Alon USA Partners (NYSE:ALDW) is set to release its earnings data after the market closes on Tuesday, February 20th. Analysts expect Alon USA Partners to post earnings of $0.44 per share for the quarter.
Shares of Alon USA Partners (ALDW) opened at $16.55 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.97 and a quick ratio of 0.76. Alon USA Partners has a 12-month low of $8.65 and a 12-month high of $19.28. The firm has a market capitalization of $1,030.00, a P/E ratio of 14.39 and a beta of 1.19.
Several brokerages have weighed in on ALDW. Citigroup downgraded Alon USA Partners from a “buy” rating to a “neutral” rating in a research report on Monday, January 8th. ValuEngine cut Alon USA Partners from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Macquarie raised Alon USA Partners from a “neutral” rating to an “outperform” rating in a research note on Monday, October 23rd. Finally, BidaskClub raised Alon USA Partners from a “hold” rating to a “buy” rating in a research note on Saturday, November 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. Alon USA Partners has a consensus rating of “Hold” and an average price target of $12.25.
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Alon USA Partners, LP (Alon) is engaged principally in the business of operating a crude oil refinery in Big Spring, Texas. The Company had a crude oil throughput capacity of 73,000 barrels per day, which the Company referred to as its Big Spring refinery, as of December 31, 2016. The Company refines crude oil into finished products, which the Company markets primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to retail convenience stores and other third-party distributors.
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