PBF Energy Inc. (PBF): What’s Inside the Story?

On Tuesday, shares of PBF Energy Inc. (NYSE:PBF) marked $22.72 per share versus a previous $22.53 closing price. With having a 0.84% gain, an insight into the fundamental values of PBF Energy Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. PBF showed a fall of -30.46% within its YTD performance, with highs and lows between $21.61 – $53.91 during the period of 52 weeks, compared to the simple moving average of -29.52% in the period of the last 200 days.

Goldman equity researchers changed the status of PBF Energy Inc. (NYSE: PBF) shares from “Sell” to a “Neutral” rating in the report published on August 5th, 2019. Other analysts, including Cowen, also published their reports on PBF shares. Cowen repeated the rating from the previous report, marking PBF under “Market Perform” rating, in the report published on August 2nd, 2019. Additionally, PBF shares got another “Neutral” rating from BofA/Merrill. On the other hand, Goldman Downgrade the “Sell” rating for PBF shares, as published in the report on January 25th, 2019. Piper Jaffray seems to be going bullish on the price of PBF shares, based on the price prediction for PBF. Another “Overweight” rating came from Morgan Stanley.

PBF Energy Inc. (PBF) Analysis

The present dividend yield for PBF owners is set at 0.05, marking the return investors will get regardless of the company’s performance in the upcoming period.However, in order for the company to be able to pay its dividends, just like it is the case with PBF Energy Inc., the company needs to provide a healthy cash flow, currently at the value of 8.54. In addition, the growth of sales from quarter to quarter is recording -11.90%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of PBF Energy Inc. (PBF) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 0.80% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.50 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while PBF is currently recording an average of 2.18M in volumes. The volatility of the stock on monthly basis is set at 4.39%, while the weekly volatility levels are marked at 4.49%with -2.32% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $37.71, indicating growth from the present price of $22.72, which can represent yet another valuable research and analysis points that can help you decide whether to invest in PBF or pass.

What to Look for When Analyzing PBF Energy Inc. Shares?

PBF Energy Inc. (PBF) is based in the USA and it represents one of the well-known company operating with Basic Materials sector. If you wish to compare PBF shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 157.78 for PBF Energy Inc., while the value 4.49 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.14 is supported by the yearly ESP growth of -71.90%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.60%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 91.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in PBF Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in PBF in the recent period. That is how BlackRock Fund Advisors now has an increase position in PBF by 1.06% in the first quarter, owning 10.15 million shares of PBF stocks, with the value of $283.58 million after the purchase of an additional 106,726 shares during the last quarter. In the meanwhile, Dimensional Fund Advisors LP also increased their stake in PBF shares changed 2.40% in the first quarter, which means that the company now owns 7.69 million shares of company, all valued at $214.79 million after the acquisition of additional 180,202 shares during the last quarter.

JPMorgan Investment Management, I acquired a new position in PBF Energy Inc. during the first quarter, with the value of $193.06 million, and APG Asset Management NV increased their stake in the company’s shares by 8.50% in the first quarter, now owning 152,600 shares valued at $54.43 million after the acquisition of the additional 1.95 million shares during the last quarter. At the present, 91.10% of PBF shares are in the ownership of institutional investors.