A number of firms have modified their ratings and price targets on shares of HollyFrontier (NYSE: HFC) recently:

  • 11/29/2017 – HollyFrontier was downgraded by analysts at Tudor Pickering from a “buy” rating to a “hold” rating.
  • 11/20/2017 – HollyFrontier was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. They now have a $53.00 price target on the stock.
  • 11/17/2017 – HollyFrontier had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $38.00 price target on the stock.
  • 11/14/2017 – HollyFrontier 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 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 was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 11/2/2017 – HollyFrontier 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 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 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 was upgraded by analysts at Goldman Sachs Group Inc from a “sell” rating to a “neutral” rating. They now have a $26.00 price target on the stock.
  • 11/1/2017 – HollyFrontier was upgraded by analysts at TheStreet from a “c+” rating to a “b” rating.
  • 11/1/2017 – HollyFrontier had its “buy” rating reaffirmed by analysts at Scotiabank. They now have a $39.00 price target on the stock.
  • 10/23/2017 – HollyFrontier had its “underperform” rating reaffirmed by analysts at Macquarie.
  • 10/18/2017 – HollyFrontier 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 had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $30.00 price target on the stock.
  • 10/17/2017 – HollyFrontier 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. “
  • 10/10/2017 – HollyFrontier 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 was upgraded by analysts at Tudor Pickering from a “hold” rating to a “buy” rating.
  • 10/6/2017 – HollyFrontier 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 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.

Shares of HollyFrontier Corporation (HFC) traded up $0.50 on Wednesday, reaching $45.26. The company had a trading volume of 3,722,300 shares, compared to its average volume of 2,800,472. The stock has a market capitalization of $7,808.88, a P/E ratio of 28.42, a P/E/G ratio of 2.03 and a beta of 1.21. HollyFrontier Corporation has a 1 year low of $23.46 and a 1 year high of $45.33. 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 earnings results on Wednesday, November 1st. The oil and gas company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.25. HollyFrontier had a return on equity of 5.18% and a net margin of 2.55%. The company had revenue of $3.72 billion for the quarter, compared to the consensus estimate of $3.24 billion. During the same quarter last year, the business posted $0.42 EPS. HollyFrontier’s quarterly revenue was up 30.6% compared to the same quarter last year. sell-side analysts anticipate that HollyFrontier Corporation will post 2.17 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Tuesday, November 21st will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 2.92%. The ex-dividend date is Monday, November 20th. HollyFrontier’s dividend payout ratio (DPR) is 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).

Receive News & Ratings for HollyFrontier Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HollyFrontier Corporation and related companies with MarketBeat.com's FREE daily email newsletter.