PBF Energy Inc (PBF) stock expected to gain 36.0% in the coming months

PBF Energy Inc [PBF] stock prices are up 0.45% to $33.22 at the moment. 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 6.65% over the last week, with a monthly amount drifted -9.58%, 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 September 09, 2024, when Tudor Pickering Holt & Co. downgraded its rating to a Sell. On May 03, 2024, TD Cowen reiterated its Hold rating and revised its price target to $45 on the stock. Mizuho downgraded its rating to a Neutral and increased its price target to $58 on March 22, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $74 on March 15, 2024. TD Cowen reiterated a Market Perform rating for this stock on February 16, 2024, and upped its price target to $41. In a note dated January 24, 2024, Citigroup initiated an Neutral rating.

The stock price of PBF Energy Inc [PBF] has been fluctuating between $30.61 and $62.88 over the past year. Currently, Wall Street analysts expect the stock to reach $45.18 within the next 12 months. PBF Energy Inc [NYSE: PBF] shares were valued at $33.22 at the most recent close of the market. An investor can expect a potential return of 36.0% based on the average PBF price forecast.

Analyzing the PBF fundamentals

The PBF Energy Inc [NYSE:PBF] reported sales of 37.25B for trailing twelve months, representing a drop of -4.60%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.12 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.

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 32.71 points at the first support level, and at 32.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.02, and for the 2nd resistance point, it is at 34.82.

Ratios To Look Out For

It’s worth pointing out that PBF Energy Inc [NYSE:PBF]’s Current Ratio is 1.42. In addition, the Quick Ratio stands at 0.75 and the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 0.10, the price to book ratio is 0.62 and price to earnings (TTM) ratio is 5.53.

Transactions by insiders

Recent insider trading involved Control Empresarial de Capital, Add’l Rep. Persons-see Ex.99-1, that happened on Sep 11 ’24 when 0.67 million shares were purchased. Add’l Rep. Persons-see Ex.99-1, Control Empresarial de Capital completed a deal on Sep 12 ’24 to buy 0.17 million shares. Meanwhile, Add’l Rep. Persons-see Ex.99-1 Control Empresarial de Capital bought 0.47 million shares on Sep 10 ’24.

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