Analysis Of The Weekly Performance Of HF Sinclair Corporation (DINO)

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HF Sinclair Corporation (NYSE:DINO) finished Wednesday with a subtraction of -$1.57 to close at $50.51, a downside of -3.01 percent. An average of 2,486,600 shares of common stock have been traded in the last five days. There was a fall of -$1.49 in the past week, and it reached a new high 34 times over the past 12 months. The last 20 days have seen an average of 1,876,505 shares traded, while the 50-day average volume stands at 1,680,946.

DINO stock has decreased by -3.83% in the last month. The company shares reached their 1-month lowest point of $47.78 on 09/19/22. With the stock rallying to its 52-week high on 06/09/22, shares of the company touched a low of $29.14 and a high of $58.50 in 52 weeks. It has reached a new high 27 times so far this year and achieved 54.09% or $17.73 in price. In spite of this, the price is down -13.66% from the 52-week high.


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Insider Transactions

27 days have passed since HF Sinclair Corporation (DINO) last reported insider trading activity. Fernandez Manuel J, who is Director, most recently acquired $950 shares at $55.31 per share on Aug 26. In this transaction, the insider spent $52,544. SVP, General Counsel & Sec, Bhatia Vaishali S., disposed of 10,435 shares at a price of $54.03 on Aug 18. The insider now owns more than $563,803 worth of shares. Prior to that, President, Renewables Creery Thomas G went on to Sale 10,000 shares at $53.25 each on Jun 06. An amount of $532,500 was transacted.

Valuation Metrics

HF Sinclair Corporation (DINO) has a trailing price-to-earnings (P/E) ratio of 6.62. The stock’s beta is 1.42. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.39, the price-to-book (PB) ratio at 1.24, and the price-to-cash flow ratio at 6.39.

Financial Health

The quick ratio of HF Sinclair Corporation for the three months ended June 29 was 1.00, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.37 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Its gross profit as reported stood at $2.82 billion compared to revenue of $18.39 billion.

Earnings Surprise

For the three-month period that ended June 29, HF Sinclair Corporation had $3.35 billion in total debt. The analyst consensus anticipated HF Sinclair Corporation’s latest quarter earnings to come in at $4.56 per share, but it turned out to be $5.59, a 22.60% surprise. For the quarter, EBITDA amounted to $1.83 billion. Shareholders own equity worth $216.84 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at HF Sinclair Corporation (DINO) price momentum. RSI 9-day as of the close on 21 September was 43.05%, suggesting the stock is Neutral, with historical volatility in this time frame at 34.53%.

As of today, DINO’s price is $50.68 -2.87% or -$1.49 from its 5-day moving average. DINO is currently trading -5.31% lower than its 20-day SMA and +31.33% higher than its 100-day SMA. However, the stock’s current price level is +11.62% above the SMA50 and +57.01% above the SMA200.

The stochastic %K and %D were 47.63% and 38.43%, respectively, and the average true range (ATR) was 2.20. With the 14-day stochastic at 40.09% and the average true range at 2.14, the RSI (14) stands at 46.44%. The stock has reached -0.49 on the 9-day MACD Oscillator while the 14-day reading was at -0.87.

Analyst Ratings

Wells Fargo downgraded HF Sinclair Corporation (NYSE: DINO) to a an Equal weight rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for HF Sinclair Corporation (DINO) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell DINO, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 8 others rate it as a “buy”.

What is DINO’s price target for the next 12 months?

Analysts predict a range of price targets between $40.00 and $70.00, with a median target of $60.00. Taking a look at these predictions, the average price target given by analysts for HF Sinclair Corporation (DINO) stock is $59.15.

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