PBF Energy Inc (NYSE: PBF) has experienced a decline in its stock price by -4.74 compared to its previous closing price of 30.79. However, the company has seen a fall of -1.35% in its stock price over the last five trading days. prnewswire.com reported 2024-12-20 that PARSIPPANY, N.J., Dec. 20, 2024 /PRNewswire/ — PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the fourth quarter 2024 on Thursday, February 13, 2025.
Is It Worth Investing in PBF Energy Inc (NYSE: PBF) Right Now?
The 36-month beta value for PBF is also noteworthy at 1.61. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 11 rating it as “hold,” and 3 rating it as “sell.”
The public float for PBF is 83.88M, and at present, short sellers hold a 16.75% of that float. The average trading volume of PBF on January 23, 2025 was 2.22M shares.
PBF’s Market Performance
The stock of PBF Energy Inc (PBF) has seen a -1.35% decrease in the past week, with a 10.35% rise in the past month, and a -12.97% fall in the past quarter. The volatility ratio for the week is 4.04%, and the volatility levels for the past 30 days are at 4.16% for PBF. The simple moving average for the past 20 days is 5.88% for PBF’s stock, with a -23.15% simple moving average for the past 200 days.
Analysts’ Opinion of PBF
Many brokerage firms have already submitted their reports for PBF stocks, with TD Cowen repeating the rating for PBF by listing it as a “Sell.” The predicted price for PBF in the upcoming period, according to TD Cowen is $20 based on the research report published on December 20, 2024 of the previous year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see PBF reach a price target of $31, previously predicting the price at $33. The rating they have provided for PBF stocks is “Underperform” according to the report published on December 16th, 2024.
Wells Fargo gave a rating of “Equal Weight” to PBF, setting the target price at $34 in the report published on December 09th of the previous year.
PBF Trading at -0.17% from the 50-Day Moving Average
After a stumble in the market that brought PBF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -53.36% of loss for the given period.
Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 4.04%, as shares surge +15.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.90% lower at present.
During the last 5 trading sessions, PBF fell by -1.35%, which changed the moving average for the period of 200-days by -51.89% in comparison to the 20-day moving average, which settled at $27.70. In addition, PBF Energy Inc saw 10.47% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PBF starting from Control Empresarial de Capital, who purchase 100,000 shares at the price of $28.62 back on Jan 14 ’25. After this action, Control Empresarial de Capital now owns 28,984,998 shares of PBF Energy Inc, valued at $2,862,060 using the latest closing price.
Control Empresarial de Capital, the Add’l Rep. Persons-see Ex.99-1 of PBF Energy Inc, purchase 70,000 shares at $25.56 during a trade that took place back on Dec 26 ’24, which means that Control Empresarial de Capital is holding 28,884,998 shares at $1,788,941 based on the most recent closing price.
Stock Fundamentals for PBF
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- -0.0 for the gross margin
The net margin for PBF Energy Inc stands at -0.01. The total capital return value is set at -0.04. Equity return is now at value -4.65, with -2.11 for asset returns.
Based on PBF Energy Inc (PBF), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is -6.1.
Currently, EBITDA for the company is 3.52 billion with net debt to EBITDA at 4.41. When we switch over and look at the enterprise to sales, we see a ratio of 0.13. The receivables turnover for the company is 28.0for trailing twelve months and the total asset turnover is 2.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In summary, PBF Energy Inc (PBF) has had a mixed performance as of late. Analysts have bearish opinions on the stock, with some viewing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
