Searching For Real Value In Market Debris At PBF Energy Inc (NYSE: PBF)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted PBF Energy to Participate in Industry Conferences.

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Stocks Info

As a NYSE listed company, PBF falls under the Energy sector while operating within the Oil & Gas Refining & Marketing industry segment. The current market capitalization of PBF Energy Inc is $6.46B. A total of 1.64 million shares were traded on the day, compared to an average of 2.18M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, PBF has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 34 BUYs and 27 SELLs from insiders. Insiders purchased 592,810 shares during that period but sold 254,393.

In the most recent transaction, Control Empresarial de Capital bought 12,200 shares of PBF for 43.86 per share on Jan 24. After the transaction, the Add’l Rep. Persons-see Ex.99-1 now owns 14,345,198 company shares. In a previous transaction on Jan 17, Control Empresarial de Capital bought 500,000 shares at 41.57 per share. PBF shares that Add’l Rep. Persons-see Ex.99-1 owns now total 14,332,998.

Among the insiders who bought shares, Control Empresarial de Capital acquired of 770,000 shares on Jan 16 at a per-share price of $42.95. This resulted in the Add’l Rep. Persons-see Ex.99-1 holding 13,832,998 shares of PBF after the transaction. In another insider transaction, Control Empresarial de Capital bought 486,000 shares at $42.48 per share on Jan 12. Company shares held by the Add’l Rep. Persons-see Ex.99-1 now total 13,062,998.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. PBF Energy Inc pays an annual dividend of $0.85, resulting in a dividend yield of 1.61%, and it has a price to earnings (P/E) ratio of 2.44. PBF’s most recent ex-dividend date was 11/14/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 11/30/2023. Previously, the company paid the dividend on 8/31/2023 with an ex-dividend date of 8/16/2023. The PBF stock dividend was $0.20 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for PBF in the last 3 months, the mean price target is $49.93 with high estimates of $67.00 and low estimates of $35.00. 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 $0.08 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.45 per share and a lower estimate of -$0.08. The company reported an EPS of $2.29 in the last quarter, which was 3.60% higher than expectations of $2.21.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s 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 $54.63, 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 3.62.

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