why HF Sinclair Corp [DINO] is a Good Choice for Investors After New Price Target of $51.25

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HF Sinclair Corp [NYSE: DINO] price plunged by -5.41 percent to reach at -$2.21.

The one-year DINO stock forecast points to a potential upside of 24.66. The average equity rating for DINO stock is currently 2.06, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on HF Sinclair Corp [DINO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DINO shares is $51.25 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 2.06. 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.

Wolfe Research have made an estimate for HF Sinclair Corp shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on July 18, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $62 to $78. The new note on the price target was released on March 15, 2024, representing the official price target for HF Sinclair Corp stock. Previously, the target price had yet another raise to $60, while Barclays analysts kept a Equal Weight rating on DINO stock. On February 22, 2024, analysts increased their price target for DINO shares from 50 to 52.

The Average True Range (ATR) for HF Sinclair Corp is set at 1.46, with the Price to Sales ratio for DINO stock in the period of the last 12 months amounting to 0.23. The Price to Book ratio for the last quarter was 0.74, with the Price to Cash per share for the same quarter was set at 4.54. 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 0.97.

DINO Stock Performance Analysis:

HF Sinclair Corp [DINO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.02. With this latest performance, DINO shares dropped by -13.91% in over the last four-week period, additionally sinking by -28.82% over the last 6 months – not to mention a drop of -30.28% 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 24.10, with the RSI for the last a single of trading hit 16.17, and the three-weeks RSI is set at 29.42 for HF Sinclair Corp [DINO]. The present Moving Average for the last 50 days of trading for this stock 45.25, while it was recorded at 41.22 for the last single week of trading, and 52.43 for the last 200 days.

Insight into HF Sinclair Corp Fundamentals:

HF Sinclair Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.97 and a Current Ratio set at 2.12.

DINO Stock EPS

With the latest financial reports released by the company, HF Sinclair Corp posted 4.06/share EPS, while the average EPS was predicted by analysts to be reported at 3.67/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.39. 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 Corp go to 19.00%.

HF Sinclair Corp [DINO] Institutonal Ownership Details

There are presently around $82.11%, or 89.96%% of DINO stock, in the hands of institutional investors. The top three institutional holders of DINO stocks are: VANGUARD GROUP INC with ownership of 19.4 million shares, which is approximately 9.7611%. BLACKROCK INC., holding 16.89 million shares of the stock with an approximate value of $$901.18 million in DINO stocks shares; and BLACKROCK INC., currently with $$656.01 million in DINO stock with ownership which is approximately 6.1893%.