HollyFrontier Corporation (NYSE:HFC) previous close was $33.88 while the outstanding shares total 162.48M. The firm has a beta of 1.78. HFC’s shares traded higher over the last trading session, gaining 5.73% on 05/14/21. The shares fell to a low of $34.35 before closing at $35.82. Intraday shares traded counted 2.37 million, which was -5.19% lower than its 30-day average trading volume of 2.25M. The stock’s Relative Strength Index (RSI) is 52.78, with weekly volatility at 5.01% and ATR at 1.61. The HFC stock’s 52-week price range has touched low of $16.81 and a $42.39 high.
Investors have identified the Oil & Gas Refining & Marketing company HollyFrontier Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.50 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
HollyFrontier Corporation (HFC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 3.7 billion total, with 1.76 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.61 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HFC sounds very interesting.
Is the stock of HFC attractive?
In related news, President, HFLS, Lerner Bruce A. bought 3,000 shares of the company’s stock in a transaction that recorded on May 11. The purchase was performed at an average price of 34.74, for a total value of 104,220. As the purchase deal closes, the Director, MYERS FRANKLIN now bought 10,000 shares of the company’s stock, valued at 346,900. Also, CEO and President, Jennings Michael bought 7,500 shares of the company’s stock in a deal that was recorded on May 07. The shares were cost at an average price of 34.98 per share, with a total market value of 262,350. Following this completion of disposal, the Director, MYERS FRANKLIN now holds 3,310 shares of the company’s stock, valued at 124,357. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
4 out of 17 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on HollyFrontier Corporation. 2 analysts has assigned a Sell rating on the HFC stock. The 12-month mean consensus price target for the company’s shares has been set at $40.83.