Throughout the last three months, 7 analysts have evaluated PBF Energy (NYSE:PBF), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 2 | 5 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 3 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $52.71, a high estimate of $66.00, and a low estimate of $45.00. This current average represents a 10.22% decrease from the previous average price target of $58.71.
Understanding Analyst Ratings: A Comprehensive Breakdown
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 |
|---|---|---|---|---|---|
| Paul Cheng | Scotiabank | Lowers | Sector Perform | $45.00 | $56.00 |
| John Royall | JP Morgan | Lowers | Overweight | $53.00 | $58.00 |
| Neil Mehta | Goldman Sachs | Lowers | Neutral | $50.00 | $57.00 |
| Nitin Kumar | Mizuho | Lowers | Neutral | $54.00 | $58.00 |
| Ryan Todd | Piper Sandler | Lowers | Neutral | $47.00 | $54.00 |
| Roger Read | Wells Fargo | Lowers | Overweight | $66.00 | $67.00 |
| Ryan Todd | Piper Sandler | Lowers | Neutral | $54.00 | $61.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to PBF Energy. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into 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.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PBF Energy's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on PBF Energy analyst ratings.
Discovering PBF Energy: A Closer Look
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.
Unraveling the Financial Story of PBF Energy
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
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. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: PBF Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.23% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): PBF Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.65%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.76%, the company showcases effective utilization of assets.
Debt Management: PBF Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.32, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
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.