News stories about HollyFrontier (NYSE:HFC) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HollyFrontier earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 46.3869506514305 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
HollyFrontier (NYSE HFC) opened at $44.31 on Tuesday. The stock has a market cap of $7,844.33, a P/E ratio of 28.55, a PEG ratio of 2.04 and a beta of 1.31. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.00 and a quick ratio of 0.98. HollyFrontier has a 1 year low of $23.46 and a 1 year high of $45.33.
HollyFrontier (NYSE:HFC) last released its quarterly earnings data on Wednesday, November 1st. The oil and gas company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.25. The company had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.24 billion. HollyFrontier had a net margin of 2.55% and a return on equity of 5.18%. HollyFrontier’s revenue for the quarter was up 30.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.42 EPS. equities research analysts forecast that HollyFrontier will post 2.17 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 13th. Stockholders of record on Tuesday, November 21st will be paid a $0.33 dividend. The ex-dividend date is Monday, November 20th. This represents a $1.32 annualized dividend and a dividend yield of 2.98%. HollyFrontier’s dividend payout ratio is currently 69.47%.
A number of research firms recently commented on HFC. Barclays reaffirmed an “overweight” rating and set a $39.00 price target (up from $37.00) on shares of HollyFrontier in a research report on Wednesday, August 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $38.00 price target (up from $36.00) on shares of HollyFrontier in a research report on Wednesday, August 9th. BidaskClub lowered shares of HollyFrontier from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Howard Weil raised their price target on shares of HollyFrontier from $33.00 to $39.00 and gave the stock a “focus list” rating in a research report on Thursday, September 28th. Finally, Tudor Pickering lowered shares of HollyFrontier from a “buy” rating to a “hold” rating in a report on Wednesday, November 29th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $38.59.
In other news, Director Michael Jennings sold 4,500 shares of HollyFrontier stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $44.50, for a total value of $200,250.00. Following the completion of the sale, the director now owns 49,717 shares in the company, valued at approximately $2,212,406.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.51% of the company’s stock.
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HollyFrontier Company Profile
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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