PBF Energy Inc. (NYSE:PBF) has a beta value of 3 and has seen 5,390,119 shares traded in the last trading session. The company, currently valued at $1.95 Billion, closed the last trade at $16.26 per share which meant it gained $2.08 on the day or 14.67% during that session. The PBF stock price is -15.5% off its 52-week high price of $18.78 and 75.03% above the 52-week low of $4.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.37 Million shares traded. The 3-month trading volume is 6.22 Million shares.
The consensus among analysts is that PBF Energy Inc. (PBF) is a Hold stock at the moment, with a recommendation rating of 3.3. 4 analysts rate the stock as a Sell, while none rate it as Overweight. 10 out of 16 have rated it as a Hold, with 1 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is -$1.
PBF Energy Inc. (NYSE:PBF) trade information
Sporting 14.67% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, May 03 when the PBF stock price touched $16.47- or saw a rise of 1.28%. Year-to-date, PBF Energy Inc. shares have moved 129.01%, while the 5-day performance has seen it change 22.35%. Over the past 30 days, the shares of PBF Energy Inc. (NYSE:PBF) have changed 4.3%. Short interest in the company has seen 11.13 Million shares shorted with days to cover at 1.79.
Wall Street analysts have a consensus price target for the stock at $14.47, which means that the shares’ value could jump -11.01% from current levels. The projected low price target is $4 while the price target rests at a high of $20. In that case, then, we find that the current price level is +23% off the targeted high while a plunge would see the stock lose -75.4% from current levels.
PBF Energy Inc. (PBF) estimates and forecasts
Figures show that PBF Energy Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +268.71% over the past 6 months, with this year growth rate of 58.32%, compared to 31% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 68.7% and 92.7% for the next quarter. Revenue growth from the last financial year stood is estimated to be +48.6%.
5 analysts offering their estimates for the company have set an average revenue estimate of $5.71 Billion for the current quarter. 5 have an estimated revenue figure of $6.16 Billion for the next quarter concluding in September 01, 2021. Year-ago sales stood $2.52 Billion and $4.05 Billion respectively for this quarter and the next, and analysts expect sales will grow by 126.8% for the current quarter and 52.1% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -55.4% over the past 5 years. Earnings growth for 2021 is a modest -544.8% while over the next 5 years, the company’s earnings are expected to increase by 0.79%.
PBF Energy Inc. (NYSE:PBF)’s Major holders
Insiders own 20.9% of the company shares, while shares held by institutions stand at 77.34% with a share float percentage of 97.78%. Investors are also buoyed by the number of investors in a company, with PBF Energy Inc. having a total of 284 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 16.95 Million shares worth more than $120.33 Million. As of December 30, 2020, Blackrock Inc. held 14.1% of shares outstanding.
The other major institutional holder is Vanguard Group Inc. (The), with the holding of over 10.44 Million shares as of December 30, 2020. The firm’s total holdings are worth over $74.11 Million and represent 8.68% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Core S&P Smallcap ETF and SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF. As of March 30, 2021, the former fund manager holds about 5.33% shares in the company for having 6411296 shares of worth $90.72 Million while later fund manager owns 5.92 Million shares of worth $83.84 Million as of March 30, 2021, which makes it owner of about 4.93% of company’s outstanding stock.