Analysts expect Alon USA Energy, Inc. (NYSE:ALJ) to report earnings of $0.07 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Alon USA Energy’s earnings. The highest EPS estimate is $0.10 and the lowest is $0.04. Alon USA Energy posted earnings per share of ($0.21) in the same quarter last year, which indicates a positive year-over-year growth rate of 133.3%. The firm is scheduled to report its next earnings results on Thursday, July 27th.

According to Zacks, analysts expect that Alon USA Energy will report full-year earnings of $0.15 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the firm will post earnings of ($0.01) per share, with EPS estimates ranging from ($0.17) to $0.16. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that cover Alon USA Energy.

Alon USA Energy (NYSE:ALJ) last announced its quarterly earnings results on Monday, May 8th. The oil and gas company reported $0.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.27. Alon USA Energy had a negative return on equity of 4.53% and a negative net margin of 0.95%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company posted ($0.42) earnings per share. Alon USA Energy’s revenue was up 35.4% compared to the same quarter last year.

A number of analysts have commented on ALJ shares. Citigroup Inc. reissued a “buy” rating and issued a $14.50 target price (down previously from $16.00) on shares of Alon USA Energy in a report on Saturday, April 22nd. Zacks Investment Research lowered Alon USA Energy from a “buy” rating to a “hold” rating in a report on Tuesday, February 28th. TheStreet raised Alon USA Energy from a “d+” rating to a “c” rating in a report on Monday, May 8th. Finally, Credit Suisse Group AG lowered Alon USA Energy from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $13.00 to $12.00 in a report on Friday, March 24th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $11.50.

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Shares of Alon USA Energy (NYSE ALJ) traded up 1.14% during midday trading on Wednesday, reaching $13.33. The company had a trading volume of 428,813 shares. Alon USA Energy has a one year low of $5.86 and a one year high of $13.97. The company has a 50-day moving average price of $12.77 and a 200 day moving average price of $12.03. The company’s market capitalization is $953.04 million.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 8th. Stockholders of record on Monday, May 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.50%. Alon USA Energy’s dividend payout ratio (DPR) is currently -107.14%.

Several institutional investors have recently added to or reduced their stakes in the company. Sheaff Brock Investment Advisors LLC increased its position in Alon USA Energy by 4.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 11,667 shares of the oil and gas company’s stock worth $142,000 after buying an additional 500 shares during the period. Public Employees Retirement System of Ohio increased its position in Alon USA Energy by 2.8% in the first quarter. Public Employees Retirement System of Ohio now owns 13,004 shares of the oil and gas company’s stock worth $159,000 after buying an additional 349 shares during the period. Hanseatic Management Services Inc. purchased a new position in Alon USA Energy during the first quarter worth about $168,000. Tudor Investment Corp Et Al purchased a new position in Alon USA Energy during the fourth quarter worth about $158,000. Finally, American International Group Inc. increased its position in Alon USA Energy by 7.1% in the first quarter. American International Group Inc. now owns 19,439 shares of the oil and gas company’s stock worth $237,000 after buying an additional 1,288 shares during the period. Hedge funds and other institutional investors own 49.46% of the company’s stock.

Alon USA Energy Company Profile

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. The Company’s segments include refining and marketing, asphalt and retail. Its refineries produce petroleum products, including various grades of gasoline, diesel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt, and other petroleum-based products.

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