After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for PBF Energy Inc. (PBF) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.35, or 0.75%, to $47.28. The PBF Energy Inc. has recorded 73,839 volume in the after hours trading session.
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Stocks Info
PBF Energy Inc. is listed on the NYSE as a member of the Energy sector and is a part of the Oil & Gas Refining & Marketing industry. At the end of the last regular session, the stock closed at $46.93 and fluctuated between $47.25 as its day high and $43.75 as its day low. The current market capitalization of PBF Energy Inc. is $6.10B. A total of 2.8 million shares were traded on the day, compared to an average of 3.78M shares.
Insider Activity
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, PBF has seen 4 BUY and 3 SELL insider trades, representing the acquisition of 51,745 and the disposition of 28,611 shares. Over the last 12 months, there were 52 BUYs and 50 SELLs from insiders. Insiders purchased 1,075,737 shares during that period but sold 12,501,444.
In the most recent transaction, Davis Paul T sold 117,500 shares of PBF for 47.28 per share on Nov 04. After the transaction, the Senior Vice President now owns 44,126 company shares. In a previous transaction on Nov 01, Barone John C sold 32,500 shares at 45.97 per share. PBF shares that Principal Accounting Officer owns now total 14,662.
Among the insiders who sold shares, O Connor Thomas L disposed of 100,000 shares on Aug 23 at a per-share price of $37.54. This resulted in the Senior Vice President holding 80,000 shares of PBF after the transaction. In another insider transaction, Control Empresarial de Capital sold 538,500 shares at $37.41 per share on Jun 03. Company shares held by the Add’l Rep. Persons-see Ex.99-1 now total 11,745,500.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. PBF Energy Inc. pays an annual dividend of $0.80, resulting in a dividend yield of 1.70%, and it has a price to earnings (P/E) ratio of 2.08. PBF’s most recent ex-dividend date was 2/28/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 3/16/2023. Previously, the company paid the dividend on 11/29/2022 with an ex-dividend date of 11/10/2022. The PBF stock dividend was $0.20 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for PBF in the last 3 months, the mean price target is $51.08 with high estimates of $70.00 and low estimates of $36.00. In terms of 52-week highs and lows, PBF has a high of $49.00 and a low of $16.07.
As of this writing, PBF has an earnings estimate of $4.93 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $5.49 per share and a lower estimate of $4.16. The company reported an EPS of $10.58 in the last quarter, which was 46.90% higher than expectations of $7.2.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PBF is Hold with a score of 3.73. A total of 6 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.
