HollyFrontier Corporation (NYSE: HFC) recently received a number of ratings updates from brokerages and research firms:

  • 11/14/2017 – HollyFrontier Corporation had its price target raised by analysts at Barclays PLC from $47.00 to $57.00. They now have an “overweight” rating on the stock.
  • 11/6/2017 – HollyFrontier Corporation had its price target raised by analysts at Royal Bank Of Canada from $42.00 to $49.00. They now have an “outperform” rating on the stock.
  • 11/2/2017 – HollyFrontier Corporation was upgraded by analysts at Goldman Sachs Group, Inc. (The) from a “sell” rating to a “neutral” rating. They now have a $26.00 price target on the stock.
  • 11/2/2017 – HollyFrontier Corporation is now covered by analysts at Barclays PLC. They set an “overweight” rating and a $47.00 price target on the stock.
  • 11/2/2017 – HollyFrontier Corporation had its price target raised by analysts at Wells Fargo & Company from $33.00 to $40.00. They now have a “market perform” rating on the stock.
  • 11/2/2017 – HollyFrontier Corporation had its price target raised by analysts at Oppenheimer Holdings, Inc. to $47.00. They now have a “neutral” rating on the stock.
  • 11/2/2017 – HollyFrontier Corporation was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 11/1/2017 – HollyFrontier Corporation was upgraded by analysts at TheStreet from a “c+” rating to a “b” rating.
  • 11/1/2017 – HollyFrontier Corporation had its “buy” rating reaffirmed by analysts at Scotiabank. They now have a $39.00 price target on the stock.
  • 10/23/2017 – HollyFrontier Corporation had its “underperform” rating reaffirmed by analysts at Macquarie.
  • 10/18/2017 – HollyFrontier Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $42.00 price target on the stock.
  • 10/17/2017 – HollyFrontier Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $40.00 price target on the stock. According to Zacks, “HollyFrontier is one of the largest independent oil refiners in the U.S. with the capability to process a wide mix of crude. While its access to some of the fastest growing domestic markets bode well for the downstream operator, the Petro-Canada Lubricants acquisition has helped HollyFrontier expand into a high-margin, less competitive business. Additionally, through its 36% interest in Holly Energy Partners, the company maintains fee-based assets with limited commodity price exposure. A strong financial position and attractive yields are other positives in the HFC story. Consequently, we think HollyFrontier offers substantial upside potential from the current price levels and view it as an attractive investment. “
  • 10/17/2017 – HollyFrontier Corporation had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $30.00 price target on the stock.
  • 10/10/2017 – HollyFrontier Corporation had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a $40.00 price target on the stock, up previously from $39.00.
  • 10/9/2017 – HollyFrontier Corporation was upgraded by analysts at Tudor Pickering from a “hold” rating to a “buy” rating.
  • 10/6/2017 – HollyFrontier Corporation was downgraded by analysts at J P Morgan Chase & Co from a “neutral” rating to an “underweight” rating. They now have a $34.00 price target on the stock, up previously from $33.00.
  • 9/30/2017 – HollyFrontier Corporation was upgraded by analysts at Scotiabank from an “outperform” rating to a “focus stock” rating. They now have a $39.00 price target on the stock, up previously from $33.00.
  • 9/28/2017 – HollyFrontier Corporation had its price target raised by analysts at Howard Weil from $33.00 to $39.00. They now have a “focus list” rating on the stock.

Shares of HollyFrontier Corporation (HFC) opened at $42.84 on Wednesday. HollyFrontier Corporation has a 52 week low of $23.46 and a 52 week high of $43.27. The company has a quick ratio of 0.98, a current ratio of 2.00 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $7,418.88, a PE ratio of 27.00, a PEG ratio of 2.01 and a beta of 1.21.

HollyFrontier Corporation (NYSE:HFC) last released its earnings results on Wednesday, November 1st. The oil and gas company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.25. HollyFrontier Corporation had a return on equity of 5.18% and a net margin of 2.55%. The company had revenue of $3.72 billion during the quarter, compared to analyst estimates of $3.24 billion. During the same quarter in the previous year, the company posted $0.42 EPS. HollyFrontier Corporation’s revenue for the quarter was up 30.6% on a year-over-year basis. analysts expect that HollyFrontier Corporation will post 2.08 earnings per share for the current year.

The business also recently announced 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. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend is Monday, November 20th. HollyFrontier Corporation’s dividend payout ratio (DPR) is presently 69.47%.

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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