How to Buy Pbf Energy Stock
Pbf Energy Inc
Pbf Energy is a oil & gas refining & marketing company located in New Jersey, United States, which is part of the Energy sector, and is traded under the ticker PBF on the NYSE exchange.
Pbf Energy stock last closed at $58.60, down 1.88% from the previous day, and has increased 52.09% in one year. It has overperformed other stocks in the Oil & Gas Refining & Marketing industry by 0.31 percentage points. Pbf Energy stock is currently +87.49% from its 52-week low of $31.26, and -6.81% from its 52-week high of $62.88.
There are currently 119.56M shares of PBF outstanding. The market value of PBF is $7.01B. In the last 24 hours, 1.25M PBF shares were traded.
How to Buy Pbf Energy Stock
Not sure how to invest in Pbf Energy stock? Here's how.
- Decide where to buy Pbf Energy stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Pbf Energy stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your info.
- Evaluate Pbf Energy stock: The Pbf Energy ticker symbol is PBF. Is Pbf Energy stock a good investment? Should you buy shares of PBF? How do PBF's underlying business fundamentals look? Do top analysts think Pbf Energy is a good buy? Why has PBF's stock price moved recently? (Hint: Our stock market research website can help you understand if PBF is a good stock to buy).
- Place your PBF trade: Decide if you will purchase PBF shares at the current market price or use a limit order to purchase PBF shares at a particular price.
- Get the latest scoop on your PBF investment: Create a watchlist to keep tabs on your investment in Pbf Energy shares.
Step 1: Decide where to buy Pbf Energy stock
You will need an online brokerage account to access the NYSE market and buy PBF stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you can buy PBF stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open a new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on app for stock, your next step is to transfer the money for your investment:
Check out the video below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Pbf Energy stock
Once you have figured out the best place to buy Pbf Energy stock, it's crucial to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Pbf Energy Numbers
Pbf Energy Zen Score
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PBF's stock page.
What is the fair value of PBF stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge PBF's intrinsic value.
Using relative valuations metrics:
- PBF may be undervalued based on its P/E ratio of 3.42x, relative to Oil & Gas Refining & Marketing industry P/E ratio of 8.87x
- PBF may be undervalued based on its P/B ratio of 1.08x, relative to Oil & Gas Refining & Marketing industry P/B ratio of 2.28x
- PBF may be undervalued based on its PEG ratio of 0.06x
You can access more valuation research on PBF's stock here.
PBF Financial Overview
Positive Financial Indicators:
- Total PBF debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the PBF balance sheet.
- There are more short-term assets than short-term liabilities on the PBF balance sheet.
- PBF earnings of $2.93B is not enough to cover its interest payments.
- PBF's operating cash flow of $1.34B allows it to safely service it's debt of $2.03B.
Negative Financial Indicators:
- PBF profit margin has gone down from 6.1% to 5.6% in the past year.
- PBF has a relatively high debt to equity ratio of 1.2.
Do Wall Street analysts think it's a good time to buy PBF stock
Out of 7 Wall Street analysts who give forecasts on PBF, the consensus analyst rating on PBF is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Latest PBF Analyst Recommendations
Doug Leggate, a top 9% analyst from Bank of America upgrades PBF to a strong buy rating and raises their PBF price target from $52.00 to $74.00, on Mar 15, 2024.
Bank of America's Doug Leggate upgraded their rating on Pbf Energy (NYSE: PBF) from Hold to Strong Buy on 2024/03/15. The analyst also raised their price target by 42.3% from $52 to $74.
The analyst said they raised their price target on names in their Oil and Gas portfolio by an average of 25% after taking a deep dive into the space.
"When considering a sustainable increase in mid-cycle earnings," Leggate said that "conditions seem to be lining up for another step up in absolute valuations for the U.S."
With the U.S. refining system entering its third seasonal cycle post-COVID, BaoA "sees several repeating factors that lead it to view the magnitude of what constitutes a higher, sustainable mid-cycle when compared to a 10-year view," the analyst reported, adding that 2024 is "looking like another above mid-cycle year."
Manav Gupta, a bottom 7% analyst from UBS maintains PBF with a hold rating and lowers their PBF price target from $53.00 to $49.00, on Dec 7, 2023.
You can dive deeper into what analysts are saying on the Pbf Energy stock forecast page.
PBF Technical Indicators
PBF Earnings
Last year, PBF earnings were $2.14B. Over the past 5 year, PBF's earnings have increased by 72.86% per year. This was faster than the Oil & Gas Refining & Marketing industry average of 21.35%.
Last year, PBF revenue was $38.32B. Over the last 5 year, PBF's revenue has grown by 7.11% per year. This was slower than the Oil & Gas Refining & Marketing industry average of 7.38%.
Learn more about PBF's earnings and revenue performance here.
Latest Insiders Trades at PBF
Over the past 12 months, executives and large shareholders at PBF have bought more shares than they have sold.
Paul T. Davis, Senior Vice President of PBF, was the latest PBF insider to sell. They sold $5,637,200.00 worth of PBF shares on Mar 25, 2024.
Dig into more about who owns PBF stock here.
Does PBF stock generate passive income?
Pbf Energy pays a dividend of 1.54%, compared to the Oil & Gas Refining & Marketing industry's average dividend yield of 6.54%. If you owned $1,000 worth of PBF stock, you would have received $15.36 last year.
Pbf Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Pbf Energy dividend yield and history here.
What others are saying about PBF
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your PBF trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Press the Open button and eToro will place the order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest scoop on your PBF investment
Now that you own some PBF stock, you'll want to stay up-to-date on your new company.
Start a watchlist to track the latest developments regarding your PBF stock.
PBF Feed
How to Buy Stock in Pbf Energy
To reiterate, here are the 6 steps to buy Pbf Energy stock:
- Decide where to buy Pbf Energy stock
- Create a brokerage account
- Fund your investment account
- Evaluate Pbf Energy stock
- Place your PBF trade
- Get the latest scoop on your PBF investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Pbf Energy, add PBF to your watchlist by clicking the button below.
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