PBF Energy Inc. [PBF] shares are down more than -79.47% this year and recently decreased -0.08% or -$0.48 to settle at $5.70. Analysts expect PBF to shrink earnings at a -1.61% annual rate over the next 5 years. PBF has a short ratio of 2.94. This implies that the market is currently less bearish on the outlook for PBF.
On 22, September 2020, PBF Energy to Release Third Quarter 2020 Earnings Results. According to news published on Yahoo Finance, PBF Energy Inc. (NYSE: PBF) announced today that it will release its earnings results for the third quarter 2020 on Thursday, October 29, 2020. The company will host a conference call and webcast regarding quarterly results and other business matters on Thursday, October 29, 2020, at 8:30 a.m. ET.
Analyst Birdseye View:
The most recent analyst activity for PBF Energy Inc. [NYSE:PBF] stock was on September 28, 2020, when it was Downgrade with an Underperform rating from Credit Suisse, which also lowered its 12-month price target on the stock from $14 to $5. Before that, on September 30, 2020, Wells Fargo Recapitulated an Equal weight rating and elevated its amount target to $6.50. On June 24, 2020, Goldman Downgrade a Sell rating and plunged its price target on this stock from $12 to $10. On May 19, 2020, Barclays Downgrade an Underweight rating and decreased its price target from $11 to $7. On April 24, 2020, Citigroup Downgrade a Sell rating and decreased its price target to $4. On April 20, 2020, BofA/Merrill Downgrade a Neutral rating. On April 14, 2020, Scotiabank Downgrade a Sector underperform rating and boosted its target amount on this stock to $7. Cowen elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $5.19 and a peak of $34.91. Right now, the middling Wall Street analyst 12-month amount mark is $6.75. At the most recent market close, shares of PBF Energy Inc. [NYSE:PBF] were valued at $5.70. According to the average price forecast, investors can expect a potential return of -25.93%.
PBF Energy Inc. [NYSE:PBF] most recently reported quarterly sales of 2.52 billion, which represented growth of -61.60%. This publicly-traded organization’s revenue is $7,120,337 per employee, while its income is $92,650 per employee. This company’s Gross Margin is currently 7.20%, its Operating Margin is -2.40%, its Pretax Margin is +1.96, and its Net Margin is +1.30. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 3.72, 11.16, 10.63 and 6.40 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 44.07 and the whole liability to whole assets at 26.23. It shows enduring liability to the whole principal at 42.62 and enduring liability to assets at 0.25 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 5.56 points at 1st support level, the second support level is making up to 5.42. But as of 1st resistance point, this stock is sitting at 5.97 and at 6.23 for 2nd resistance point.
PBF Energy Inc. [PBF] reported its earnings at -$3.19 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$2.98/share signifying the difference of -0.21 and -7.00% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$1.19 calling estimates for -$1.04/share with the difference of -0.15 depicting the surprise of -14.40%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for PBF Energy Inc. [NYSE:PBF] is 1.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.32. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.16 and it’s amount to book ratio is 1.24.
The most recent insider trade was by Young C Erik, Chief Financial Officer, SVP, and it was the purchase of 6893.0 shares on Sep 30. Young C Erik, the Chief Financial Officer, SVP, completed a purchase of 15000.0 shares on Sep 30. On Sep 30, O Connor Thomas L, Senior Vice President, completed a purchase of 25000.0 shares.