HF Sinclair Corporation (NYSE: DINO): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for HF Sinclair Corporation (DINO) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.57, or -3.01%, to $50.51. Volume reached 54,421 shares, with price reaching a high of $50.51 and a low of $50.51. The stock was recently discussed on Yahoo Finance as it revealed that HF Sinclair Corporation and Holly Energy Partners Announce Management Changes.


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Stocks Info

DINO belongs to the Energy sector of the NYSE while operating in the Oil & Gas Refining & Marketing industry. At the end of the last regular session, the stock closed at $50.51 and fluctuated between $52.48 as its day high and $50.50 as its day low. The current market capitalization of HF Sinclair Corporation is $11.26B. A total of 1.84 million shares were traded on the day, compared to an average of 1.89M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, DINO has seen 2 BUY and 3 SELL insider trades, representing the acquisition of 5,966 and the disposition of 5,112,475 shares. Over the last 12 months, there were 29 BUYs and 22 SELLs from insiders. Insiders purchased 306,201 shares during that period but sold 5,291,745.

In the most recent transaction, MYERS FRANKLIN bought 7,250 shares of DINO for 55.94 per share on Aug 26. After the transaction, the Director now owns 106,965 company shares. In a previous transaction on Aug 26, Fernandez Manuel J sold 950 shares at 55.31 per share. DINO shares that Director owns now total 9,803.

Among the insiders who sold shares, Bhatia Vaishali S. disposed of 10,435 shares on Aug 18 at a per-share price of $54.03. This resulted in the SVP, General Counsel & Sec holding 38,442 shares of DINO after the transaction. In another insider transaction, MYERS FRANKLIN bought 4,800 shares at $51.98 per share on Aug 17. Company shares held by the Director now total 99,715.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. HF Sinclair Corporation pays an annual dividend of $1.60, resulting in a dividend yield of 3.17%, and it has a price to earnings (P/E) ratio of 6.62. DINO’s most recent ex-dividend date was 08/17/2022 when it declared a $0.40 quarterly dividend that was paid in cash on 09/01/2022. Previously, the company paid the dividend on 06/02/2022 with an ex-dividend date of 05/20/2022. The dividend was $0.40 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for DINO in the last 3 months, the mean price target is $59.15 with high estimates of $70.00 and low estimates of $40.00. In terms of 52-week highs and lows, DINO has a high of $58.50 and a low of $29.14.

As of this writing, DINO has an earnings estimate of $4.56 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $6.86 per share and a lower estimate of $3.55. The company reported an EPS of $5.59 in the last quarter, which was 24.22% higher than expectations of $4.5.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 17 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DINO is Underweight with a score of 4.33. A total of 8 analysts rated the stock as Buy while 0 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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