HollyFrontier Corporation (NYSE:HFC) has a beta value of 1.77 and has seen 1,696,515 shares traded in the last trading session. The company, currently valued at $6.01 Billion, closed the last trade at $37 per share which meant it gained $2 on the day or 5.71% during that session. The HFC stock price is -14.57% off its 52-week high price of $42.39 and 54.57% above the 52-week low of $16.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.78 Million shares traded. The 3-month trading volume is 2.37 Million shares.
The consensus among analysts is that HollyFrontier Corporation (HFC) is a Hold stock at the moment, with a recommendation rating of 2.8. 2 analysts rate the stock as a Sell, while none rate it as Overweight. 11 out of 17 have rated it as a Hold, with 4 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.45.
HollyFrontier Corporation (NYSE:HFC) trade information
Sporting 5.71% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Monday, May 03 when the HFC stock price touched $37.27- or saw a rise of 0.72%. Year-to-date, HollyFrontier Corporation shares have moved 43.13%, while the 5-day performance has seen it change 7.62%. Over the past 30 days, the shares of HollyFrontier Corporation (NYSE:HFC) have changed -2.68%. Short interest in the company has seen 7.83 Million shares shorted with days to cover at 3.3.
Wall Street analysts have a consensus price target for the stock at $41, which means that the shares’ value could jump 10.81% from current levels. The projected low price target is $29 while the price target rests at a high of $52. In that case, then, we find that the current price level is +40.54% off the targeted high while a plunge would see the stock lose -21.62% from current levels.
HollyFrontier Corporation (HFC) estimates and forecasts
Figures show that HollyFrontier Corporation shares have outperformed across the wider relevant industry. The company’s shares have gained +107.98% over the past 6 months, with this year growth rate of 158.62%, compared to 31% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are -184.9% and 180% for the next quarter. Revenue growth from the last financial year stood is estimated to be +5.9%.
4 analysts offering their estimates for the company have set an average revenue estimate of $2.65 Billion for the current quarter. 4 have an estimated revenue figure of $2.9 Billion for the next quarter concluding in June 01, 2021. Year-ago sales stood $3.4 Billion and $2.06 Billion respectively for this quarter and the next, and analysts expect sales will grow by -22.1% for the current quarter and 40.5% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -24.2% over the past 5 years. Earnings growth for 2021 is a modest -180.8% while over the next 5 years, the company’s earnings are expected to increase by -6.61%.
HollyFrontier Corporation is expected to release its next earnings report between May 05 and May 05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.4 at a share yield of 3.92%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.81%.
HollyFrontier Corporation (NYSE:HFC)’s Major holders
Insiders own 0.56% of the company shares, while shares held by institutions stand at 91.36% with a share float percentage of 91.87%. Investors are also buoyed by the number of investors in a company, with HollyFrontier Corporation having a total of 610 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 16.18 Million shares worth more than $418.32 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 9.96% of shares outstanding.
The other major institutional holder is TCTC Holdings, LLC, with the holding of over 12.44 Million shares as of December 30, 2020. The firm’s total holdings are worth over $321.63 Million and represent 7.66% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Select Sector SPDR Fund-Energy Select. As of December 30, 2020, the former fund manager holds about 2.56% shares in the company for having 4155820 shares of worth $107.43 Million while later fund manager owns 3.95 Million shares of worth $141.27 Million as of March 30, 2021, which makes it owner of about 2.43% of company’s outstanding stock.