News headlines about HollyFrontier Corporation (NYSE:HFC) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. HollyFrontier Corporation earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 46.5032281809308 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- HollyFrontier Corporation (HFC) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Taking Toll on Day After Technical Reviews: HollyFrontier Corporation (NYSE:HFC), Eleven Biotherapeutics, Inc … – Investing News Update (investingbizz.com)
- Financial Analysis: HollyFrontier Corporation (HFC) versus The Competition (americanbankingnews.com)
- HollyFrontier Corporation (NYSE: HFC) – Stock to Watch – Alpha Beta Stock (alphabetastock.com)
- HollyFrontier Corporation (HFC) Plans Quarterly Dividend of $0.33 (americanbankingnews.com)
HollyFrontier Corporation (HFC) traded down $0.20 during trading hours on Tuesday, reaching $41.85. 1,669,100 shares of the company’s stock were exchanged, compared to its average volume of 2,810,705. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.00 and a quick ratio of 0.98. The firm has a market capitalization of $7,420.00, a PE ratio of 27.13, a price-to-earnings-growth ratio of 2.02 and a beta of 1.20. HollyFrontier Corporation has a 1-year low of $23.46 and a 1-year high of $42.60.
HollyFrontier Corporation (NYSE:HFC) last issued its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.25. HollyFrontier Corporation had a net margin of 2.55% and a return on equity of 5.18%. The firm had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.24 billion. During the same period last year, the company earned $0.42 earnings per share. The business’s revenue was up 30.6% on a year-over-year basis. research analysts forecast that HollyFrontier Corporation will post 2.08 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Tuesday, November 21st will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 3.15%. The ex-dividend date is Monday, November 20th. HollyFrontier Corporation’s dividend payout ratio (DPR) is presently 69.47%.
A number of equities research analysts have weighed in on HFC shares. Cowen and Company reaffirmed a “hold” rating and set a $30.00 price objective on shares of HollyFrontier Corporation in a report on Tuesday, October 17th. Scotiabank upgraded shares of HollyFrontier Corporation from an “outperform” rating to a “focus stock” rating and lifted their target price for the company from $33.00 to $39.00 in a research note on Saturday, September 30th. Zacks Investment Research upgraded shares of HollyFrontier Corporation from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research report on Tuesday, October 17th. ValuEngine upgraded shares of HollyFrontier Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. Finally, BidaskClub cut shares of HollyFrontier Corporation from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. HollyFrontier Corporation currently has a consensus rating of “Hold” and an average target price of $36.89.
HollyFrontier Corporation Company Profile
HollyFrontier Corporation is an independent petroleum refiner. The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It segments include Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company’s El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt).
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