HollyFrontier (NYSE:HFC) is scheduled to be releasing its earnings data before the market opens on Thursday, October 31st. Analysts expect HollyFrontier to post earnings of $1.36 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
HollyFrontier (NYSE:HFC) last released its earnings results on Thursday, August 1st. The oil and gas company reported $2.18 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.51. The firm had revenue of $4.78 billion during the quarter, compared to analyst estimates of $4.31 billion. HollyFrontier had a net margin of 5.25% and a return on equity of 18.51%. The business’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $1.45 EPS. On average, analysts expect HollyFrontier to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
HollyFrontier stock opened at $55.63 on Thursday. The firm has a 50-day moving average price of $52.53 and a 200-day moving average price of $47.31. The firm has a market capitalization of $9.14 billion, a PE ratio of 8.64, a price-to-earnings-growth ratio of 1.13 and a beta of 1.46. The company has a current ratio of 2.08, a quick ratio of 1.10 and a debt-to-equity ratio of 0.43. HollyFrontier has a 12-month low of $37.73 and a 12-month high of $69.50.
In related news, Director Franklin Myers acquired 2,500 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was bought at an average price of $49.72 per share, for a total transaction of $124,300.00. Following the acquisition, the director now directly owns 24,989 shares of the company’s stock, valued at approximately $1,242,453.08. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.49% of the company’s stock.
A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective on shares of HollyFrontier from $55.00 to $50.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Wells Fargo & Co lifted their price objective on shares of HollyFrontier from $48.00 to $51.00 and gave the company a “market perform” rating in a report on Wednesday, September 25th. Finally, ValuEngine upgraded shares of HollyFrontier from a “sell” rating to a “hold” rating in a report on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. HollyFrontier currently has an average rating of “Hold” and a consensus price target of $58.37.
HollyFrontier Company Profile
HollyFrontier Corporation operates as an independent petroleum refiner in the United States. The company operates through three segments: Refining, Lubricants and Specialty Products, and HEP. It primarily produces high-value light products, such as gasoline, diesel and jet fuel, and specialty lubricant products, as well as specialty and modified asphalt.
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