PBF Energy Inc (NYSE: PBF) is -22.50% lower on its value in year-to-date trading and has touched a low of $33.80 and a high of $62.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PBF stock was last observed hovering at around $36.74 in the last trading session, with the day’s loss setting it -2.67%.
Currently trading at $34.07, the stock is -9.99% and -17.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.89 million and changing -7.27% at the moment leaves the stock -27.59% off its SMA200. PBF registered -29.61% loss for a year compared to 6-month loss of -26.62%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -11.09% gain in the last 1 month and extending the period to 3 months gives it a -31.48%, and is -6.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.92% over the week and 4.20% over the month.
PBF Energy Inc (PBF) has around 3776 employees, a market worth around $3.99B and $37.25B in sales. Current P/E ratio is 5.67 and Fwd P/E is 7.29. Profit margin for the company is 2.09%. Distance from 52-week low is 0.81% and -45.82% from its 52-week high. The company has generated returns on investments over the last 12 months (9.56%).
The EPS is expected to shrink by -91.86% this year.
PBF Energy Inc (PBF) Top Institutional Holders
529.0 institutions hold shares in PBF Energy Inc (PBF), with institutional investors hold 99.01% of the company’s shares. The shares outstanding are 120.44M, and float is at 96.88M with Short Float at 9.88%. Institutions hold 81.71% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.49 million shares valued at $891.68 million. The investor’s holdings represent 12.8007 of the PBF Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 11.46 million shares valued at $659.61 million to account for 9.4691 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.09 million shares representing 5.8626 and valued at over $408.38 million, while STATE STREET CORP holds 4.9771 of the shares totaling 6.02 million with a market value of $346.7 million.
PBF Energy Inc (PBF) Insider Activity
The most recent transaction is an insider purchase by Control Empresarial de Capital, the company’s Add’l Rep. Persons-see Ex.99-1. SEC filings show that Control Empresarial de Capital bought 73,000 shares of the company’s common stock on Aug 07 ’24 at a price of $36.47 per share for a total of $2.66 million. Following the purchase, the insider now owns 18.35 million shares.
PBF Energy Inc disclosed in a document filed with the SEC on Aug 06 ’24 that Control Empresarial de Capital (Add’l Rep. Persons-see Ex.99-1) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Aug 06 ’24 and was made at $35.96 per share for $3.6 million. Following the transaction, the insider now directly holds 18.28 million shares of the PBF stock.
Still, SEC filings show that on Aug 05 ’24, Control Empresarial de Capital (Add’l Rep. Persons-see Ex.99-1) acquired 50,000 shares at an average price of $35.60 for $1.78 million. The insider now directly holds 18,179,598 shares of PBF Energy Inc (PBF).
