PBF Energy Inc [NYSE: PBF] price surged by 5.31 percent to reach at $1.58.
The one-year PBF stock forecast points to a potential downside of -5.71. The average equity rating for PBF stock is currently 3.56, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on PBF Energy Inc [PBF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PBF shares is $29.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PBF stock is a recommendation set at 3.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for PBF Energy Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on December 20, 2024. While these analysts kept the previous recommendation, Mizuho dropped their target price from $33 to $31. The new note on the price target was released on December 16, 2024, representing the official price target for PBF Energy Inc stock. Previously, the target price had yet another drop from $39 to $34, while Wells Fargo kept a Equal Weight rating on PBF stock. On November 01, 2024, analysts decreased their price target for PBF shares from 32 to 27.
The Average True Range (ATR) for PBF Energy Inc is set at 1.24, with the Price to Sales ratio for PBF stock in the period of the last 12 months amounting to 0.10. The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 8.48. Price to Free Cash Flow for PBF in the course of the last twelve months was 11.81 with Quick ratio for the last quarter at 0.65.
PBF Stock Performance Analysis:
PBF Energy Inc [PBF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.52. With this latest performance, PBF shares gained by 5.35% in over the last four-week period, additionally sinking by -22.63% over the last 6 months – not to mention a drop of -26.95% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PBF stock in for the last two-week period is set at 69.28, with the RSI for the last a single of trading hit 80.45, and the three-weeks RSI is set at 61.70 for PBF Energy Inc [PBF]. The present Moving Average for the last 50 days of trading for this stock 29.27, while it was recorded at 29.10 for the last single week of trading, and 38.76 for the last 200 days.
Insight into PBF Energy Inc Fundamentals:
PBF Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.65 and a Current Ratio set at 1.34.
PBF Energy Inc [PBF] Institutonal Ownership Details
There are presently around $79.66%, or 108.88%% of PBF stock, in the hands of institutional investors. The top three institutional holders of PBF stocks are: BLACKROCK INC. with ownership of 14.7 million shares, which is approximately 12.2613%. VANGUARD GROUP INC, holding 11.3 million shares of the stock with an approximate value of $$519.82 million in PBF stocks shares; and VANGUARD GROUP INC, currently with $$326.33 million in PBF stock with ownership which is approximately 5.916%.
