HollyFrontier Corporation [HFC] Stock Looks Poised to Climb Further

HollyFrontier Corporation [HFC] has traded in a range of $16.81 to $52.39 in the last 1 year. As of this writing, the stock is at $26.89, up 2.52%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, HFC shares are 6.54% up with the monthly amount drift of 41.15% and seems well in a long time frame.

On 11, November 2020, HollyFrontier Corporation Announces Regular Cash Dividend. According to news published on Yahoo Finance, HollyFrontier Corporation (NYSE: HFC) (“HollyFrontier”) announced today that its Board of Directors declared a regular quarterly dividend in the amount of $0.35 per share, payable on December 7, 2020 to holders of record of common stock on November 23, 2020.

Analyst Birdseye View:

The most recent analyst activity for HollyFrontier Corporation [NYSE:HFC] stock was on August 07, 2020, when it was Upgrade with a Neutral rating from Goldman. On July 22, 2020, Mizuho Downgrade a Neutral rating and boosted its price target on this stock to $34. On July 08, 2020, Morgan Stanley Downgrade an Underweight rating and decreased its price target from $40 to $32. On June 30, 2020, Cowen Downgrade an Underperform rating and increased its price target to $22. On June 12, 2020, Goldman Downgrade a Sell rating. On May 04, 2020, Mizuho Upgrade a Buy rating and boosted its target amount on this stock to $42. On March 26, 2020, Jefferies Upgrade a Buy rating and amplified its amount target to $41.

In the past 52 weeks of trading, this stock has oscillated between a low of $16.81 and a peak of $52.39. Right now, according to Wall Street analyst the average 12-month amount target is $28.00. At the most recent market close, shares of HollyFrontier Corporation [NYSE:HFC] were valued at $26.89. According to the average price forecast, investors can expect a potential return of -1.35%.

FUNDAMENTAL ANALYSIS

HollyFrontier Corporation [NYSE:HFC] most recently reported quarterly sales of 2.83 billion, which represented growth of -36.30%. This publicly-traded organization’s revenue is $4,292,680 per employee, while its income is $189,336 per employee. This company’s Gross Margin is currently 17.40%, its Operating Margin is -3.50%, its Pretax Margin is +6.70, and its Net Margin is +4.41. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 6.58, 12.97, 15.72 and 9.00 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 33.20 and the whole liability to whole assets at 24.03. It shows enduring liability to the whole principal at 31.57 and enduring liability to assets at 0.23 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 26.07 points at 1st support level, the second support level is making up to 25.25. But as of 1st resistance point, this stock is sitting at 27.74 and at 28.59 for 2nd resistance point.

HollyFrontier Corporation [HFC] reported its earnings at -$0.41 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.53/share signifying the difference of 0.12 and 22.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.25 calling estimates for -$0.55/share with the difference of 0.3 depicting the surprise of 54.50%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for HollyFrontier Corporation [NYSE:HFC] is 2.70. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.53. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.49 and it’s amount to book ratio is 1.37.

Insider Stories

The most recent insider trade was by Voliva Richard Lawrence III, EVP & CFO, and it was the purchase of 10000.0 shares on Mar 12. Voliva Richard Lawrence III, the EVP & CFO, completed a purchase of 10000.0 shares on Mar 11. On Dec 23, Creery Thomas G, SVP, Commercial, completed a sale of 9707.0 shares.