Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $57.27 in the prior trading day, PBF Energy Inc (NYSE: PBF) closed at $55.49, down -3.11%. In other words, the price has decreased by -$3.11 from its previous closing price. On the day, 1.74 million shares were traded. PBF stock price reached its highest trading level at $57.55 during the session, while it also had its lowest trading level at $54.92.
Ratios:
Our goal is to gain a better understanding of PBF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.29.
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 the company, Mizuho on March 22, 2024, Downgraded its rating to Neutral and sets its target price to $58 from $53 previously.
On March 15, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $52 to $74.
TD Cowen reiterated its Market Perform rating for the stock on February 16, 2024, while the target price for the stock was revised from $35 to $41.
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 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 6612466176 and an Enterprise Value of 7038000128. As of this moment, PBF’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.37, and their Forward P/E ratio for the next fiscal year is 9.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 0.184 whereas that against EBITDA is 3.057.
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 3.36%, while the 200-Day Moving Average is calculated to be 15.33%.
Shares Statistics:
The stock has traded on average 2.19M shares per day over the past 3-months and 1386600 shares per day over the last 10 days, according to various share statistics. A total of 120.44M shares are outstanding, with a floating share count of 103.04M. Insiders hold about 13.82% of the company’s shares, while institutions hold 85.17% stake in the company. Shares short for PBF as of 1711584000 were 10739641 with a Short Ratio of 4.91, compared to 1709164800 on 9890890. Therefore, it implies a Short% of Shares Outstanding of 10739641 and a Short% of Float of 12.36.
Dividends & Splits
In the trailing 12 months, PBF’s forward annual dividend rate was 0.85, compared to 0.90 this year. The stock’s 5-year Average Dividend Yield is 5.16.
Earnings Estimates
The current rating of PBF Energy Inc (PBF) reflects the combined expertise of Petroleo Brasileiro S.A.- Petro analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $4.03, with high estimates of $55.49 and low estimates of $30.72.
EPS for the following year is $Stocks, with Stocks analysts recommending between $Stocks and $ETF.
