HF Sinclair Corporation (NYSE:DINO – Get Free Report) has been given a consensus rating of “Moderate Buy” by the sixteen research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $107.50.
DINO has been the topic of several recent analyst reports. Evercore assumed coverage on shares of HF Sinclair in a research report on Friday, July 17th. They issued an “in-line” rating and a $85.00 target price for the company. Mizuho increased their price target on shares of HF Sinclair from $85.00 to $119.00 and gave the stock a “neutral” rating in a research report on Thursday, October 8th. Zacks Research upgraded shares of HF Sinclair from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Barclays upped their target price on HF Sinclair from $86.00 to $122.00 and gave the stock an “equal weight” rating in a research note on Monday, October 12th. Finally, UBS Group raised their target price on HF Sinclair from $126.00 to $133.00 and gave the company a “buy” rating in a report on Saturday, October 3rd.
Check Out Our Latest Research Report on DINO
HF Sinclair Trading Up 3.1%
Shares of NYSE:DINO opened at $125.40 on Thursday. The business’s 50 day simple moving average is $109.76 and its 200 day simple moving average is $76.55. HF Sinclair has a 1 year low of $45.71 and a 1 year high of $129.37. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.97 and a quick ratio of 1.10. The company has a market capitalization of $22.29 billion, a P/E ratio of 12.62 and a beta of 0.72.
HF Sinclair (NYSE:DINO – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $5.31 earnings per share for the quarter, beating the consensus estimate of $4.49 by $0.82. The firm had revenue of $10.39 billion during the quarter, compared to analysts’ expectations of $8.68 billion. HF Sinclair had a return on equity of 18.21% and a net margin of 6.13%. The company’s quarterly revenue was up 53.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.10 EPS. On average, research analysts anticipate that HF Sinclair will post 19.22 EPS for the current fiscal year.
Insider Buying and Selling at HF Sinclair
In related news, SVP Dale Kunneman sold 8,936 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $84.58, for a total transaction of $755,806.88. Following the completion of the sale, the senior vice president directly owned 42,561 shares in the company, valued at $3,599,809.38. This represents a 17.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.26% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of DINO. SYM FINANCIAL Corp grew its holdings in shares of HF Sinclair by 1.3% during the 3rd quarter. SYM FINANCIAL Corp now owns 6,643 shares of the company’s stock valued at $713,000 after purchasing an additional 84 shares during the last quarter. Park Avenue Securities LLC increased its position in HF Sinclair by 212.1% during the 3rd quarter. Park Avenue Securities LLC now owns 10,424 shares of the company’s stock worth $1,119,000 after purchasing an additional 7,084 shares in the last quarter. WESPAC Advisors LLC increased its position in HF Sinclair by 28.2% during the 3rd quarter. WESPAC Advisors LLC now owns 4,243 shares of the company’s stock worth $455,000 after purchasing an additional 933 shares in the last quarter. Apollon Wealth Management LLC bought a new position in HF Sinclair in the 3rd quarter valued at approximately $223,000. Finally, EULAV Asset Management acquired a new stake in HF Sinclair in the third quarter valued at approximately $5,016,000. Institutional investors and hedge funds own 88.29% of the company’s stock.
HF Sinclair Company Profile
HF Sinclair Corporation (NYSE:DINO) is an independent energy company engaged in refining, marketing and distributing petroleum products. The company operates refineries that process crude oil into gasoline, diesel, jet fuel, asphalt, lubricants and other specialty products. Its portfolio also includes renewable fuels activities and the production and marketing of base oils and other petroleum-based products.
HF Sinclair markets fuel under the Sinclair brand and supplies products to commercial customers, independent retailers and other wholesale and retail channels.
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