How does PBF Energy Inc (PBF) change from a tortoise to a hare?

With 2.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.35 million shares. During the session, the Oil & Gas Refining & Marketing company that operates in wider Energy sector, reached to the highest price of $57.81 whereas the lowest price it dropped to was $55.50. The 52-week range on PBF shows that it touched its highest point at $58.65 and its lowest point at $31.25 during that stretch. It currently has a 1-year price target of $53.46. With its current market cap of 6.88 billion, PBF has annualized dividend of $0.90 while the current yield stands at 1.56%. Beta for the stock currently stands at 1.74.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PBF was up-trending over the past week, with a rise of 1.50%, but this was up by 25.67% over a month. Three-month performance surged to 27.09% while six-month performance rose 6.10%. The stock gained 31.47% in the past year, while it has gained 30.96% so far this year. A look at the trailing 12-month EPS for PBF yields 16.44 with Next year EPS estimates of 4.98. For the next quarter, that number is 0.58. This implies an EPS growth rate of -37.09% for this year and -30.08% for next year.

Float and Shares Shorts:

At present, 120.44 million PBF shares are outstanding with a float of 103.04 million shares on hand for trading. On Mar 15, 2024, short shares totaled 11.77 million, which was 9.88% higher than short shares on Feb 15, 2024. In addition to PBR as the firm’s Petroleo Brasileiro S.A.- Petro, PBI serves as its Pitney Bowes Inc.

Institutional Ownership:

Through their ownership of 86.19% of PBF’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PBF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.