HF Sinclair Corporation [DINO] is 90.18% higher this YTD. Is it still time to buy?

HF Sinclair Corporation [NYSE: DINO] slipped around -0.26 points on Wednesday, while shares priced at $62.34 at the close of the session, down -0.42%. The company report on November 7, 2022 that HF Sinclair Corporation Reports Quarterly Results and Announces Regular Cash Dividend.

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Reported net income attributable to HF Sinclair stockholders of $954.4 million, or $4.45 per diluted share, and adjusted net income of $982.9 million, or $4.58 per diluted share, for the third quarter.

Reported EBITDA of $1,463.2 million and Adjusted EBITDA of $1,500.3 million for the third quarter.

HF Sinclair Corporation stock is now 90.18% up from its year-to-date (YTD) trading value. DINO Stock saw the intraday high of $63.79 and lowest of $60.15 per share. The company’s 52-week high price is 66.19, which means current price is +113.93% above from all time high which was touched on 11/25/22.

Compared to the average trading volume of 1.90M shares, DINO reached a trading volume of 14829474 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say 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 $65.75 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 2.50. 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.

Wells Fargo have made an estimate for HF Sinclair Corporation shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on September 21, 2022. While these analysts kept the previous recommendation, Goldman raised their target price from $46 to $56. The new note on the price target was released on May 16, 2022, representing the official price target for HF Sinclair Corporation stock. Previously, the target price had yet another raise from $38 to $52, while Cowen kept a Outperform rating on DINO stock.

The Average True Range (ATR) for HF Sinclair Corporation is set at 2.27, with the Price to Sales ratio for DINO stock in the period of the last 12 months amounting to 0.36. The Price to Book ratio for the last quarter was 1.47, with the Price to Cash per share for the same quarter was set at 7.10. Price to Free Cash Flow for DINO in the course of the last twelve months was 4.10 with Quick ratio for the last quarter at 1.00.

How has DINO stock performed recently?

HF Sinclair Corporation [DINO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.98. With this latest performance, DINO shares gained by 1.91% in over the last four-week period, additionally plugging by 23.49% over the last 6 months – not to mention a rise of 92.88% 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 50.67, with the RSI for the last a single of trading hit 44.96, and the three-weeks RSI is set at 53.68 for HF Sinclair Corporation [DINO]. The present Moving Average for the last 50 days of trading for this stock 59.19, while it was recorded at 63.53 for the last single week of trading, and 48.02 for the last 200 days.

HF Sinclair Corporation [DINO]: Deeper insight into the fundamentals

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 1.00 and a Current Ratio set at 2.10.

Earnings analysis for HF Sinclair Corporation [DINO]

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 11.00%.

Insider trade positions for HF Sinclair Corporation [DINO]

There are presently around $8,333 million, or 67.60% of DINO stock, in the hands of institutional investors. The top three institutional holders of DINO stocks are: VANGUARD GROUP INC with ownership of 14,799,193, which is approximately 4.014% of the company’s market cap and around 0.50% of the total institutional ownership; BLACKROCK INC., holding 13,439,619 shares of the stock with an approximate value of $837.83 million in DINO stocks shares; and TCTC HOLDINGS, LLC, currently with $773.86 million in DINO stock with ownership of nearly -0.173% of the company’s market capitalization.

Positions in HF Sinclair Corporation stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 231 institutional holders increased their position in HF Sinclair Corporation [NYSE:DINO] by around 10,313,891 shares. Additionally, 214 investors decreased positions by around 17,265,478 shares, while 77 investors held positions by with 106,087,432 shares. The mentioned changes placed institutional holdings at 133,666,801 shares, according to the latest SEC report filing. DINO stock had 87 new institutional investments in for a total of 2,165,760 shares, while 44 institutional investors sold positions of 1,399,987 shares during the same period.

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