The closing price of PBF Energy Inc (NYSE: PBF) was $50.47 for the day, up 5.21% from the previous closing price of $47.97. In other words, the price has increased by $+2.50 from its previous closing price. On the day, 2189746 shares were traded. PBF stock price reached its highest trading level at $51.65 during the session, while it also had its lowest trading level at $48.53.
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Ratios:
Our analysis of PBF’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.41. 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 this company, TD Cowen on February 16, 2024, Reiterated its Market Perform rating but revised its target price to $41 from $35 previously.
Mizuho Upgraded its Neutral to Buy on January 03, 2024, while the target price for the stock was maintained at $52.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 24 ’24 when Control Empresarial de Capital bought 12,200 shares for $43.86 per share. The transaction valued at 535,133 led to the insider holds 14,345,198 shares of the business.
Control Empresarial de Capital bought 500,000 shares of PBF for $20,784,550 on Jan 17 ’24. The Add’l Rep. Persons-see Ex.99-1 now owns 14,332,998 shares after completing the transaction at $41.57 per share. On Jan 16 ’24, another insider, Control Empresarial de Capital, who serves as the Add’l Rep. Persons-see Ex.99-1 of the company, bought 770,000 shares for $42.95 each. As a result, the insider paid 33,070,653 and bolstered with 13,832,998 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 6.03B and an Enterprise Value of 6.29B. As of this moment, PBF’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.07, and their Forward P/E ratio for the next fiscal year is 10.27. 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 0.94. Its current Enterprise Value per Revenue stands at 0.16 whereas that against EBITDA is 1.78.
Stock Price History:
Over the past 52 weeks, PBF has reached a high of $56.38, while it has fallen to a 52-week low of $31.25. The 50-Day Moving Average of the stock is 46.75, while the 200-Day Moving Average is calculated to be 45.58.
Shares Statistics:
PBF traded an average of 2.38M shares per day over the past three months and 2.16M shares per day over the past ten days. A total of 120.44M shares are outstanding, with a floating share count of 103.42M. Insiders hold about 13.49% of the company’s shares, while institutions hold 85.06% stake in the company. Shares short for PBF as of Feb 15, 2024 were 10.81M with a Short Ratio of 4.55, compared to 11.32M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 9.04% and a Short% of Float of 10.32%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.85, PBF has a forward annual dividend rate of 0.90. Against a Trailing Annual Dividend Yield of 1.77%, it implies a Forward Annual Dividend Yield of 1.98%. The stock’s 5-year Average Dividend Yield is 5.16.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of $0.4 for the current quarter, with a high estimate of $1.01 and a low estimate of -$0.35, while EPS last year was $2.76. The consensus estimate for the next quarter is $2.32, with high estimates of $3.87 and low estimates of $0.71.
Analysts are recommending an EPS of between $9.09 and $1.55 for the fiscal current year, implying an average EPS of $6.12. EPS for the following year is $4.55, with 10 analysts recommending between $7.61 and $1.67.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $9.5B to a low estimate of $38.1M. As of the current estimate, PBF Energy Inc’s year-ago sales were $8.39B, an estimated decrease of -20.10% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $7.41B, a decrease of -19.10% over than the figure of -$20.10% in the same quarter last year. There is a high estimate of $9.5B for the next quarter, whereas the lowest estimate is $428.2M.
A total of 7 analysts have provided revenue estimates for PBF’s current fiscal year. The highest revenue estimate was $38B, while the lowest revenue estimate was $1.32B, resulting in an average revenue estimate of $29.96B. In the same quarter a year ago, actual revenue was $38.32B, down -21.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $29.33B in the next fiscal year. The high estimate is $38B and the low estimate is $865.5M. The average revenue growth estimate for next year is down -2.10% from the average revenue estimate for this year.
