HF Sinclair (DINO) to Release Earnings on Thursday

HF Sinclair (NYSE:DINO) is projected to announce 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. Investors interested in participating in the company’s conference call can do so using this link.

HF Sinclair Stock Down 4.7 %

NYSE:DINO opened at $35.99 on Thursday. HF Sinclair has a 1 year low of $33.47 and a 1 year high of $64.16. The stock has a 50-day moving average price of $36.22 and a two-hundred day moving average price of $41.83. The stock has a market cap of $6.77 billion, a price-to-earnings ratio of 22.22 and a beta of 1.22. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24.

Insider Buying and Selling at HF Sinclair

In related news, CFO Atanas H. Atanasov bought 7,000 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of $37.96 per share, for a total transaction of $265,720.00. Following the completion of the transaction, the chief financial officer now directly owns 71,927 shares in the company, valued at approximately $2,730,348.92. The trade was a 10.78 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.28% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.