What Are The Chances Of PBF Energy Inc (NYSE: PBF) Becoming A Clear Buy?

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.

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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 $6.85B. A total of 1.27 million shares were traded on the day, compared to an average of 2.21M shares.

In the most recent transaction, Davis Paul T sold 100,000 shares of PBF for 56.37 per share on Mar 25 ’24. After the transaction, the Senior Vice President now owns 110,978 company shares. In a previous transaction on Mar 25 ’24, O Connor Thomas L sold 10,000 shares at 57.15 per share. PBF shares that Senior Vice President owns now total 160,338.

Among the insiders who sold shares, O Connor Thomas L disposed of 40,000 shares on Mar 19 ’24 at a per-share price of $55.87. This resulted in the Senior Vice President holding 160,338 shares of PBF after the transaction. In another insider transaction, O Connor Thomas L sold 40,000 shares at $55.07 per share on Mar 14 ’24. Company shares held by the Senior Vice President now total 160,338.

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 $0.90, resulting in a dividend yield of 1.57%, and it has a price to earnings (P/E) ratio of 3.48. PBF’s most recent ex-dividend date was 2/28/2024 when it declared a $0.25 quarterly dividend that was paid in cash on 3/14/2024. Previously, the company paid the dividend on 11/30/2023 with an ex-dividend date of 11/14/2023. The PBF stock dividend was $0.25 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. In terms of 52-week highs and lows, PBF has a high of $62.88 and a low of $31.25.

As of this writing, PBF has an earnings estimate of $Pitney Bowes Inc. per share for the current quarter. EPS was calculated based on a consensus of Petroleo Brasileiro S.A.- Petro estimates, with a high estimate of $PBF Energy Inc. per share and a lower estimate of $iShares Preferred and Income Se.

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 $53.87, 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 3.50.

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