PBF Energy (PBF) Stock Price, News & Analysis

Company Overview

PBF Energy Inc., through its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and asphalt, as well as unbranded transportation fuels, petrochemical feedstocks, blending components, and other petroleum products from crude oil. The company sells its products in Northeast, Midwest, Gulf Coast, and West Coast of the United States, as well as in other regions of the United States, Canada, Mexico, and internationally. It is also involved in the provision of various rail, truck, and marine terminaling services, as well as pipeline transportation and storage services. The company was founded in 2008 and is based in Parsippany, New Jersey.

Key Stats

• Today's Range: $24.21 to $25.61
• 50-Day Range: $25.15 to $33.70
• 52-Week Range: $24.21 to $62.88
• Volume: 6.49 million shs
• Average Volume: 2.18 million shs
• Market Capitalization: $2.90 billion
• P/E Ratio: N/A
• Dividend Yield: 4.37%
• Price Target: $32.45
• Consensus Rating: Reduce

PBF Energy Stock Analysis - MarketRank™

PBF Energy scored higher than 79% of companies evaluated by MarketBeat, and ranked 82nd out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Reduce

Consensus Rating

PBF Energy has received a consensus rating of Reduce. The company's average rating score is 1.60, and is based on no buy ratings, 9 hold ratings, and 6 sell ratings.

Amount of Analyst Coverage

PBF Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for PBF Energy are expected to grow in the coming year, from ($2.87) to ($0.26) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PBF Energy is -9.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of PBF Energy is -9.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

PBF Energy has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

12.73% of the float of PBF Energy has been sold short.

Short Interest Ratio / Days to Cover

PBF Energy has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in PBF Energy has recently decreased by 12.00%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

PBF Energy is a leading dividend payer. It pays a dividend yield of 3.94%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

PBF Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.73% of the float of PBF Energy has been sold short.

Short Interest Ratio / Days to Cover

PBF Energy has a short interest ratio ("days to cover") of 4.8.

Change versus previous month

Short interest in PBF Energy has recently decreased by 12.00%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.50

News Sentiment

PBF Energy has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 26 news articles for PBF Energy this week, compared to 9 articles on an average week.

Search Interest

Only 14 people have searched for PBF on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

MarketBeat Follows

7 people have added PBF Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, PBF Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $112,411,021.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 5.30% of the stock of PBF Energy is held by insiders.

Percentage Held by Institutions

96.29% of the stock of PBF Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PBF Stock Analysis - Frequently Asked Questions

How have PBF shares performed this year?

PBF Energy's stock was trading at $43.96 at the start of the year. Since then, PBF shares have decreased by 42.8% and is now trading at $25.15.
View the best growth stocks for 2024 here.

How were PBF Energy's earnings last quarter?

PBF Energy Inc. (NYSE:PBF) issued its earnings results on Thursday, October, 31st. The oil and gas company reported ($1.50) EPS for the quarter, missing analysts' consensus estimates of ($1.41) by $0.09. The company's revenue was down 21.9% on a year-over-year basis.

Who are PBF Energy's major shareholders?

PBF Energy's top institutional investors include State Street Corp (5.32%), Geode Capital Management LLC (2.19%), Healthcare of Ontario Pension Plan Trust Fund (1.34%) and Charles Schwab Investment Management Inc. (1.23%). Insiders that own company stock include Control Empresarial De Capital, Connor Thomas L O, Paul T Davis, Trecia M Canty, C Erik Young and John C Barone.
View institutional ownership trends.

How do I buy shares of PBF Energy?

Shares of PBF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PBF Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PBF Energy investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Humana (HUM), Adobe (ADBE) and Salesforce (CRM).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 11/27 Dividend: 11/13/2024
• Dividend Payable: 11/27/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Petroleum refining
• Sub-Industry: Oil & Gas Refining & Marketing
• Current Symbol: NYSE:PBF
• CUSIP: 69318G10
• CIK: 1534504
• Web: www.pbfenergy.com
• Phone: (973) 455-7500
• Fax: N/A
• Employees: 3,776
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $32.45
• High Stock Price Target: $44.00
• Low Stock Price Target: $20.00
• Potential Upside/Downside: +29.0%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.60
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.59)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $2.14 billion
• Net Margins: -0.84%
• Pretax Margin: -1.19%
• Return on Equity: -2.84%
• Return on Assets: -1.31%

Debt

• Debt-to-Equity Ratio: 0.21
• Current Ratio: 1.34
• Quick Ratio: 0.65

Sales & Book Value

• Annual Sales: $34.90 billion
• Price / Sales: 0.08
• Cash Flow: $14.79 per share
• Price / Cash Flow: 1.70
• Book Value: $55.06 per share
• Price / Book: 0.46

Miscellaneous

• Outstanding Shares: 115,123,000
• Free Float: 109,021,000
• Market Cap: $2.90 billion
• Optionable: Optionable
• Beta: 1.57