In the last trading session, 2.56 million PBF Energy Inc (NYSE:PBF) shares changed hands as the company’s beta touched 1.60. With the company’s per share price at $22.88 changed hands at -$0.25 or -1.08% during last session, the market valuation stood at $2.64B. PBF’s last price was a discount, traded about -174.83% off its 52-week high of $62.88. The share price had its 52-week low at $22.03, which suggests the last value was 3.72% up since then.
Analysts gave the PBF Energy Inc (PBF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.44. If we narrow down to specifics, the data shows that 1 out of 25 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 6 recommended PBF as a Hold, 18 felt it is a Buy and 0 rated the stock as Underweight. PBF Energy Inc’s EPS for the current quarter is expected to be -1.68.
PBF Energy Inc (NYSE:PBF) trade information
Instantly PBF was in red as seen at the end of in last trading. With action -4.39%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -13.82%, with the 5-day performance at -4.39% in the red. However, in the 30-day time frame, PBF Energy Inc (NYSE:PBF) is -23.53% down.
The consensus price target for the stock as assigned by Wall Street analysts is 33, meaning bulls need an upside of 30.67% from its current market value. According to analyst projections, PBF’s forecast low is 25 with 38 as the target high. To hit the forecast high, the stock’s price needs a -66.08% plunge from its current level, while the stock would need to soar -9.27% for it to hit the projected low.
PBF Energy Inc (PBF) estimates and forecasts
Year-over-year growth is forecast to reach -5.42% down from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 7B. 9 analysts are of the opinion that PBF Energy Inc’s revenue for the current quarter will be 7.71B. The company’s revenue for the corresponding quarters a year ago was 8.65B and 8.74B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -19.02%. The estimates for the next quarter sales put growth at -11.70%.
The 2025 estimates are for PBF Energy Inc earnings to increase by 45.53%.
PBF Dividends
PBF Energy Inc is expected to release its next quarterly earnings report in March. The 4.48% annual yield figure for the share gives it an annual dividend of 1.02. It is important to note, however, that the 4.48% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.4235% or 11.3 million shares worth $519.82 million as of 2024-06-30.
