The HollyFrontier Corporation (NYSE:HFC) is going down by -0.70% in today’s trading session, a fall equivalent to -0.31% of the stock’s price from yesterday’s market close. A news came out on 08/01/19 stating that HollyFrontier Corporation Reports Quarterly Results and Announces Regular Cash Dividend by WSJ. The lowest point that the shares touched during the trading session was $44.15, while the peak of the day was recorded at a share price of $45.96. HFC finished the previous session at $44.28 according to the data provided by Barchart, while the trading volume was observed to be $996,708.
In the 100 days of trading, HFC managed to top a 46.03% Moving average. Additionally, HollyFrontier Corporation shares have achieved a 52-week range between 37.73 and 76.56 alongside 100 days raw stochastic set at 37.93%.
The number of shares outstanding, according to the fundamentals of the company, is set at 172.98M, equal to the value of $7.66B in market capitalization. Financial analysts indicate that HFC shares should be still ranked as a “Hold”. In the last 30 days, HollyFrontier Corporation shares went down by -18.61%, adding 53.89 to growth in value, on top of a +1.41% boost since 07/15/19.
HollyFrontier Corporation (NYSE:HFC) Analyst’s Estimates
HollyFrontier Corporation (HFC) could record at least $1.45 per share in quarterly earnings in the upcoming report on 10/30/2019, a number that would actually represent an increase of 9.64% YOY.
According to the average analyst rating, HollyFrontier Corporation would be rated as 3.00. Out of 17 different analysts monitoring HFC stock, 1 analysts rate the stock as a BUY, 11 suggest to give the rating of HOLD, 2 indicate that HFC is an OUTPERFORM, 1 rated the stock as a SELL, and 2 analyst believes that the stock should be rated as UNDERPERFORM.
On Apr-29-19, the stock earned a Upgrade rating due to a new analyst call from BofA/Merrill, while analysts from Goldman believe that the stock is set at Sell from Neutral, as concluded on Apr-16-19. Morgan Stanley, is still rather wary about the stock, deciding to keep the rating at Equal-Weight as confirmed through a call on Feb-12-19.
Piper Jaffray, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Jan-10-19, giving the stock a Neutral rating.
HFC Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +10.74% has been attained, while the operating margin has been recorded at +9.13%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 10.03%. Beta value of the stock is recorded at 1.43. Additionally, HollyFrontier Corporation is recording price volatility of 4.16% for the period of the last seven days and 3.41% in the last 30 days.
HollyFrontier Corporation (NYSE:HFC) Technical Outlook
For the period of the last 50 days, HollyFrontier Corporation had its Raw Stochastic average set at 30.20% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 5.73%. Stochastic %K for HollyFrontier Corporation, with the last 20 days included, was set at 6.28%, having Stochastic %D topping 8.26%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for HollyFrontier Corporation stocks with recording -35.40% in metrics.
HollyFrontier Corporation Insider Watch:
As far as the position of shares issued by HollyFrontier Corporation (NYSE:HFC) for the period concluded at the market close of 08/14/19, 228 institutional investors increased their positions in HFC shares by 13,055,487, 297 decreased positions by 22,721,666 and 63 institutional investors decided to hold positions at 104,223,295. These numbers put the complete list of institutional holdings set at 140,000,448 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 63 institutional investments with 3,949,040 new shares in addition to having 88 institutional investors selling their positions in 2,470,779 shares.