HF Sinclair (NYSE:DINO) Rating Lowered to Strong Sell at Freedom Capital

HF Sinclair (NYSE:DINO) was downgraded by analysts at Freedom Capital from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms also recently issued reports on DINO. Evercore assumed coverage on shares of HF Sinclair in a research report on Friday, July 17th. They issued an “in-line” rating and a $85.00 price target on the stock. Scotiabank increased their price objective on shares of HF Sinclair from $53.00 to $54.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. Wells Fargo & Company raised their target price on shares of HF Sinclair from $58.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 31st. Weiss Ratings downgraded HF Sinclair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Finally, Mizuho reaffirmed a “neutral” rating and set a $79.00 target price (up from $67.00) on shares of HF Sinclair in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $80.75.

HF Sinclair Stock Performance

DINO stock opened at $90.00 on Tuesday. The stock’s 50 day simple moving average is $74.89 and its 200 day simple moving average is $64.02. HF Sinclair has a 12-month low of $42.16 and a 12-month high of $94.22. The firm has a market cap of $16.22 billion, a P/E ratio of 8.59 and a beta of 0.72. The company has a current ratio of 1.79, a quick ratio of 0.88 and a debt-to-equity ratio of 0.28.

HF Sinclair (NYSE:DINO) last released its quarterly earnings data on Tuesday, July 28th. The company reported $5.31 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.82. HF Sinclair had a net margin of 6.13% and a return on equity of 18.62%. The firm had revenue of $10.39 billion during the quarter, compared to the consensus estimate of $8.68 billion. During the same quarter in the previous year, the company posted $1.10 earnings per share. The firm’s revenue was up 53.2% on a year-over-year basis. As a group, equities research analysts predict that HF Sinclair will post 11.15 EPS for the current year.

Insider Transactions at HF Sinclair

In other HF Sinclair news, EVP Valerie Pompa sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $69.05, for a total value of $690,500.00. Following the sale, the executive vice president owned 43,098 shares in the company, valued at approximately $2,975,916.90. This trade represents a 18.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Matthew Joyce sold 2,384 shares of HF Sinclair stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $69.73, for a total value of $166,236.32. Following the sale, the senior vice president directly owned 14,797 shares in the company, valued at approximately $1,031,794.81. This trade represents a 13.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,736 shares of company stock worth $954,694 in the last quarter. 0.26% of the stock is currently owned by corporate insiders.

Institutional Trading of HF Sinclair

Several hedge funds have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new position in shares of HF Sinclair in the fourth quarter worth $26,000. REAP Financial Group LLC bought a new stake in shares of HF Sinclair during the fourth quarter valued at about $29,000. Nalls Sherbakoff Group LLC acquired a new stake in HF Sinclair in the fourth quarter worth about $36,000. Fairway Wealth LLC acquired a new stake in HF Sinclair in the first quarter worth about $41,000. Finally, State of Wyoming bought a new position in HF Sinclair in the 2nd quarter valued at about $41,000. Institutional investors own 88.29% of the company’s stock.

Key HF Sinclair News

Here are the key news stories impacting HF Sinclair this week:

• Positive Sentiment: Q2 results significantly exceeded expectations. HF Sinclair reported adjusted earnings of $5.31 per share, above the $4.49 consensus estimate, while revenue reached $10.39 billion versus expectations of $8.68 billion. Net income was $892 million, or $4.93 per diluted share, compared with $208 million, or $1.10 per share, a year earlier. Higher refining margins and increased throughput drove the improvement. Reuters: HF Sinclair beats quarterly profit estimates
• Positive Sentiment: Lubricants and Specialties separation could unlock value. HF Sinclair plans to pursue a tax-efficient separation of the business through the capital markets, creating an independent, publicly traded company. Management says the new entity would have a capital-light model and greater financial flexibility; the business includes lubricants associated with the company’s DINO-branded motor oil. Financial Post: HF Sinclair strategic transformation
• Positive Sentiment: Dividend increased 5%. The quarterly payout was raised to $0.525 per share from $0.50, with a 2.3% indicated yield. The dividend is payable September 2 to shareholders of record August 11. Business Wire: HF Sinclair second-quarter results and dividend increase
• Neutral Sentiment: HF Sinclair also plans to retire Canadian base-oil refining assets, a move intended to streamline the portfolio but potentially reducing some operating capacity.
• Negative Sentiment: Analysts have cautioned that the spinoff plan may be largely reflected in the stock’s valuation after the earnings-driven advance, limiting additional near-term upside.

About HF Sinclair

HF Sinclair Corporation is a diversified energy manufacturing company engaged in the refining, marketing, and transportation of petroleum products across the United States. The company operates a network of refineries and processing facilities that convert crude oil and other feedstocks into fuels and specialty products. Its integrated model encompasses upstream supply agreements, midstream logistics, and downstream marketing channels, positioning HF Sinclair as a key supplier of refined products to wholesale and retail markets.

The company’s core product slate includes gasoline, diesel, jet fuel, and renewable fuels such as renewable diesel and biodiesel.