HF Sinclair Corp. (NYSE: DINO) has a higher price-to-earnings ratio of 6.53x compared to its average ratio. DINO has 36-month beta value of 1.29. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DINO is 180.53M, and currently, short sellers hold a 5.29% ratio of that float. The average trading volume of DINO on May 01, 2024 was 2.30M shares.
DINO) stock’s latest price update
The stock of HF Sinclair Corp. (NYSE: DINO) has decreased by -6.24 when compared to last closing price of 57.86.Despite this, the company has seen a loss of -5.59% in its stock price over the last five trading days. InvestorPlace reported 2024-04-26 that At the moment, targeting oil stocks might not seem the most compelling idea. While the earlier flashpoint in the Middle East – with Iran and Israel lobbing missiles against each other – was a pressing matter, tensions seem to have subsided.
DINO’s Market Performance
HF Sinclair Corp. (DINO) has seen a -5.59% fall in stock performance for the week, with a -10.45% decline in the past month and a -4.76% plunge in the past quarter. The volatility ratio for the week is 2.86%, and the volatility levels for the past 30 days are at 2.70% for DINO.. The simple moving average for the past 20 days is -8.65% for DINO’s stock, with a -3.21% simple moving average for the past 200 days.
Analysts’ Opinion of DINO
Many brokerage firms have already submitted their reports for DINO stocks, with BofA Securities repeating the rating for DINO by listing it as a “Buy.” The predicted price for DINO in the upcoming period, according to BofA Securities is $78 based on the research report published on March 15, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see DINO reach a price target of $60. The rating they have provided for DINO stocks is “Equal Weight” according to the report published on February 26th, 2024.
TD Cowen gave a rating of “Market Perform” to DINO, setting the target price at $52 in the report published on February 22nd of the current year.
DINO Trading at -7.75% from the 50-Day Moving Average
After a stumble in the market that brought DINO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.45% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares sank -11.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.75% lower at present.
During the last 5 trading sessions, DINO fell by -5.59%, which changed the moving average for the period of 200-days by +17.40% in comparison to the 20-day moving average, which settled at $59.04. In addition, HF Sinclair Corp. saw -2.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DINO starting from Fernandez Manuel J, who sale 1,213 shares at the price of $61.10 back on Mar 20 ’24. After this action, Fernandez Manuel J now owns 9,828 shares of HF Sinclair Corp., valued at $74,114 using the latest closing price.
LEE JAMES H, the Director of HF Sinclair Corp., sale 3,190 shares at $59.18 during a trade that took place back on Feb 27 ’24, which means that LEE JAMES H is holding 62,729 shares at $188,784 based on the most recent closing price.
Stock Fundamentals for DINO
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.16 for the gross margin
The net margin for HF Sinclair Corp. stands at 0.05. The total capital return value is set at 0.14. Equity return is now at value 16.23, with 8.68 for asset returns.
Based on HF Sinclair Corp. (DINO), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 10.76.
Currently, EBITDA for the company is 3.08 billion with net debt to EBITDA at 0.69. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 17.94for trailing twelve months and the total asset turnover is 1.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.22.
Conclusion
To put it simply, HF Sinclair Corp. (DINO) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
