PBF Stock Forecast: All indicators positive, What about financials?

PBF Stock Forecast: The stock is expected to trade between $26.9 and $29. The overall recommendation is Buy.
July 22nd

Table of Contents

PBF Stock Forecast: Latest Price

PBF Stock Forecast: Performance Chart

Stock Name	5 Days	1 Month	6 Months	1 Year
PBF	3.51%	-21.8%	66.4%	182.8%

PBF Stock Forecast: Latest News

Yesterday, PBF gained more than the market – S&P 500 was up by 0.6%, Dow added 0.2% and Nasdaq lost 0.1%. At the same time, PBF gained 1.1% while trading at $28.6.
Last week, In Toledo, Ohio refinery which has a capacity of 172,800-barrel-per-day, the catalytic cracker was operated at a reduced rate. It is expected to be back this week but, it had been running at a capacity below 50%.
On July 4 2022, PBF reported a partial power failure at California where it goes at 156,400 barrels per day. The release of sulfur dioxide from the event is under control.

PBF Stock Forecast: Latest Tweet

Option Waves on Twitter: “$PBF $37.00 Jun 16 2023 CALL ⬆️🌊Underlying: $27.73% Difference: 25.05%Daily $ Volume: $305,970Volume: 651OI: 51IV: 70.86%Bid/Ask: $4.60/$4.80 / Twitter”
PBF $37.00 Jun 16 2023 CALL ⬆️🌊Underlying: $27.73% Difference: 25.05%Daily $ Volume: $305,970Volume: 651OI: 51IV: 70.86%Bid/Ask: $4.60/$4.80

PBF Stock Forecast: Today’s Outlook

Indicator	Trend
Overall Outlook	Positive
Market Data
Market Cap	Higher
Technical	Buy
Trading Volume	Higher
Crowd’s Wisdom
Google Search Volume	Higher
Social Media Sentiment	Lower

PBF Stock Forecast: Last quarter earnings summary

For the first quarter if 2022, the company reported a net loss of $0.2 per share; This compares to a loss of $0.3 in the first quarter of 2021.
The revenue was recorded at $9.1 Billion which is to be compared to $4.9 Billion in the same period in 2021.
Tom Nimbley, PBF Energy’s Chairman and CEO mentioned that because of difficult global supply and demand channels, product inventories have remained lower and these were not recovered. However, PBF was able to complete one-third of their annually planned turn-around activities.

PBF Stock Forecast: Latest Video

PBF Stock Forecast: Price Target

Source	High	Low
WSJ	$57	$25
Nasdaq	$57	$20
CNN	$57	$25

PBF Stock Forecast: Google Trends

The search volume for PBF stock is higher compared to yesterday.

PBF Stock Forecast: Technical Analysis

PBF Stock Forecast: Social Media Sentiments

	7 Days	24 Hours	Trends
Net Sentiments	+8.2%	-7.4%	Lower

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–Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.