HF Sinclair Corp. (DINO) stock expected to gain 22.09% in the coming months

At the time of writing, HF Sinclair Corp. [DINO] stock is trading at $48.53, up 1.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DINO shares have lost -1.28% over the last week, with a monthly amount drifted -9.81%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, BofA Securities upgraded its rating to Buy on March 15, 2024, and elevated its price target to $78. TD Cowen reiterated its Market Perform rating and increased its price target to $52 on February 22, 2024. UBS upgraded its rating to a Buy and raised its price target to $73 on February 14, 2024. BMO Capital Markets started tracking with a Outperform rating for this stock on October 05, 2023, and assigned it a price target of $65. In a note dated August 16, 2023, Mizuho downgraded an Neutral rating on this stock and boosted its target price from $56 to $63.

For the past year, the stock price of HF Sinclair Corp. fluctuated between $47.09 and $64.16. Currently, Wall Street analysts expect the stock to reach $59.25 within the next 12 months. HF Sinclair Corp. [NYSE: DINO] shares were valued at $48.53 at the most recent close of the market. An investor can expect a potential return of 22.09% based on the average DINO price forecast.

Analyzing the DINO fundamentals

According to HF Sinclair Corp. [NYSE:DINO], the company’s sales were 31.43B for trailing twelve months, which represents an -7.05% plunge. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.16 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.79 points at the first support level, and at 47.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.00, and for the 2nd resistance point, it is at 49.46.

Ratios To Look Out For

It is important to note that HF Sinclair Corp. [NYSE:DINO] has a current ratio of 2.17. As well, the Quick Ratio is 1.09, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.30, the price to book ratio is 0.94 and price to earnings (TTM) ratio is 6.00.

Transactions by insiders

Recent insider trading involved MYERS FRANKLIN, Director, that happened on Jun 12 ’24 when 2000.0 shares were purchased. Director, MYERS FRANKLIN completed a deal on May 20 ’24 to buy 6500.0 shares. Meanwhile, Director Fernandez Manuel J sold 1213.0 shares on Mar 20 ’24.

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