In the latest quarter, 9 analysts provided ratings for PBF Energy PBF, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 1 | 2 | 2 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $62.67, along with a high estimate of $74.00 and a low estimate of $54.00. This upward trend is apparent, with the current average reflecting a 11.91% increase from the previous average price target of $56.00.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive PBF Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Roger Read | Wells Fargo | Lowers | Overweight | $66.00 | $67.00 |
| Ryan Todd | Piper Sandler | Lowers | Neutral | $54.00 | $61.00 |
| Paul Cheng | Scotiabank | Raises | Sector Perform | $56.00 | $39.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $71.00 | $65.00 |
| Ryan Todd | Piper Sandler | Raises | Neutral | $61.00 | $50.00 |
| John Royall | JP Morgan | Raises | Overweight | $59.00 | $54.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $58.00 | $52.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $65.00 | $64.00 |
| Doug Leggate | B of A Securities | Raises | Buy | $74.00 | $52.00 |
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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PBF Energy compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for PBF Energy's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
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.
All You Need to Know About 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.
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 31 March, 2024, the company experienced a decline of approximately -6.99% 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 1.23%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): PBF Energy's ROE excels beyond industry benchmarks, reaching 1.65%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): PBF Energy's ROA stands out, surpassing industry averages. With an impressive ROA of 0.76%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.32.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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