PBF Energy Inc (NYSE:PBF) shares, rose in value, with the stock price down by -2.43% to the previous day’s close as strong demand from buyers drove the stock to $20.06.
Actively observing the price movement in the last trading, the stock closed the session at $20.56. Referring to stock’s 52-week performance, its high was $62.88, and the low was $19.51. On the whole, PBF has fluctuated by -27.63% over the past month.
With the market capitalization of PBF Energy Inc currently standing at about $2.31 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.05, with its dividend yield at 5.23%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 30.91B, with a low estimate of 5.71B and a high estimate of 9.5B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.88B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PBF’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of PBF currently trading nearly -16.92% and -24.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.52, while the 7-day volatility ratio is showing 5.81% which for the 30-day chart, stands at 6.00%. Furthermore, PBF Energy Inc (PBF)’s beta value is 1.12, and its average true range (ATR) is 1.36.
A comparison of PBF Energy Inc (PBF) with its peers suggests the former has fared considerably weaker in the market. PBF showed an intraday change of -2.43% in last session, and over the past year, it shrunk by -58.85%%. In comparison, Valero Energy Corp. (VLO) has moved lower at -4.58%% on the day and was down -15.70% over the past 12 months. On the other hand, the price of HF Sinclair Corp. (DINO) has fallen -2.05%% on the day. The stock, however, is off -44.05% from where it was a year ago. Additionally, there is a loss of -2.81%% for Delek US Holdings Inc. (DK) in last trading while the stock has seen an overall depriciation of -39.75%% over the past year.
Data on historical trading for PBF Energy Inc (NYSE:PBF) indicates that the trading volumes over the past 3 months, they’ve averaged 2.44 million. According to company’s latest data on outstanding shares, there are 115.31 million shares outstanding.
Nearly 28.18% of PBF Energy Inc’s shares belong to company insiders and institutional investors own 76.54% of the company’s shares. The stock has fallen by -24.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PBF stock heading into the next quarter.
