What Analysts Are Saying About PBF Energy Stock

In the latest quarter, 4 analysts provided ratings for PBF Energy PBF, showcasing a mix of bullish and bearish perspectives.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $54.75, a high estimate of $65.00, and a low estimate of $49.00. This current average has decreased by 8.25% from the previous average price target of $59.67.

Diving into Analyst Ratings: An In-Depth Exploration

A clear picture of PBF Energy's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PBF Energy. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of PBF Energy compared to the broader market.
• Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of PBF Energy's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on PBF Energy analyst ratings.

Unveiling the Story Behind PBF Energy

PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.

Breaking Down PBF Energy's Financial Performance

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Negative Revenue Trend: Examining PBF Energy's financials over 3 months reveals challenges. As of 30 September, 2023, the company experienced a decline of approximately -15.91% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.

Net Margin: PBF Energy's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 7.33%, the company may face hurdles in effective cost management.

Return on Equity (ROE): PBF Energy's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.32% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): PBF Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.47%, the company showcases efficient use of assets and strong financial health.

Debt Management: PBF Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.31, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.