News articles about HollyFrontier Corporation (NYSE:HFC) have been trending somewhat positive on Tuesday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. HollyFrontier Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 45.7464713063277 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- The Home Depot, Inc. (HD) Stocks Creates Investor’s Concerns: HollyFrontier Corporation (HFC) – Investing News Update (investingbizz.com)
- Strong growth prospects in the future For HollyFrontier Corporation (HFC) – Street Observer (press release) (streetobserver.com)
- HollyFrontier Corporation (HFC) stock remained among YTD Quarterly with rise of 34.72% – Street Observer (press release) (streetobserver.com)
- Why HollyFrontier (HFC) Stock Might be a Great Pick (finance.yahoo.com)
- Inside Marathon Petroleum’s Stock Performance ahead of Its 3Q17 Earnings (finance.yahoo.com)
A number of research firms have recently commented on HFC. Barclays PLC restated an “overweight” rating and issued a $40.00 price objective (up from $39.00) on shares of HollyFrontier Corporation in a research report on Tuesday, October 10th. Tudor Pickering upgraded HollyFrontier Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 9th. J P Morgan Chase & Co cut HollyFrontier Corporation from a “neutral” rating to an “underweight” rating and boosted their price target for the stock from $33.00 to $34.00 in a research report on Friday, October 6th. Scotiabank upgraded HollyFrontier Corporation from an “outperform” rating to a “focus stock” rating and boosted their price target for the stock from $33.00 to $39.00 in a research report on Saturday, September 30th. Finally, Howard Weil boosted their price target on HollyFrontier Corporation from $33.00 to $39.00 and gave the stock a “focus list” rating in a research report on Thursday, September 28th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $34.15.
HollyFrontier Corporation (NYSE HFC) opened at 36.09 on Tuesday. HollyFrontier Corporation has a 52 week low of $22.63 and a 52 week high of $37.00. The stock has a 50 day moving average price of $34.00 and a 200 day moving average price of $28.95. The firm has a market cap of $6.33 billion, a price-to-earnings ratio of 45.80 and a beta of 1.23.
HollyFrontier Corporation (NYSE:HFC) last released its earnings results on Wednesday, August 2nd. The oil and gas company reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.20. HollyFrontier Corporation had a net margin of 1.13% and a return on equity of 2.65%. The business had revenue of $3.46 billion during the quarter, compared to analysts’ expectations of $3.24 billion. During the same quarter last year, the company earned $0.28 earnings per share. The firm’s revenue was up 27.4% on a year-over-year basis. Equities research analysts expect that HollyFrontier Corporation will post $1.65 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 20th. Investors of record on Wednesday, August 23rd were given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 3.66%. The ex-dividend date was Monday, August 21st. HollyFrontier Corporation’s dividend payout ratio (DPR) is presently 167.09%.
About HollyFrontier Corporation
HollyFrontier Corporation is an independent petroleum refiner. The Company produces various light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. It segments include Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company’s El Dorado, Kansas (the El Dorado Refinery); refinery facilities located in Tulsa, Oklahoma (collectively, the Tulsa Refineries); a refinery in Artesia, New Mexico that is operated in conjunction with crude oil distillation and vacuum distillation and other facilities situated 65 miles away in Lovington, New Mexico (collectively, the Navajo Refinery); refinery located in Cheyenne, Wyoming (the Cheyenne Refinery); a refinery in Woods Cross, Utah (the Woods Cross Refinery), and HollyFrontier Asphalt Company (HFC Asphalt).
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