Alert: New Earnings Report (5/8/24)-HF Sinclair Corp (NYSE: DINO).

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For its first fiscal quarter (ending March 31), HF Sinclair Corp (NYSE: DINO) has reported a -12% decline in E.P.S. from $1.79 a year ago to $1.57 in the current quarter. However, this performance was $0.41 better than the consensus estimate of $1.16. E.P.S. were $8.08 for the latest four quarters through March 31 versus $14.59 for the same period a year ago — a decline of -45%.

Recent Price Action

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HF Sinclair Corp (NYSE: DINO) stock enjoyed a large increase of 3.8% on 5/8/24. The stock closed at $56.95. Moreover, this advance was accompanied by above average trading volume at 148% of normal. The stock has performed in line with the market over the last nine months and has risen 5.0% during the last week.

Current PriceTarget Research Rating

DINO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

HF Sinclair has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. HF Sinclair has a neutral Power Rating of 56 but a very high Appreciation Score of 88, producing the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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