Skip to main content

Forward P/E Indicates Bullish Stocks With Earnings Growth Potential: $TRQ $GIII $PBFX

*If You Own TRQ, GIII, PBFX Then Click Here to Join Our Community Of Traders

The Market Signal was created as a platform to help investors, if you own (NYSE:TRQ), (NASDAQ:GIII) or (NYSE:PBFX), and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.

https://themarketsignal.com/Free-Report/NOW
(Click the link above or copy, paste and hit enter in your browser for your report)

Turquoise Hill Resources Announce Q2 2020 Results And Reelection Of Directors

https://themarketsignal.com/Free-Report/TRQ

(Click the link above or copy, paste and hit enter in your browser for your report)

Turquoise Hill Resources Ltd's (NYSE:TRQ) forward P/E is 4.47 which is below the current P/E of 5.21. This is an indication that the company's earnings will increase in the future. The company released its Q2 2020 financial results. The Oyu Tolgoi ore produced 31,150 gold ounces and 36,495 tonnes of copper. The company says that its copper production is on track to meet the guidance of between 140,000 and 170,000 tonnes. Turquoise has also reviewed gold production guidance to 155,000-180,000.

Recently the company announced election results of its Board of Directors at the Annual Shareholders Meeting. All the nominees to the board were re-elected and will be in office until the next shareholder meeting or until a successor is appointed or elected.

G-III Apparel Prices $400 Million Of 7.875% Senior Secured Notes Due 2025

https://themarketsignal.com/Free-Report/GIII

(Click the link above or copy, paste and hit enter in your browser for your report)

G-III Apparel Group, Ltd. (NASDAQ:GIII) also expects its earnings to increase in the future because it's forward P/E of 4.62 is below the current P/E of 5.74. Recently the company announced the pricing of $400 million aggregate amount of the 7.875% Senior Secured Notes Due 2025. The company indicated that the Notes shall be senior obligations that will be offered on a senior secured basis through the subsidiaries of the company that are underwriters under the company's senior secured credit lines. The offering will close on August 7 subject to regulatory closing conditions.

Net proceeds from the Offering will be used in repaying current term credit line due 2022, pay related expenses fee, and also general corporate functions.

PBF Logistics Declares Quarterly Dividend Of $0.30 Per Common Unit

https://themarketsignal.com/Free-Report/PBFX

(Click the link above or copy, paste and hit enter in your browser for your report)

Another stock whose earnings are expected to increase going forward is PBF Logistics LP (NYSE:PBFX) whose forward P/E of 5.01 is way below the current P/E of 5.41. The company reported net income attributable to partners in Q2 2020 of $37.5 million or 60 cents per common unit. In the second quarter, the company generated around $61.0 million from operations with EBITDA attributable to the company being $58.9 million while adjusted earnings were $60.0 million.

The Q2 results also included a $1.1 million or 2 cents per common unit of related expenses to non-consummated acquisitions, non-cash compensations, as well as environmental remediation expenses, related to East Coast terminals. Also, the company declared a quarterly dividend of $0.3 per common share payable on August 26 to shareholders on record by August 13.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market, and other Stock Market news.

We will get back to you within 24 hours.

Disclaimer

The post Forward P/E Indicates Bullish Stocks With Earnings Growth Potential: $TRQ $GIII $PBFX appeared first on The Market Signals.

comtex tracking

COMTEX_368973459/2700/2020-08-06T08:18:50

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.