Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, PBF Energy Inc (NYSE: PBF) closed at $51.86 down -1.41% from its previous closing price of $52.60. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 1.9 million shares were traded. PBF stock price reached its highest trading level at $53.18 during the session, while it also had its lowest trading level at $51.5.
Ratios:
For a deeper understanding of PBF Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on May 03, 2024, Reiterated its Hold rating but revised its target price to $45 from $54 previously.
On March 22, 2024, Mizuho Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $53 to $58.
BofA Securities Upgraded its Neutral to Buy on March 15, 2024, whereas the target price for the stock was revised from $52 to $74.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 25 ’24 when Davis Paul T sold 100,000 shares for $56.37 per share. The transaction valued at 5,637,230 led to the insider holds 110,978 shares of the business.
O Connor Thomas L sold 10,000 shares of PBF for $571,500 on Mar 25 ’24. The Senior Vice President now owns 160,338 shares after completing the transaction at $57.15 per share. On Mar 19 ’24, another insider, O Connor Thomas L, who serves as the Senior Vice President of the company, sold 40,000 shares for $55.87 each. As a result, the insider received 2,234,600 and left with 160,338 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 6148729344 and an Enterprise Value of 6945527296. As of this moment, PBF’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.59, and their Forward P/E ratio for the next fiscal year is 9.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 0.184 whereas that against EBITDA is 3.583.
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 $31.25. The 50-Day Moving Average of the stock is -5.32%, while the 200-Day Moving Average is calculated to be 5.94%.
Shares Statistics:
For the past three months, PBF has traded an average of 2.08M shares per day and 1614370 over the past ten days. A total of 120.44M shares are outstanding, with a floating share count of 103.02M. Insiders hold about 13.82% of the company’s shares, while institutions hold 85.32% stake in the company. Shares short for PBF as of 1713139200 were 10116320 with a Short Ratio of 4.86, compared to 1710460800 on 11771719. Therefore, it implies a Short% of Shares Outstanding of 10116320 and a Short% of Float of 11.66.
Dividends & Splits
According to the company, the forward annual dividend rate for PBF is 0.90, from 0.9 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017110266The stock’s 5-year Average Dividend Yield is 5.16.
