Closing Figures Unveiled: PBF Energy Inc (PBF) Drop -2.43, Closes at 33.38

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PBF Energy Inc (NYSE: PBF) closed the day trading at $33.38 down -2.43% from the previous closing price of $34.21. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1.88 million shares were traded. PBF stock price reached its highest trading level at $34.47 during the session, while it also had its lowest trading level at $33.18.

Ratios:

For a better understanding of PBF, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.30.

On May 03, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $54 to $45.

Mizuho Downgraded its Buy to Neutral on March 22, 2024, whereas the target price for the stock was revised from $53 to $58.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 07 ’24 when Control Empresarial de Capital bought 73,000 shares for $36.47 per share. The transaction valued at 2,662,222 led to the insider holds 18,352,598 shares of the business.

Control Empresarial de Capital bought 100,000 shares of PBF for $3,595,620 on Aug 06 ’24. The Add’l Rep. Persons-see Ex.99-1 now owns 18,279,598 shares after completing the transaction at $35.96 per share. On Aug 05 ’24, another insider, Control Empresarial de Capital, who serves as the Add’l Rep. Persons-see Ex.99-1 of the company, bought 50,000 shares for $35.60 each. As a result, the insider paid 1,780,125 and bolstered with 18,179,598 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PBF now has a Market Capitalization of 4007669760 and an Enterprise Value of 4749850624. As of this moment, PBF’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.56, and their Forward P/E ratio for the next fiscal year is 7.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 0.127 whereas that against EBITDA is 3.197.

Stock Price History:

Over the past 52 weeks, PBF has reached a high of $62.88, while it has fallen to a 52-week low of $33.41. The 50-Day Moving Average of the stock is -16.81%, while the 200-Day Moving Average is calculated to be -28.67%.

Shares Statistics:

Over the past 3-months, PBF traded about 2.09M shares per day on average, while over the past 10 days, PBF traded about 1953920 shares per day. A total of 120.44M shares are outstanding, with a floating share count of 96.97M. Insiders hold about 17.23% of the company’s shares, while institutions hold 81.50% stake in the company. Shares short for PBF as of 1722384000 were 9572414 with a Short Ratio of 4.58, compared to 1719532800 on 11307875. Therefore, it implies a Short% of Shares Outstanding of 9572414 and a Short% of Float of 11.2799995.

Dividends & Splits

PBF’s forward annual dividend rate is 1.00, up from 0.95 a year ago. Against a Trailing Annual Dividend Yield of 0.027769659The stock’s 5-year Average Dividend Yield is 5.16.

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