Drilling Down Into HollyFrontier Corporation (HFC)

HollyFrontier Corporation (HFC) is an interesting player in the Basic Materials space, with a focus on Oil & Gas Refining & Marketing. The stock has been active on the tape, currently trading at $51.22, down from yesterday’s close by -0.54%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

HollyFrontier Corporation (HFC) currently trades with a market capitalization of $9.13 Billion. That value represents a market adjusting for revenues that have been growing by 30.63 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $658.02 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.85 on a per share basis this quarter. Perhaps, that suggests something about why 1.60% of the outstanding share supply is held by institutional investors.



Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, HollyFrontier Corporation recorded a 52-week high of $52.00. It is now trading 0.78% off that level. The stock is trading $43.83 its 50-day moving average by -7.39%. The stock carved out a 52-week low down at $23.46.

In recent action, HollyFrontier Corporation (HFC) has made a move of +15.15% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.08% with $176.12 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of HFC.

SHARE
Previous articleSalesforce.com, inc. (CRM): From Top to Bottom
Next articleThe Case for and Against Zayo Group Holdings, Inc. (ZAYO)