HF Sinclair Corporation (NYSE: DINO) is 97.07% higher on its value in year-to-date trading and has touched a low of $29.14 and a high of $65.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DINO stock was last observed hovering at around $65.61 in the last trading session, with the day’s loss setting it -1.01% off its average median price target of $68.00 for the next 12 months. It is also 24.88% off the consensus price target high of $86.00 offered by 17 analysts, but current levels are -61.5% lower than the price target low of $40.00 for the same period.
Currently trading at $64.60, the stock is 2.98% and 11.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing -1.54% at the moment leaves the stock 36.41% off its SMA200. DINO registered 94.05% gain for a year compared to 6-month gain of 30.72%.
The stock witnessed a 7.95% loss in the last 1 month and extending the period to 3 months gives it a 17.05%, and is 0.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.08% over the week and 3.41% over the month.
HF Sinclair Corporation (DINO) has around 4208 employees, a market worth around $13.26B and $34.84B in sales. Current P/E ratio is 5.99 and Fwd P/E is 6.82. Profit margin for the company is 7.10%. Distance from 52-week low is 121.69% and -2.11% from its 52-week high. The company has generated returns on investments over the last 12 months (7.70%).
HF Sinclair Corporation (DINO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for HF Sinclair Corporation (DINO) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 2.50, where 8 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
HF Sinclair Corporation is expected to release its quarterly report on 02/24/2023.The EPS is expected to grow by 191.00% this year
HF Sinclair Corporation (DINO) Top Institutional Holders
The shares outstanding are 212.39M, and float is at 154.13M with Short Float at 3.05%.
HF Sinclair Corporation (DINO) Insider Activity
A total of 20 insider transactions have happened at HF Sinclair Corporation (DINO) in the last six months, with sales accounting for 16 and purchases happening 4 times. The most recent transaction is an insider sale by Jennings Michael, the company’s Chief Executive Officer. SEC filings show that Jennings Michael sold 45,500 shares of the company’s common stock on Nov 17 at a price of $63.46 per share for a total of $2.89 million. Following the sale, the insider now owns 0.24 million shares.
HF Sinclair Corporation disclosed in a document filed with the SEC on Nov 10 that MYERS FRANKLIN (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Nov 10 and was made at $60.88 per share for $0.61 million. Following the transaction, the insider now directly holds 0.12 million shares of the DINO stock.
Still, SEC filings show that on Nov 10, Fernandez Manuel J (Director) disposed off 2,675 shares at an average price of $61.45 for $0.16 million. The insider now directly holds 9,771 shares of HF Sinclair Corporation (DINO).
HF Sinclair Corporation (DINO): Who are the competitors?
The company’s main competitors (and peers) include Exxon Mobil Corporation (XOM) that is trading 79.96% up over the past 12 months and Chevron Corporation (CVX) that is 58.42% higher over the same period. ConocoPhillips (COP) is 76.62% up on the 1-year trading charts.