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Tuesday, December 5, 2023

There Is A Quest For Clarity Surrounding PBF Energy Inc (NYSE: PBF) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 $0.80, or 1.66%, to $49.00. The PBF Energy Inc has recorded 260,999 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that PBF Energy to Release Third Quarter 2023 Earnings Results.

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Stocks Info

This NYSE-listed company operates within the Oil & Gas Refining & Marketing industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $48.20 and fluctuated between $48.87 as its day high and $46.78 as its day low. The current market capitalization of PBF Energy Inc is $5.96B. A total of 2.19 million shares were traded on the day, compared to an average of 2.33M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PBF has seen 8 BUY and 14 SELL insider trades, representing the acquisition of 263,688 and the disposition of 238,265 shares. Over the last 12 months, there were 59 BUYs and 34 SELLs from insiders. Insiders purchased 1,043,916 shares during that period but sold 453,690.

In the most recent transaction, Fedena James E. sold 63,688 shares of PBF for 55.09 per share on Sep 28. After the transaction, the Senior Vice President now owns 80,859 company shares. In a previous transaction on Sep 28, O Connor Thomas L sold 50,000 shares at 55.17 per share. PBF shares that Senior Vice President owns now total 117,503.

Among the insiders who sold shares, O Connor Thomas L disposed of 50,000 shares on Sep 14 at a per-share price of $54.84. This resulted in the Senior Vice President holding 117,503 shares of PBF after the transaction. In another insider transaction, Davis Paul T sold 117,500 shares at $47.28 per share on Nov 04. Company shares held by the Senior Vice President now total 44,126.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. PBF Energy Inc pays an annual dividend of $0.83, resulting in a dividend yield of 1.73%, and it has a price to earnings (P/E) ratio of 2.01. PBF’s most recent ex-dividend date was 8/16/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 8/31/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/16/2023. The PBF stock dividend was $0.20 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PBF in the last 3 months, the mean price target is $54.77 with high estimates of $65.00 and low estimates of $40.00. In terms of 52-week highs and lows, PBF has a high of $56.38 and a low of $31.25.

As of this writing, PBF has an earnings estimate of $4.82 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $5.02 per share and a lower estimate of $4.6. The company reported an EPS of $2.76 in the last quarter, which was 7.00% higher than expectations of $2.58.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PBF’s latest balance sheet shows that the firm has $1.34B in Cash & Short Term Investments as of fiscal 2021. There were $5.01B in debt and $3.76B in liabilities at the time. Its Book Value Per Share was $48.75, while its Total Shareholder’s Equity was $2.53B.

Analysts Opinion

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. Currently, 0 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 Buy with a score of 3.67.

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