HollyFrontier Corporation (NYSE:HFC) registered a 0.18% increase, still its new closing price is 30.67% up from the company’s 1 year high of 37.81.It posted -5.15% losses in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 16 stock analysts following this company have an average price target at $34.42, with individual PT in the $29.00-$42.00 range. The shares moved at $28.17, implying that brokerage firms see shares losing about -7.43% in twelve months time.
HollyFrontier Corporation (HFC) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -14.01% fall year to date. A Executive Chairman at HollyFrontier Corporation (HFC) offloaded shares in a transaction closed on Thursday December 22, 2016. Jennings Michael sold 6,529 shares in the company at $32.18 each and collected $210,000 in proceeds. Jennings Michael now owns 62,727 shares in the company after this transaction. A Director in the company, LEE JAMES H, disclosed a transaction on Tuesday December 20, 2016 that ended up generating $86,001 from the sale of 2,730 shares at $31.72 per share.
HollyFrontier Corporation (NYSE:HFC) Upcoming Results on Tap
HollyFrontier Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.75 in that period. Sales during the quarter are predicted to arrive at $2.89 billion.
Earnings surprise history: Last quarter, the company posted approximately $2.85 billion in revenue and EPS of $0.38. The mean forecast was for $2.68 billion and $0.36 a share, respectively. One quarter earlier, revenue for the stock was at $2.71 billion, with earnings at $0.28/share.
HollyFrontier Corporation (HFC) Brokerage Update
HollyFrontier Corporation (HFC) is in Credit Suisse’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Credit Suisse, according to news reported on Monday December 05, 2016.Another important research note was issued by Tudor Pickering on Tuesday November 01, 2016.The firm upgraded HFC to Hold from Sell. Over the last six months and over the last three months, the shares of HollyFrontier Corporation (HFC), have changed 8.17% and 11.95%, respectively.