HollyFrontier Corporation [NYSE: HFC] loss -4.25% on the last trading session, reaching $34.68 price per share at the time. The company report on May 5, 2021 that HollyFrontier Corporation Reports Quarterly Results.
Reported net income attributable to HollyFrontier stockholders of $148.2 million, or $0.90 per diluted share, and adjusted net loss of $(85.3) million, or $(0.53) per diluted share, for the first quarter.
Reported EBITDA of $281.3 million and Adjusted EBITDA of $47.3 million for the first quarter.
HollyFrontier Corporation represents 162.15 million in outstanding shares, while the company has a total market value of $5.74 billion with the latest information. HFC stock price has been found in the range of $33.40 to $35.06.
If compared to the average trading volume of 2.04M shares, HFC reached a trading volume of 5145419 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about HollyFrontier Corporation [HFC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HFC shares is $40.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HFC stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for HollyFrontier Corporation shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on December 11, 2020. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $20 to $22. The new note on the price target was released on December 09, 2020, representing the official price target for HollyFrontier Corporation stock.
The Average True Range (ATR) for HollyFrontier Corporation is set at 1.48, with the Price to Sales ratio for HFC stock in the period of the last 12 months amounting to 0.51. The Price to Book ratio for the last quarter was 1.09, with the Price to Cash per share for the same quarter was set at 8.27. Price to Free Cash Flow for HFC in the course of the last twelve months was 33.95 with Quick ratio for the last quarter at 1.60.
Trading performance analysis for HFC stock
HollyFrontier Corporation [HFC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.94. With this latest performance, HFC shares dropped by -6.09% in over the last four-week period, additionally plugging by 80.44% over the last 6 months – not to mention a rise of 10.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HFC stock in for the last two-week period is set at 46.16, with the RSI for the last a single of trading hit 45.05, and the three-weeks RSI is set at 47.58 for HollyFrontier Corporation [HFC]. The present Moving Average for the last 50 days of trading for this stock 36.77, while it was recorded at 35.71 for the last single week of trading, and 27.87 for the last 200 days.
HollyFrontier Corporation [HFC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and HollyFrontier Corporation [HFC] shares currently have an operating margin of -1.81 and a Gross Margin at +0.98. HollyFrontier Corporation’s Net Margin is presently recorded at -5.39.
Return on Total Capital for HFC is now -2.16, given the latest momentum, and Return on Invested Capital for the company is -6.93. Return on Equity for this stock declined to -10.82, with Return on Assets sitting at -5.01. When it comes to the capital structure of this company, HollyFrontier Corporation [HFC] has a Total Debt to Total Equity ratio set at 69.22. Additionally, HFC Total Debt to Total Capital is recorded at 40.90, with Total Debt to Total Assets ending up at 30.52. Long-Term Debt to Equity for the company is recorded at 66.43, with the Long-Term Debt to Total Capital now at 39.26.
Reflecting on the efficiency of the workforce at the company, HollyFrontier Corporation [HFC] managed to generate an average of -$155,040 per employee. Receivables Turnover for the company is 13.93 with a Total Asset Turnover recorded at a value of 0.93.HollyFrontier Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.40.
HollyFrontier Corporation [HFC]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, HollyFrontier Corporation posted -0.25/share EPS, while the average EPS was predicted by analysts to be reported at -0.55/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 54.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HFC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for HollyFrontier Corporation go to -6.61%.
An analysis of insider ownership at HollyFrontier Corporation [HFC]
There are presently around $4,822 million, or 91.70% of HFC stock, in the hands of institutional investors. The top three institutional holders of HFC stocks are: VANGUARD GROUP INC with ownership of 16,182,416, which is approximately -2.462% of the company’s market cap and around 0.60% of the total institutional ownership; TCTC HOLDINGS, LLC, holding 12,442,266 shares of the stock with an approximate value of $431.5 million in HFC stocks shares; and STATE STREET CORP, currently with $403.12 million in HFC stock with ownership of nearly 4.303% of the company’s market capitalization.
Positions in HollyFrontier Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 187 institutional holders increased their position in HollyFrontier Corporation [NYSE:HFC] by around 16,721,398 shares. Additionally, 222 investors decreased positions by around 17,360,129 shares, while 55 investors held positions by with 104,969,527 shares. The mentioned changes placed institutional holdings at 139,051,054 shares, according to the latest SEC report filing. HFC stock had 78 new institutional investments in for a total of 4,798,663 shares, while 60 institutional investors sold positions of 3,689,195 shares during the same period.