The Stock Of The Week: HF Sinclair Corporation (DINO)


As of Friday close, HF Sinclair Corporation’s (NYSE:DINO) stock was down -$0.19, moving down -0.40 percent to $47.19. The average number of shares traded per day over the past five days has been 3,831,720 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.08 fall in that time frame. In the last twenty days, the average volume was 2,928,975, while in the previous 50 days, it was 2,323,406.

Since last month, DINO stock retreated -13.41%. Shares of the company fell to $44.06 on 03/16/23, the lowest level in the past month. A 52-week high of $66.19 was reached on 01/26/23 after having rallying from a 52-week low of $34.90. Since the beginning of this year, DINO’s stock price has dropped by -9.06% or -$4.70, and marked a new high 7 times. However, the stock has declined by -28.71% since its 52-week high.

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DINO stock investors should be aware that HF Sinclair Corporation (DINO) stock had its last reported insider trading activity 10 days ago on Mar 08. Jennings Michael, the Chief Executive Officer of the company, disposed of 50,000 shares for $51.06 on Mar 08. It resulted in a $2,553,113 divestment by the insider. LEE JAMES H sold 4,180 shares at an average price of $50.64 on Dec 23. The insider now owns 57,101 shares following the transaction. On Dec 14, 10% Owner Holding Carol Orme sold 5,000,000 shares at $48.20 apiece. The transaction was valued at $241,000,000.

Valuation Metrics

Right now, HF Sinclair Corporation (DINO) has a P/E ratio of about 3.39. The stock’s beta is 1.41. Besides these, the trailing price-to-sales (P/S) ratio of 0.25, the price-to-book (PB) ratio of 1.02, and the price-to-cash flow ratio of 2.69 may also be considered.

The latest dividend of $0.45 per share was paid out, which is 12.5% more than last year’s $0.40. On Friday February 24 2023, a $0.05 dividend increase was announced.

Financial Health

In the three months ended September 29, HF Sinclair Corporation’s quick ratio stood at 1.10, while its current ratio was 2.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.32, and the total debt-to-equity ratio was 0.35. On the profitability front, the trailing twelve-month gross margin is 19.60% percent. In the year ended September 29, operating margins totaled 10.70%. Based on annual data, DINO earned $7.52 billion in gross profit and brought in $38.2 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 25.30%. Return on equity (ROE) for the past 12 months was 32.60%.

In HF Sinclair Corporation’s quarter-end financial report for September 29, it reported total debt of $2.95 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. DINO’s revenue rose 100.0% to $10.6 billion during the quarter, while net income inched up to $8.98 billion. While analysts expected HF Sinclair Corporation to report $4.21 quarterly earnings, the actual figure was $4.58 per share, beating the consensus estimate by 8.80%. During the quarter, the company generated $1.0 billion in EBITDA. The liabilities of HF Sinclair Corporation were 8.11 billion at the end of its most recent quarter ended September 29, and its total debt was $3.74 billion. The value of shareholders’ equity is $196.19 million.

Technical Picture

This quick technical analysis looks at HF Sinclair Corporation’s (DINO) price momentum. With a historical volatility rate of 44.40%, the RSI 9-day stood at 37.89% on 17 March.

With respect to its five-day moving average, the current HF Sinclair Corporation price is down by -4.22% percent or -$2.08. At present, DINO shares trade -12.30% below its 20-day simple moving average and -20.38% percent below its 100-day simple moving average. However, the stock is currently trading approximately -6.00% below its SMA50 and -3.89% below its SMA200.

Stochastic coefficient K was 24.72% and Stochastic coefficient D was 16.65%, while ATR was 2.31. Given the Stochastic reading of 31.52% for the 14-day period, the RSI (14) reading has been calculated as 38.90%. As of today, the MACD Oscillator reading stands at -1.74, while the 14-day reading stands at -2.99.

Analyst Ratings

Wells Fargo upgraded its rating on HF Sinclair Corporation (NYSE: DINO) to an Overweight in a note to investors on March 16, 2023. The analysts firm previously had an Equal weight rating on the stock.HF Sinclair Corporation (DINO) has been rated Overweight by analysts. According to 1 brokerage firm, DINO is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate HF Sinclair Corporation stock as buy, with 9 recommending it as overweight.

With a median target price of $65.50, the current consensus forecast for the stock is $52.00 – $73.00. Based on these forecasts, analysts predict HF Sinclair Corporation (DINO) will achieve an average price target of $63.14.


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