Analysts Update Their Price Forecasts For PBF Energy Inc (PBF)

PBF Energy Inc (PBF) concluded trading on Thursday at a closing price of $23.21, with 7.22 million shares of worth about $167.53 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -36.27% during that period and on February 13, 2025 the price saw a loss of about -12.78%. Currently the company’s common shares owned by public are about 115.12M shares, out of which, 83.36M shares are available for trading.

Stock saw a price change of -17.40% in past 5 days and over the past one month there was a price change of -21.93%. Year-to-date (YTD), PBF shares are showing a performance of -12.58% which decreased to -56.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $24.21 but also hit the highest price of $62.88 during that period. The average intraday trading volume for PBF Energy Inc shares is 2.03 million. The stock is currently trading -20.31% below its 20-day simple moving average (SMA20), while that difference is down -18.86% for SMA50 and it goes to -35.19% lower than SMA200.

PBF Energy Inc (NYSE: PBF) currently have 115.12M outstanding shares and institutions hold larger chunk of about 78.62% of that.

The stock has a current market capitalization of $2.67B and its 3Y-monthly beta is at 1.58. It has posted earnings per share of -$2.59 in the same period. It has Quick Ratio of 0.65 while making debt-to-equity ratio of 0.35. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PBF, volatility over the week remained 7.19% while standing at 5.33% over the month.

Stock’s fiscal year EPS is expected to rise by 72.94% while it is estimated to increase by 254.34% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on December 20, 2024 offering a Sell rating for the stock and assigned a target price range of between $27 and $20 to it. Coverage by Mizuho stated PBF Energy Inc (PBF) stock as an Underperform in their note to investors on December 16, 2024, suggesting a price target of $31 for the stock. On December 09, 2024, Wells Fargo Downgrade their recommendations, while on November 01, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $27. Stock get an Underperform rating from BofA Securities on October 17, 2024.

Most Popular

Related Posts