As of Friday close, HF Sinclair Corporation’s (NYSE:DINO) stock was down -$1.68, moving down -2.83 percent to $57.58. The average number of shares traded per day over the past five days has been 2,120,100 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.68 fall in that time frame. In the last twenty days, the average volume was 2,288,430, while in the previous 50 days, it was 2,171,702.
Since last month, DINO stock rose 4.01%. Shares of the company fell to $54.77 on 08/31/23, the lowest level in the past month. A 52-week high of $66.19 was reached on 09/11/23 after having rallying from a 52-week low of $37.12. Since the beginning of this year, DINO’s stock price has risen by 10.97% or $5.69, and marked a new high 11 times. However, the stock has declined by -13.01% 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 177 days ago on Mar 30. Holding Carol Orme, the 10% Owner of the company, disposed of 4,000,000 shares for $47.59 on Mar 30. It resulted in a $190,360,000 divestment by the insider. Jennings Michael sold 50,000 shares at an average price of $51.06 on Mar 08. The insider now owns 182,859 shares following the transaction. On Dec 23, Director LEE JAMES H sold 4,180 shares at $50.64 apiece. The transaction was valued at $211,675.
Valuation Metrics
Right now, HF Sinclair Corporation (DINO) has a P/E ratio of about 4.88. The stock’s beta is 1.35. Besides these, the trailing price-to-sales (P/S) ratio of 0.31, the price-to-book (PB) ratio of 1.14, and the price-to-cash flow ratio of 5.21 may also be considered.
The latest dividend of $0.45 per share was paid out, remained unchanged from last year’s $0.45. On Friday February 24 2023, a $0.05 dividend increase was announced.
Financial Health
In the three months ended June 29, HF Sinclair Corporation’s quick ratio stood at 1.20, while its current ratio was 2.30, 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 June 29 was 0.30, and the total debt-to-equity ratio was 0.33. On the profitability front, the trailing twelve-month gross margin is 19.80% percent. In the year ended June 29, EBITDA margin amounted to 12.56%, whereas operating margins totaled 9.70%. 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 25.60%.
In HF Sinclair Corporation’s quarter-end financial report for June 29, it reported total debt of $2.89 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DINO’s revenue fell -42.49% to $7.57 billion during the quarter, while net income inched up to $7.83 billion. While analysts expected HF Sinclair Corporation to report $2.25 quarterly earnings, the actual figure was $2.6 per share, beating the consensus estimate by 15.60%. During the quarter, the company generated $893.72 million in EBITDA. The liabilities of HF Sinclair Corporation were 7.71 billion at the end of its most recent quarter ended June 29, and its total debt was $3.56 billion. The value of shareholders’ equity is $184.11 million.
Technical Picture
This quick technical analysis looks at HF Sinclair Corporation’s (DINO) price momentum. With a historical volatility rate of 22.31%, the RSI 9-day stood at 42.61% on 22 September.
With respect to its five-day moving average, the current HF Sinclair Corporation price is down by -2.83% percent or -$1.68. At present, DINO shares trade +2.77% above its 20-day simple moving average and +31.28% percent above its 100-day simple moving average. However, the stock is currently trading approximately +22.46% above its SMA50 and +9.70% above its SMA200.
Stochastic coefficient K was 43.12% and Stochastic coefficient D was 52.89%, while ATR was 1.85. Given the Stochastic reading of 24.26% for the 14-day period, the RSI (14) reading has been calculated as 49.13%. As of today, the MACD Oscillator reading stands at -1.16, while the 14-day reading stands at -0.95.
Analyst Ratings
HF Sinclair Corporation downgraded its rating on HF Sinclair Corporation (NYSE: DINO) to a Neutral in a note to investors on August 16, 2023. The analysts firm previously had a Buy rating on the stock.HF Sinclair Corporation (DINO) has been rated Overweight by analysts. According to 1 brokerage firm, DINO is a sell, and 9 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 6 recommending it as overweight.
With a median target price of $67.00, the current consensus forecast for the stock is $48.00 – $73.00. Based on these forecasts, analysts predict HF Sinclair Corporation (DINO) will achieve an average price target of $63.58.
