Looking at top Wall Street opinions, HollyFrontier Corporation (NYSE: HFC) has recently made its way into the research list of BofA/Merrill – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Neutral in the eyes of BofA/Merrill, whereas its previous rating was Underperform in the eyes of BofA/Merrill, as reported on Monday, April 29th, 2019. Another heavy-hitting research note was published by Goldman on Tuesday April 16th, 2019, with this firm downgrading HFC to an updated rating of Sell from its previous rating of Neutral. In the past six months and three months of trading, shares of HollyFrontier Corporation (HFC) have moved by -14.19% and 7.72%, respectively.
Brokerage Updates Related to HollyFrontier Corporation (HFC) Stock
Of the latest market expert opinions, 2 have given an underperform rating, 1 has given a sell rating, and 1 have given a rating of Buy or better. Based on the 17 stock market experts following this company, the average 12-month price target is $55.69. Moreover, individual price targets range between $47.00-$75.00. With its recent move to $54.00, we can see that these firms project this stock will loss by -31.90% in one year.
Updates from HollyFrontier Corporation (HFC) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.60% rise since the beginning of the calendar year. A Director at HollyFrontier Corporation (HFC) bought some of its shares in a transaction that was finalized on Aug 05. Similarly, MYERS FRANKLIN bought 2,900 shares of the organization’s stock at $42.78 apiece and racked up $124,062 in earnings from the purchase. Now, MYERS FRANKLIN holds 22,489 shares of the company following the exchange. A Director of the organization named Jennings Michael, was engaged in a transaction that occurred on Feb 22 that managed to be worth $497,430 from the sale of 9,000 common shares at a price of $55.27 per individual share.
HollyFrontier Corporation (NYSE:HFC) Results in the Pipeline
The next scheduled release of financial results for HollyFrontier Corporation will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.43. In the same vein, they expect sales for the quarter to amount to $3,313.13 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $3,897.25 million in revenue alongside EPS at $0.54. On average, the analyst projection was calling for $4,344.20 million with $2.25 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $4,770.80 million, with earnings per share ending up at $1.98.
The Hartford Financial Services Group, Inc. (NYSE:HIG) experienced a gain of 1.60% from the closing price in the previous trading day. That boost the price to $58.90 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,539,311 shares of stock – compared to the typical average of 2.09M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $63.00.
Pricing Indications for The Hartford Financial Services Group, Inc. (HIG)
This organization has had a price-to-earnings ratio of 13.61 in the last year. Meanwhile, it gained 56.56 from its observable 50-day simple moving average. Right at this moment, the per-share value is 18.22% higher than the mean per-share price over the last 200 days in the market.
The Hartford Financial Services Group, Inc. (NYSE:HIG) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 5 have a Buy rating, 7 have an outperform rating, while 9 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.30, based on information from Thomson Reuters.
HIG Stock Value Potential
In trading activity as of late, this stock’s value was 49.89 up from its 200 day moving average, while also 4.35% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $57.00-$70.00. The market value for the entire organization reached 21.33B. In the last trading session, the price ended the day at $57.97. The institutional holdings related to this organization account for 0.20%, and the Beta factor is now 0.64. This company’s RSI (Relative Strength Index) managed to hit 61.71.
The Hartford Financial Services Group, Inc. (NYSE:HIG) Analyst Points of Focus
The Hartford Financial Services Group, Inc. (HIG) has found itself inside of Goldman’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Neutral by Goldman, as garnered from a news report on Wednesday May 29th, 2019. An additional helpful research note was sent out by Janney’s on Tuesday December 4th, 2018. The brokerage decided to upgrade HIG to Buy from its previous rating of Neutral.