HF Sinclair (DINO) Projected to Post Quarterly Earnings on Thursday

HF Sinclair (NYSE:DINO) is expected to be releasing its earnings data before the market opens on Thursday, February 20th. Analysts expect HF Sinclair to post earnings of ($0.91) per share and revenue of $6.56 billion for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

HF Sinclair Trading Up 1.4 %

Shares of DINO opened at $38.54 on Wednesday. HF Sinclair has a 12-month low of $33.47 and a 12-month high of $64.16. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $7.25 billion, a price-to-earnings ratio of 23.79 and a beta of 1.22. The stock’s 50-day moving average price is $36.05 and its 200 day moving average price is $41.45.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on DINO. TD Cowen lowered their price target on HF Sinclair from $43.00 to $35.00 and set a “hold” rating on the stock in a research note on Wednesday, December 18th. Mizuho dropped their target price on HF Sinclair from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Monday, December 16th. JPMorgan Chase & Co. dropped their target price on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a report on Tuesday, December 10th. Wells Fargo & Company cut HF Sinclair from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $53.00 to $45.00 in a report on Monday, December 9th. Finally, Barclays dropped their target price on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $51.00.

Insider Buying and Selling

In other HF Sinclair news, CFO Atanas H. Atanasov purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The shares were acquired at an average cost of $33.77 per share, for a total transaction of $168,850.00. Following the transaction, the chief financial officer now directly owns 78,927 shares in the company, valued at approximately $2,665,364.79. The trade was a 6.76 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. 0.28% of the stock is owned by corporate insiders.

About HF Sinclair

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.