HF Sinclair (DINO) Expected to Announce Quarterly Earnings on Thursday

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

HF Sinclair Stock Performance

NYSE:DINO opened at $35.99 on Thursday. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.24. HF Sinclair has a twelve month low of $33.47 and a twelve month high of $64.16. The stock has a market cap of $6.77 billion, a P/E ratio of 22.22 and a beta of 1.22. The firm’s fifty day simple moving average is $36.22 and its 200 day simple moving average is $41.83.

Insider Activity at HF Sinclair

In other news, CFO Atanas H. Atanasov bought 7,000 shares of HF Sinclair stock in a transaction dated Thursday, December 12th. The shares were purchased at an average cost of $37.96 per share, with a total value of $265,720.00. Following the completion of the acquisition, the chief financial officer now owns 71,927 shares of the company’s stock, valued at $2,730,348.92. This trade represents a 10.78 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.28% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on DINO shares. Mizuho dropped their target price on shares of HF Sinclair from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Wells Fargo & Company cut HF Sinclair from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $53.00 to $45.00 in a research report on Monday, December 9th. JPMorgan Chase & Co. reduced their price objective on HF Sinclair from $51.00 to $50.00 and set a “neutral” rating for the company in a research report on Tuesday, December 10th. Barclays dropped their target price on HF Sinclair from $42.00 to $37.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Finally, UBS Group reduced their price target on HF Sinclair from $58.00 to $55.00 and set a “buy” rating for the company in a report on Monday, November 4th. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $51.00.

HF Sinclair Company Profile

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.