In the last trading session, 1.98 million PBF Energy Inc (NYSE:PBF) shares changed hands as the company’s beta touched 1.08. With the company’s per share price at $21.69 changed hands at -$0.61 or -2.74% during last session, the market valuation stood at $2.50B. PBF’s last price was a discount, traded about -189.9% off its 52-week high of $62.88. The share price had its 52-week low at $18.97, which suggests the last value was 12.54% up since then. When we look at PBF Energy Inc’s average trading volume, we note the 10-day average is 2.68 million shares, with the 3-month average coming to 2.59 million.
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 -1.89.
PBF Energy Inc (NYSE:PBF) trade information
Instantly PBF was in red as seen at the end of in last trading. With action 7.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -18.31%, with the 5-day performance at 7.70% in the green. However, in the 30-day time frame, PBF Energy Inc (NYSE:PBF) is -6.51% down. Looking at the short shares, we see there were 15.1 million shares sold at short interest cover period of 5.67 days.
The consensus price target for the stock as assigned by Wall Street analysts is 25, meaning bulls need an upside of 13.24% from its current market value. According to analyst projections, PBF’s forecast low is 25 with 33 as the target high. To hit the forecast high, the stock’s price needs a -52.14% plunge from its current level, while the stock would need to soar -15.26% for it to hit the projected low.
PBF Energy Inc (PBF) estimates and forecasts
Year-over-year growth is forecast to reach -8.93% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 6.5B. 7 analysts are of the opinion that PBF Energy Inc’s revenue for the current quarter will be 7.26B. 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 -24.81%. The estimates for the next quarter sales put growth at -16.85%.
The 2025 estimates are for PBF Energy Inc earnings to increase by 19.20%.
PBF Dividends
PBF Energy Inc is expected to release its next quarterly earnings report on 2025-Feb-12. The 4.84% annual yield figure for the share gives it an annual dividend of 1.05. It is important to note, however, that the 4.84% 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. During the past 5 years, the average dividend yield was 5.16 per year.
PBF Energy Inc (NYSE:PBF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 28.27% of PBF Energy Inc shares while 77.14% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 107.54%. There are 77.14% institutions holding the PBF Energy Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 12.2613% of the shares, roughly 14.7 million PBF shares worth $676.35 million.
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.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Midcap ETF and iShares Russell 2000 ETF . With 3.19 shares estimated at $69.27 million under it, the former controlled 2.77% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.38% of the shares, roughly 2.75 shares worth around $59.61 million.
