HF Sinclair (NYSE:DINO – Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, November 2nd. Analysts expect the company to announce earnings of $3.61 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
HF Sinclair (NYSE:DINO – Get Free Report) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $2.60 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.33. HF Sinclair had a net margin of 6.87% and a return on equity of 24.58%. The company had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.38 billion. On average, analysts expect HF Sinclair to post $10 EPS for the current fiscal year and $7 EPS for the next fiscal year.
HF Sinclair Trading Down 1.5 %
HF Sinclair stock opened at $53.80 on Thursday. The firm has a 50-day moving average of $56.67 and a 200-day moving average of $49.71. HF Sinclair has a one year low of $37.12 and a one year high of $66.19. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.32 and a quick ratio of 1.19. The company has a market cap of $9.74 billion, a price-to-earnings ratio of 4.57, a P/E/G ratio of 0.62 and a beta of 1.36.
HF Sinclair Dividend Announcement
Analysts Set New Price Targets
DINO has been the topic of several research analyst reports. UBS Group increased their price target on shares of HF Sinclair from $53.00 to $58.00 and gave the company a “neutral” rating in a report on Monday, August 7th. Mizuho reduced their price target on shares of HF Sinclair from $72.00 to $64.00 and set a “neutral” rating on the stock in a research report on Friday, October 6th. The Goldman Sachs Group raised their target price on shares of HF Sinclair from $56.00 to $63.00 and gave the company a “buy” rating in a research report on Tuesday, August 8th. Bank of America raised their target price on shares of HF Sinclair from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Monday, September 18th. Finally, JPMorgan Chase & Co. cut their target price on shares of HF Sinclair from $62.00 to $61.00 and set a “neutral” rating on the stock in a research report on Thursday, October 5th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $62.54.
View Our Latest Analysis on DINO
Insider Activity
In related news, EVP Valerie Pompa sold 5,000 shares of HF Sinclair stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $56.89, for a total transaction of $284,450.00. Following the completion of the transaction, the executive vice president now directly owns 20,217 shares of the company’s stock, valued at approximately $1,150,145.13. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.26% of the company’s stock.
Institutional Investors Weigh In On HF Sinclair
Hedge funds have recently bought and sold shares of the business. Parkside Financial Bank & Trust purchased a new stake in shares of HF Sinclair in the first quarter valued at $36,000. Lazard Asset Management LLC bought a new position in shares of HF Sinclair in the fourth quarter worth about $61,000. UniSuper Management Pty Ltd bought a new position in shares of HF Sinclair in the second quarter worth about $54,000. Atlas Capital Advisors LLC bought a new position in shares of HF Sinclair in the second quarter worth about $58,000. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of HF Sinclair by 65.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,533 shares of the company’s stock worth $80,000 after purchasing an additional 606 shares during the last quarter. Hedge funds and other institutional investors own 89.15% of the company’s stock.
HF Sinclair Company Profile
HF Sinclair Corporation operates as an independent energy company. It produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. The company also owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.
Read More
- Five stocks we like better than HF Sinclair
- NYSE Stocks Give Investors a Variety of Quality OptionsÂ
- The top 3 stocks insiders are selling, but you shouldn’t
- The 3 Best Blue-Chip Stocks to Buy Now
- Spirit AeroSystems Goes Airborne After Inking a Boeing Deal
- How to Build Wealth with the Dividend Aristocrat Index
- Simon Property Group’s 7.2% Dividend Has Insiders Buying In Bulk
Receive News & Ratings for HF Sinclair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HF Sinclair and related companies with MarketBeat.com's FREE daily email newsletter.
