Trading Day Review: PBF Energy Inc (PBF) Gains Momentum, Closing at 31.50

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The price of PBF Energy Inc (NYSE: PBF) closed at $31.50 in the last session, up 1.12% from day before closing price of $31.15. In other words, the price has increased by $1.12 from its previous closing price. On the day, 1.96 million shares were traded. PBF stock price reached its highest trading level at $31.92 during the session, while it also had its lowest trading level at $31.1.

Ratios:

We take a closer look at PBF’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.14. 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.

TD Cowen reiterated its Hold rating for the stock on May 03, 2024, while the target price for the stock was revised from $54 to $45.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 10 ’24 when Control Empresarial de Capital bought 470,000 shares for $31.86 per share. The transaction valued at 14,972,414 led to the insider holds 21,857,398 shares of the business.

Control Empresarial de Capital bought 300,000 shares of PBF for $9,650,460 on Sep 09 ’24. The Add’l Rep. Persons-see Ex.99-1 now owns 21,387,398 shares after completing the transaction at $32.17 per share. On Sep 05 ’24, another insider, Control Empresarial de Capital, who serves as the Add’l Rep. Persons-see Ex.99-1 of the company, bought 805,300 shares for $32.62 each. As a result, the insider paid 26,266,067 and bolstered with 20,634,898 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 3690224896 and an Enterprise Value of 4529609728. As of this moment, PBF’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.24, and their Forward P/E ratio for the next fiscal year is 6.74. 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 0.59. Its current Enterprise Value per Revenue stands at 0.122 whereas that against EBITDA is 3.049.

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 $30.61. The 50-Day Moving Average of the stock is -15.46%, while the 200-Day Moving Average is calculated to be -31.65%.

Shares Statistics:

According to the various share statistics, PBF traded on average about 2.24M shares per day over the past 3-months and 2618060 shares per day over the past 10 days. A total of 120.44M shares are outstanding, with a floating share count of 94.72M. Insiders hold about 19.15% of the company’s shares, while institutions hold 81.22% stake in the company. Shares short for PBF as of 1724976000 were 10853757 with a Short Ratio of 4.85, compared to 1722384000 on 9572414. Therefore, it implies a Short% of Shares Outstanding of 10853757 and a Short% of Float of 12.790000000000001.

Dividends & Splits

The forward annual dividend rate for PBF is 1.00, which was 0.95 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.030497592The stock’s 5-year Average Dividend Yield is 5.16.

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