Mizuho raised the price target for the PBF Energy Inc. (NYSE:PBF) stock to “a Buy”. The rating was released on January 10, 2023, according to finviz. The research report from Wolfe Research has upgraded the stock from Underperform to Outperform, with a price target set at $49. The stock was upgraded by Wells Fargo, who disclosed in a research note on June 14, 2022, from Equal Weight to Overweight and set the price objective to $57. In their research brief published May 17, 2022, JP Morgan analysts upgraded the PBF Energy Inc. stock from Underweight to Neutral with a price target of $34.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of PBF Energy Inc. (NYSE:PBF) raised 3.38% to close Monday’s market session at $43.80, higher as compared to yesterday’s close. The stock price fluctuated between $42.66 and $45.41 throughout the trading session with the volume trading being 3292867 shares, which represented a significant variation when compared to the three months average volume of 3.58 million shares. The firm’s stock price fluctuated 10.11% within the last five trades and 14.36% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 65.85% in the last 6 months and -0.02% was subtracted to its value over the previous 3 months. PBF stock is trading at a margin of 10.42%, 8.29% and 24.32% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, PBF deals in the Energy domain. The stock is trading -10.61 percent below its 52-week high and 196.95 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 123.3. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does PBF Energy Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 7.80 percent and the profit margin is 5.40 percent, and the company has reported a gross margin of 16.00 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $5.88 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for PBF Energy Inc. (NYSE:PBF) is 2.30. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 4.25. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.13 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.27, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 1.10 percent of PBF Energy Inc. shares are owned by insiders, and 81.60 percent are held by financial institutions. Davis Paul T, the Senior Vice President at PBF Energy Inc. (PBF) has sold 117,500 shares of firm on Nov 04 at a price of $47.28 against the total amount of $5.56 million. In another inside trade, Barone John C, Principal Accounting Officer of PBF Energy Inc. (NYSE:PBF) sold 32,500 shares of the firm on Nov 01 for a total worth of $1.49 million at a price of $45.97. An inside trade which took place on Aug 23, Senior Vice President of PBF Energy Inc. O Connor Thomas L sold 100,000 shares of firm against total price of $3.75 million at the cost of $37.54 per share.