PBF Energy Inc [NYSE: PBF] traded at a low on Thursday, posting a -12.78 loss after which it closed the day’ session at $23.21.
The results of the trading session contributed to over 7218183 shares changing hands. Over the past one week, the price volatility of PBF Energy Inc stands at 7.19% while the volatility over the past one month is 5.33%.
The market cap for PBF stock reached $2.67 billion, with 115.12 million shares outstanding and 83.36 million shares in the current float. Compared to the average trading volume of 2.03M shares, PBF reached a trading volume of 7218183 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $29.54 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 3.44. 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 1.65, with the Price to Sales ratio for PBF stock in the period of the last 12 months amounting to 0.08. The Price to Book ratio for the last quarter was 0.45, 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 8.75 with Quick ratio for the last quarter at 0.65.
How has PBF stock performed recently?
PBF Energy Inc [PBF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.40. With this latest performance, PBF shares dropped by -21.93% in over the last four-week period, additionally sinking by -36.27% over the last 6 months – not to mention a drop of -56.31% 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 30.92, with the RSI for the last a single of trading hit 24.97, and the three-weeks RSI is set at 34.62 for PBF Energy Inc [PBF]. The present Moving Average for the last 50 days of trading for this stock 28.60, while it was recorded at 27.01 for the last single week of trading, and 35.81 for the last 200 days.
PBF Energy Inc [PBF]: Deeper insight into the 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.
Insider trade positions for PBF Energy Inc [PBF]
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%.
