While PBF Energy Inc has underperformed by -4.97%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PBF fell by -30.18%, with highs and lows ranging from $62.88 to $30.17, whereas the simple moving average fell by -29.54% in the last 200 days.
On October 04, 2024, BMO Capital Markets Downgraded PBF Energy Inc (NYSE: PBF) to Market Perform. A report published by JP Morgan on October 02, 2024, Downgraded its rating to ‘Neutral’ for PBF. Piper Sandler also Downgraded PBF shares as ‘Underweight’, setting a target price of $25 on the company’s shares in a report dated September 20, 2024. Wolfe Research initiated its ‘Peer Perform’ rating for PBF, as published in its report on July 18, 2024. TD Cowen’s report from May 03, 2024 suggests a price prediction of $45 for PBF shares, giving the stock a ‘Hold’ rating. Mizuho also rated the stock as ‘Neutral’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of PBF Energy Inc (PBF)
A return on investment can be expected regardless of PBF’s performance over the next quarter with the dividend set at $1.00 per share. Further, the quarter-over-quarter decrease in sales is -4.60%, showing a negative trend in the upcoming months.
To gain a thorough understanding of PBF Energy Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 12.66% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.75, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and PBF is recording an average volume of 2.37M. On a monthly basis, the volatility of the stock is set at 4.12%, whereas on a weekly basis, it is put at 4.88%, with a gain of 1.15% over the past seven days. Furthermore, long-term investors anticipate a median target price of $35.18, showing growth from the present price of $31.72, which can serve as yet another indication of whether PBF is worth investing in or should be passed over.
How Do You Analyze PBF Energy Inc Shares?
A leading company in the Oil & Gas Refining & Marketing sector, PBF Energy Inc (PBF) is based in the USA. When comparing PBF Energy Inc shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.28, there is a growth in quarterly earnings of -107.08%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 21.77%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 80.66% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PBF shares are owned by institutional investors to the tune of 80.66% at present.
