PBF Energy Inc’s stock (PBF) continues to rise above its goal

A share price of PBF Energy Inc [PBF] is currently trading at $48.75, up 4.39%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PBF shares have gain 2.98% over the last week, with a monthly amount drifted -3.48%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

PBF Energy Inc [NYSE: PBF] stock has seen the most recent analyst activity on February 16, 2024, when TD Cowen reiterated its Market Perform rating and also boosted its price target to $41 from $35. On January 03, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $52 on the stock. BMO Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $60 on October 05, 2023. BofA Securities downgraded its rating to a Neutral and raised its price target to $56 on August 15, 2023. Mizuho downgraded its rating to Neutral for this stock on May 19, 2023, and downed its price target to $41. In a note dated March 09, 2023, UBS initiated an Neutral rating and provided a target price of $53 on this stock.

PBF Energy Inc experienced fluctuations in its stock price throughout the past year between $31.25 and $56.38. Currently, Wall Street analysts expect the stock to reach $39.38 within the next 12 months. PBF Energy Inc [NYSE: PBF] shares were valued at $48.75 at the most recent close of the market. An investor can expect a potential drop of -19.22% based on the average PBF price forecast.

Analyzing the PBF fundamentals

Trailing Twelve Months sales for PBF Energy Inc [NYSE:PBF] were 38.32B which represents -15.74% decline. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.35 and Total Capital is 0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.21.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.67 points at the first support level, and at 46.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.30, and for the 2nd resistance point, it is at 49.84.

Ratios To Look Out For

To put it in perspective, the Current Ratio for PBF Energy Inc [NYSE:PBF] is 1.56. In addition, the Quick Ratio stands at 0.81 and the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 0.15, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 2.96.

Transactions by insiders

Recent insider trading involved Control Empresarial de Capital, Add’l Rep. Persons-see Ex.99-1, that happened on Jan 24 when 12200.0 shares were purchased. Add’l Rep. Persons-see Ex.99-1, Control Empresarial de Capital completed a deal on Jan 17 to buy 0.5 million shares. Meanwhile, Add’l Rep. Persons-see Ex.99-1 Control Empresarial de Capital bought 0.77 million shares on Jan 16.

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