PBF Energy logged a -0.8% change during today's morning session, and is now trading at a price of $12.3 per share.
PBF Energy returned losses of -12.7% last year, with its stock price reaching a high of $15.73 and a low of $11.03. Over the same period, the stock underperformed the S&P 500 index by -23.9%. AThe company's 50-day average price was $11.8. Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. Based in Rio De Janeiro, Brazil, the Large-Cap Energy company has 41,778 full time employees. PBF Energy has offered a 45.2% dividend yield over the last 12 months.
Healthy Leverage Levels but Not Enough Current Assets to Cover Current Liabilities:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $76,589 | $53,683 | $83,966 | $124,474 | $102,409 | $91,416 |
| Gross Margins | 40% | 46% | 49% | 52% | 53% | 50% |
| Net Margins | 14% | 2% | 24% | 30% | 24% | 8% |
| Net Income (M) | $10,363 | $948 | $19,986 | $36,755 | $24,995 | $7,605 |
| Diluted Shares (M) | 7,442 | 7,442 | 7,442 | 7,442 | 7,442 | 7,442 |
| Earnings Per Share | $1.39 | $0.13 | $1.52 | $2.81 | $1.91 | $0.58 |
| EPS Growth | n/a | -90.64748201438849% | 1069.2307692307693% | 84.86842105263158% | -32.028469750889684% | -69.63350785340315% |
| Free Cash Flow (M) | $25,600 | $15,656 | $19,724 | $24,913 | $23,223 | $19,511 |
| Total Debt (M) | $58,791 | $49,702 | $32,059 | $26,378 | $24,479 | $20,596 |
| Net Debt / EBITDA | 1.45 | 1.77 | 0.44 | 0.26 | 0.23 | 0.44 |
| Current Ratio | 0.97 | 1.04 | 1.25 | 1.0 | 0.96 | 0.69 |
PBF Energy has declining EPS growth, positive cash flows, and not enough current assets to cover current liabilities because its current ratio is 0.69. On the other hand, the company has healthy leverage levels working in its favor. Furthermore, PBF Energy has similar gross margins to its peers.
an Exceptionally Low P/B Ratio but Priced Beyond Its Margin of Safety:
PBF Energy has a trailing twelve month P/E ratio of 8.8, compared to an average of 18.35 for the Energy sector. Based on its EPS guidance of $2.97, the company has a forward P/E ratio of 4.0. The 11.5% compound average growth rate of PBF Energy's historical and projected earnings per share yields a PEG ratio of 0.77. This suggests that its shares are undervalued. Additionally, the market is possibly undervaluing PBF Energy in terms of its equity because its P/B ratio is 0.4 whereas the sector average is 1.6. The company's shares are currently trading 20.6% below their Graham number.
PBF Energy Has an Average Rating of Buy:
The 13 analysts following PBF Energy have set target prices ranging from $12.5 to $17.0 per share, for an average of $14.98 with a buy rating. The company is trading -17.9% away from its average target price, indicating that there is an analyst consensus of some upside potential.
PBF Energy has a very low short interest because 1.4% of the company's shares are sold short. Institutions own 19.7% of the company's shares, and the insider ownership rate stands at 0.0%, suggesting a small amount of insider investors. The largest shareholder is GQG Partners LLC, whose 7% stake in the company is worth $3,150,016,297.
