HF Sinclair Corp (DINO) is looking forward to a strong quarter

With 3.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.07 million shares. The 52-week range on DINO shows that it touched its highest point at $64.16 and its lowest point at $29.85 during that stretch. It currently has a 1-year price target of $44.33. With its current market cap of 5.95 billion, DINO has annualized dividend of $2.00 while the current yield stands at 6.33%. Beta for the stock currently stands at 0.99.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DINO was down-trending over the past week, with a drop of -4.51%, but this was down by -13.90% over a month. Three-month performance dropped to -20.51% while six-month performance fell -30.72%. The stock lost -43.19% in the past year, while it has lost -9.90% so far this year. A look at the trailing 12-month EPS for DINO yields 0.82 with Next year EPS estimates of 3.54. For the next quarter, that number is -0.05. This implies an EPS growth rate of 106.49% for this year and 69.68% for next year. EPS is expected to grow by 75.12% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -27.69%.

Float and Shares Shorts:

At present, 188.41 million DINO shares are outstanding with a float of 171.27 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DINO since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.18527 being high and $0.93785 being low. For DINO, this leads to a yearly average estimate of $1.22011. Based on analyst estimates, the high estimate for the next quarter is $1.23 and the low estimate is $0.58. The average estimate for the next quarter is thus $0.9.