The stock of PBF Energy Inc. (PBF) has seen a -10.61% decrease in the past week, with a -16.71% drop in the past month, and a -12.56% decrease in the past quarter. The volatility ratio for the week is 3.63%, and the volatility levels for the past 30 days are at 5.08% for PBF. The simple moving average for the last 20 days is -13.56% for PBF’s stock, with a simple moving average of -7.54% for the last 200 days.
Is It Worth Investing in PBF Energy Inc. (NYSE: PBF) Right Now?
PBF Energy Inc. (NYSE: PBF) has a higher price-to-earnings ratio of 1.58x compared to its average ratio,, and the 36-month beta value for PBF is at 1.97.
The public float for PBF is 109.51M, and currently, shorts hold a 10.85% of that float. The average trading volume for PBF on April 21, 2023 was 2.93M shares.
PBF) stock’s latest price update
PBF Energy Inc. (NYSE: PBF)’s stock price has dropped by -3.26 in relation to previous closing price of 36.84. Nevertheless, the company has seen a loss of -10.61% in its stock price over the last five trading days.
Analysts’ Opinion of PBF
Many brokerage firms have already submitted their reports for PBF stocks, with UBS repeating the rating for PBF by listing it as a “Neutral.” The predicted price for PBF in the upcoming period, according to UBS is $53 based on the research report published on March 09th of the current year 2023.
Mizuho, on the other hand, stated in their research note that they expect to see PBF reach a price target of $50, previously predicting the price at $43. The rating they have provided for PBF stocks is “Buy” according to the report published on January 10th, 2023.
JP Morgan gave a rating of “Overweight” to PBF, setting the target price at $43 in the report published on September 21st of the previous year.
PBF Trading at -15.98% 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 -27.27% of loss for the given period.
Volatility was left at 5.08%, however, over the last 30 days, the volatility rate increased by 3.63%, as shares sank -17.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.02% lower at present.
During the last 5 trading sessions, PBF fell by -10.61%, which changed the moving average for the period of 200-days by +26.07% in comparison to the 20-day moving average, which settled at $40.86. In addition, PBF Energy Inc. saw -12.60% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PBF starting from Davis Paul T, who sale 117,500 shares at the price of $47.28 back on Nov 04. After this action, Davis Paul T now owns 44,126 shares of PBF Energy Inc., valued at $5,555,729 using the latest closing price.
Barone John C, the Principal Accounting Officer of PBF Energy Inc., sale 32,500 shares at $45.97 during a trade that took place back on Nov 01, which means that Barone John C is holding 14,662 shares at $1,493,937 based on the most recent closing price.
Stock Fundamentals for PBF
Current profitability levels for the company are sitting at:
- +9.04 for the present operating margin
- +10.04 for the gross margin
The net margin for PBF Energy Inc. stands at +6.14. The total capital return value is set at 55.55, while invested capital returns managed to touch 41.58. Equity return is now at value 81.00, with 21.40 for asset returns.
Based on PBF Energy Inc. (PBF), the company’s capital structure generated 53.60 points at debt to equity in total, while total debt to capital is 34.89. Total debt to assets is 18.43, with long-term debt to equity ratio resting at 41.50. Finally, the long-term debt to capital ratio is 27.02.
When we switch over and look at the enterprise to sales, we see a ratio of 0.11, with the company’s debt to enterprise value settled at 0.46. The receivables turnover for the company is 34.26 and the total asset turnover is 3.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
In conclusion, PBF Energy Inc. (PBF) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.