DINO Price Prediction Next Week
Technical Analysis
Recent price action shows DINO trading in a downward channel, with the stock closing at $56.05 on Friday. The stock has formed a series of lower highs and lower lows, indicating bearish momentum.
News Impact
- Wells Fargo recently lowered price target to $42 from $45, citing lower 2025 refining margins
- The company announced a $0.50 dividend payable March 20, yielding 5.5%, though there are concerns about dividend sustainability
- Contrarian investor model shows improving fundamentals, with rating upgraded from 63% to 69%
Price Prediction for Next Week Based on technical indicators and recent news sentiment:
- Resistance: $57.50
- Support: $54.20
- Target Range: $54.50-$56.50
The stock is likely to trade sideways with downward bias next week. Key factors:
- Negative momentum from Wells Fargo downgrade
- Weakening refining margins outlook
- Technical indicators showing bearish trend continuation
Trading Recommendation: SELL
- Entry: Current market price ($56.05)
- Target: $54.50
- Stop Loss: $57.75
The combination of analyst downgrades, industry headwinds, and bearish technical setup suggests further downside potential in the near term. The stock may see temporary support from spring gasoline season, but overall trend remains bearish.
DINO Similar Chart Price Prediction
The price of DINO is predicted to go up -1.43%, based on the high correlation periods with MPC. The similarity of these two price pattern on the periods is 92.47%.
DINO
MPC
Down: -1.43%Similarity: 92.47%
DINO Revenue Forecast
DINO EPS Forecast
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DINO VS S&P500
The Sinclair acquisition adds refining assets complementary to HF's legacy footprint while adding a marketing business that its portfolio lacked, improving competitiveness.
Investments in renewable diesel should deliver free cash flow and high returns while offering diversification from petroleum, reducing carbon intensity, and generating valuable RINs.
The lubricants business if finding its footing, delivering strong performance and providing the earnings diversification and growth potential originally sought.
DINO Analyst's Forecast
Theresa Chen
Barclays
Hold
2025-01-13
Price Target
$42 → $37
Upside
+0.41%
Barclays lowered the firm's price target on HF Sinclair to $37 from $42 and keeps an Equal Weight rating on the shares as part of a Q4 earnings preview. The firm says refining continues to drag down HF Sinclair's earnings. Poor refining macro compounded by planned maintenance continues to hinder the company's earnings, the analyst tells investors in a research note.
John Royall
JP Morgan
Hold
2024-12-10
Price Target
$51 → $50
Upside
+29.2%
Roger Read
Wells Fargo
Buy → Hold
2024-12-09
Price Target
$53 → $45
Upside
+14.5%
