HollyFrontier (HFC) Getting Somewhat Positive Press Coverage, Analysis Shows

News articles about HollyFrontier (NYSE:HFC) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. HollyFrontier earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the oil and gas company an impact score of 45.9541746540162 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern’s scoring:

HFC has been the subject of a number of recent research reports. TheStreet raised HollyFrontier from a “c+” rating to a “b” rating in a report on Wednesday, November 1st. Scotiabank reissued a “buy” rating and issued a $39.00 target price on shares of HollyFrontier in a report on Wednesday, November 1st. Zacks Investment Research raised HollyFrontier from a “hold” rating to a “buy” rating and set a $40.00 target price for the company in a report on Tuesday, October 17th. Royal Bank of Canada reissued a “buy” rating and issued a $42.00 target price on shares of HollyFrontier in a report on Wednesday, October 18th. Finally, Tudor Pickering raised HollyFrontier from a “hold” rating to a “buy” rating in a report on Monday, October 9th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $42.71.

HollyFrontier (HFC) traded down $1.49 during mid-day trading on Thursday, reaching $50.91. The company had a trading volume of 1,987,758 shares, compared to its average volume of 2,150,583. HollyFrontier has a 12-month low of $23.46 and a 12-month high of $53.21. The firm has a market cap of $9,020.00, a PE ratio of 26.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.30. 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 (NYSE:HFC) last released its quarterly earnings results on Wednesday, November 1st. The oil and gas company reported $1.14 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.25. HollyFrontier had a return on equity of 5.18% and a net margin of 2.55%. The firm had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.24 billion. During the same period last year, the firm posted $0.42 EPS. The business’s revenue was up 30.6% on a year-over-year basis. equities research analysts forecast that HollyFrontier will post 2.35 earnings per share for the current year.

In related news, SVP James M. Stump sold 30,000 shares of the firm’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $51.21, for a total transaction of $1,536,300.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael Jennings sold 4,500 shares of the firm’s 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 sale, the director now directly owns 49,717 shares of the company’s stock, valued at $2,212,406.50. The disclosure for this sale can be found here. Insiders have sold a total of 82,649 shares of company stock valued at $4,062,308 over the last ninety days. 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).

Insider Buying and Selling by Quarter for HollyFrontier (NYSE:HFC)

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