HF Sinclair Corporation [NYSE: DINO] loss -7.37% or -3.8 points to close at $47.77 with a heavy trading volume of 3681633 shares. The company report on May 9, 2022 that HF Sinclair Corporation Reports Quarterly Results and Announces Increased Regular Cash Dividend.
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Reported net income attributable to HF Sinclair stockholders of $160.0 million, or $0.90 per diluted share, and adjusted net income of $175.6 million, or $0.99 per diluted share, for the first quarter.
Reported EBITDA of $359.8 million and Adjusted EBITDA of $376.7 million for the first quarter.
It opened the trading session at $50.29, the shares rose to $50.80 and dropped to $47.19, the range by which the price of stock traded the whole day. The daily chart for DINO points out that the company has recorded 49.61% gains over the past six months. However, it is still -75.82% lower than its most recent low trading price.
If we look at the average trading volume of 2.16M shares, DINO reached to a volume of 3681633 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 HF Sinclair Corporation [DINO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DINO shares is $53.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DINO stock is a recommendation set at 2.60. 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.
Goldman have made an estimate for HF Sinclair Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 16, 2022. While these analysts kept the previous recommendation, Cowen raised their target price from $38 to $52. The new note on the price target was released on May 11, 2022, representing the official price target for HF Sinclair Corporation stock.
The Average True Range (ATR) for HF Sinclair Corporation is set at 2.38, with the Price to Sales ratio for DINO stock in the period of the last 12 months amounting to 0.49. The Price to Book ratio for the last quarter was 1.03, with the Price to Cash per share for the same quarter was set at 2.60.
Trading performance analysis for DINO stock
HF Sinclair Corporation [DINO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.86. With this latest performance, DINO shares gained by 1.25% in over the last four-week period, additionally plugging by 49.61% over the last 6 months – not to mention a rise of 41.42% 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 DINO stock in for the last two-week period is set at 43.71, with the RSI for the last a single of trading hit 33.76, and the three-weeks RSI is set at 49.53 for HF Sinclair Corporation [DINO]. The present Moving Average for the last 50 days of trading for this stock 45.01, while it was recorded at 52.30 for the last single week of trading, and 36.80 for the last 200 days.
HF Sinclair Corporation [DINO]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and HF Sinclair Corporation [DINO] shares currently have an operating margin of +4.36 and a Gross Margin at +6.26. HF Sinclair Corporation’s Net Margin is presently recorded at +2.99.
Return on Equity for this stock inclined to 10.15, with Return on Assets sitting at 4.43.
HF Sinclair Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.70.
HF Sinclair Corporation [DINO]: An earnings per share (EPS) analysis
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 DINO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for HF Sinclair Corporation go to 22.65%.
An analysis of insider ownership at HF Sinclair Corporation [DINO]
There are presently around $6,984 million, or 62.60% of DINO stock, in the hands of institutional investors. The top three institutional holders of DINO stocks are: VANGUARD GROUP INC with ownership of 14,203,998, which is approximately 1.408% of the company’s market cap and around 0.30% of the total institutional ownership; BLACKROCK INC., holding 13,539,067 shares of the stock with an approximate value of $698.21 million in DINO stocks shares; and TCTC HOLDINGS, LLC, currently with $641.51 million in DINO stock with ownership of nearly 0% of the company’s market capitalization.
Positions in HF Sinclair Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 174 institutional holders increased their position in HF Sinclair Corporation [NYSE:DINO] by around 18,194,047 shares. Additionally, 212 investors decreased positions by around 26,472,186 shares, while 78 investors held positions by with 90,769,662 shares. The mentioned changes placed institutional holdings at 135,435,895 shares, according to the latest SEC report filing. DINO stock had 63 new institutional investments in for a total of 5,263,232 shares, while 92 institutional investors sold positions of 11,827,479 shares during the same period.