HollyFrontier Corporation (NYSE:HFC) saw an upside of 2.09% to close Tuesday at $35.16 after adding $0.72 on the day. The 5-day average trading volume is 1,807,780 shares of the company’s common stock. It has gained $35.41 in the past week. An average of 1,669,540 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,824,324.
HFC’s 1-month performance is 14.64% or $5.63 on its low of $29.30 reached on 09/20/21. The company’s shares have touched a 52-week low of $16.81 and high of $42.39, with the stock’s rally to the 52-week high happening on 03/11/21. YTD, HFC has achieved 36.02% or $9.31. However, the current price is down -17.06%% from the 52-week high price.
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The company’s PE ratio for the last five years has touched a high of 45.56 and a low of 4.083. HFC stock has a beta of 1.72. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.41 while the price-to-book (PB) in the most recent quarter is 1.05, with the price to cash flow ratio at 14.86.
HollyFrontier Corporation pays an annual dividend of $0.70 per share. Its dividend yield is 1.99% and the payout ratio is 119.40%. HFC’s most recent quarterly dividend payment was made on Mar. 10, when it paid $0.35 a share compared with prior rate of $0.35, down 0.0% from last year’s. The company latest dividend increase of $0.02 reported on Wednesday November 13 2019. Measured over the last 3 years, the Dividend has been growing by 6.06% yearly.
It is projected that HollyFrontier Corporation’s next ex-dividend date will be on 22-Nov. HFC is expected to distribute $0.35 as its next dividend.
HollyFrontier Corporation’s quick ratio for the period ended June 29 was 1.20, with the current ratio over the same period at 2.10 meaning that HFC stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.57, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 19.30%. The trailing 12-month EBITDA margin is 2.85% while for the period ending June 29; HollyFrontier Corporation’s operating margin was 3.40%. The firm’s gross profit as reported stood at $2.02 billion against revenue of $11.18 billion.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 54.93% to $4.58 billion, while revenue of $3.5 billion was 23.44% off the previous quarter. Analysts expected HFC to announce $0.61 per share in earnings in its latest quarter, but it posted $0.87, representing a 42.60% surprise. EBITDA for the quarter stood at more than $458.27 million. HFC stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 6.52 billion, with total debt at $3.58 billion. Shareholders hold equity totaling $162.49 million
Let’s look briefly at HollyFrontier Corporation (HFC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 70.87% to suggest the stock is trending Overbought, with historical volatility in this time period at 18.41%.
The stock’s 5-day moving average is $34.65, reflecting a +3.20% or $1.09 change from its current price. HFC is currently trading +16.89% above its 20-day SMA, +4.12% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +21.49% and +38.70% respectively.
Stochastic %K and %D was 88.65% and 87.67% and the average true range (ATR) pointed at 1.20. The RSI (14) points at 66.99%, while the 14-day stochastic is at 93.37% with the period’s ATR at 1.20. The stock’s 9-day MACD Oscillator is pointing at 0.47 and 1.01 on the 14-day charts.
In the most recent analyst report for HollyFrontier Corporation (NYSE: HFC), Morgan Stanley launched coverage with an Overweight rating. Analysts offering their rating for HFC stock have a consensus rating for the stock as Hold. Currently, 2 brokerage advisors rate HFC as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is HFC’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $30.00 and a high of $47.00, with their median price target at $40.00. Looking at these predictions, the average price target given by analysts is for HollyFrontier Corporation (HFC) stock is $37.77.