds bought stakes while 45 increased positions. They now own 35.58 million shares or 21.87% less from 45.53 million shares in 2016Q1.
First Tru Advsrs Lp, a Illinois-based fund reported 164,239 shares. Metropolitan Life Ins Ny has invested 0% of its portfolio in Alon USA Energy, Inc. (NYSE:ALJ). Blackrock Fund last reported 0% of its portfolio in the stock. Everpoint Asset Management Ltd Liability Corp last reported 250,000 shares in the company. Evanston Invests Incorporated Dba Evanston Advisors accumulated 246,032 shares or 0.52% of the stock. State Street, a Massachusetts-based fund reported 573,268 shares. Manufacturers Life The last reported 0% of its portfolio in the stock. Los Angeles Mgmt And Equity last reported 0% of its portfolio in the stock. Qcm Cayman has invested 0.04% of its portfolio in Alon USA Energy, Inc. (NYSE:ALJ). Moreover, Renaissance Techs Limited Liability Co has 0% invested in Alon USA Energy, Inc. (NYSE:ALJ) for 135,000 shares. Invesco Limited last reported 154,192 shares in the company. Comerica Secs Inc has invested 0.04% of its portfolio in Alon USA Energy, Inc. (NYSE:ALJ). Moreover, Vanguard has 0% invested in Alon USA Energy, Inc. (NYSE:ALJ) for 3.99 million shares. Kennedy Capital Mgmt has 1.04 million shares for 0.14% of their US portfolio. Legal General Group Public Ltd Company has 5,308 shares for 0% of their US portfolio.

Insider Transactions: Since May 10, 2016, the stock had 1 insider buy, and 10 insider sales for $5.02 million net activity. $510,650 worth of Alon USA Energy, Inc. (NYSE:ALJ) was sold by Wiessman David. On Thursday, May 19 the insider Wheeler Franklin R. bought $15,820. Oster Michael sold $135,648 worth of Alon USA Energy, Inc. (NYSE:ALJ) on Friday, August 5. $174,148 worth of Alon USA Energy, Inc. (NYSE:ALJ) shares were sold by Morris Jeff D.

More important recent Alon USA Energy, Inc. (NYSE:ALJ) news were published by: Prnewswire.com which released: “Alon USA Energy Announces Third Quarter 2016 Earnings Release And Conference …” on September 27, 2016, also Prnewswire.com published article titled: “Alon USA Energy, Inc. Provides Update on the Activities of its Special …”, Prnewswire.com published: “Alon USA Energy To Participate In The Barclays CEO Energy-Power Conference” on August 31, 2016. More interesting news about Alon USA Energy, Inc. (NYSE:ALJ) was released by: Reuters.com and their article: “BRIEF-Steven Cohen reports 5.4 pct passive stake in Alon USA Energy Inc as…” with publication date: July 15, 2016.

ALJ Company Profile

Alon USA Energy, Inc., incorporated on July 20, 2000, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Firm operates through three divisions: refining and marketing, asphalt and retail. The Company’s refineries produce petroleum products, including various grades of gasoline, diesel fuel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum products. The Firm holds interests in Alon USA Partners, LP, which owns a crude oil refinery in Big Spring, Texas, with a crude oil throughput capacity of approximately 73,000 barrels per day and an integrated wholesale marketing business. In addition, it owns a crude oil refinery in Krotz Springs, Louisiana, with a crude oil throughput capacity of approximately 74,000 barrels per day (bpd). The Firm also owns crude oil refineries in California.

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