HF Sinclair Corp. (NYSE:DINO) shares traded 1.87% higher at $59.34 on Wall Street last session.
DINO stock price is now 5.67% away from the 50-day moving average and 10.53% away from the 200-day moving average. The market capitalization of the company currently stands at $11.78B.
With the price target enhanced from $62 to $78, BofA Securities Upgraded its rating from Neutral to Buy for HF Sinclair Corp. (NYSE: DINO). , while ‘TD Cowen’ rates the stock as ‘Market Perform’
In other news, LEE JAMES H, Director sold 3,190 shares of the company’s stock on Feb 27 ’24. The stock was sold for $188,784 at an average price of $59.18. Upon completion of the transaction, the Director now directly owns 62,729 shares in the company, valued at $3.72 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’24, Director MYERS FRANKLIN bought 4,180 shares of the business’s stock. A total of $246,369 was incurred on buying the stock at an average price of $58.94. This leaves the insider owning 131,793 shares of the company worth $7.82 million. A total of 11.74% of the company’s stock is owned by insiders.
During the past 12 months, HF Sinclair Corp. has had a low of $37.12 and a high of $62.20. As of last week, the company has a debt-to-equity ratio of 0.31, a current ratio of 2.22, and a quick ratio of 1.16. The fifty day moving average price for DINO is $56.22 and a two-hundred day moving average price translates $53.77 for the stock.
The latest earnings results from HF Sinclair Corp. (NYSE: DINO) was released for Dec, 2023. According to the Oil & Gas Refining & Marketing Company, earnings per share came in at $0.87, beating analysts’ expectations of $0.72 by 0.15. This compares to $3.73 EPS in the same period last year. The net profit margin was 4.93% and return on equity was 16.23% for DINO. The company reported revenue of $7.66 billion for the quarter, compared to $8.98 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.74 percent. For the current quarter, analysts expect DINO to generate $7.57B in revenue.
