Future Outlook And Stock Price Performance For PBF Energy Inc (NYSE: PBF)

In today’s recent session, 0.42 million shares of the PBF Energy Inc (NYSE:PBF) have been traded, and its beta is 1.12. Most recently the company’s share price was $19.57, and it changed around -$0.99 or -4.84% from the last close, which brings the market valuation of the company to $2.26B. PBF at last check was trading at a discount to its 52-week high of $62.88, offering almost -221.31% off that amount. The share price’s 52-week low was $19.51, which indicates that the recent value has risen by an impressive 0.31% since then.

PBF Energy Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.44. If we narrow it down even further, the data shows that 2 out of 15 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 11 recommended PBF as a Hold, whereas 0 deemed it a Buy, and 2 rated it as Underweight. PBF Energy Inc is expected to report earnings per share of -1.75 for the current quarter.

PBF Energy Inc (NYSE:PBF) trade information

Instantly PBF has been showing red trend so far today with a performance of -4.84% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 22.02 on recent trading dayincreased the stock’s daily price by 11.13%. The company’s shares are currently down -26.31% year-to-date, but still down -10.54% over the last five days. On the other hand, PBF Energy Inc (NYSE:PBF) is -29.42% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $33, which translates to bulls needing to increase their stock price by 40.7% from its current value. Analyst projections state that PBF is forecast to be at a low of $25 and a high of $38.

PBF Energy Inc (PBF) estimates and forecasts

The year-over-year growth rate is expected to be -6.40%, down from the previous year.

Consensus estimates provided by 9 financial analysts predict the company will bring in an average of 6.89B in revenue for the current quarter. 9 analysts expect PBF Energy Inc to make 7.54B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 8.65B and 8.74B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -20.36%. Forecasts for the next quarter put sales growth at -13.67%.

PBF Dividends

PBF Energy Inc’s next quarterly earnings report is expected to be released in April. The annual dividend yield of the stock is 5.37 percent and its annual dividend per share was 1.05. It is important to note, however, that the 5.37% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

PBF Energy Inc (NYSE:PBF)’s Major holders

VANGUARD GROUP INC, with 9.4235% or 11.3 million shares worth $519.82 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 3.18 shares worth $61.49 million, making up 2.75% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.96 shares worth around $57.3 million, which represents about 2.57% of the total shares outstanding.