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Should You Buy HF Sinclair Corp (DINO) Stock Thursday?

Thursday, November 09, 2023 11:27 AM | InvestorsObserver Analysts

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Should You Buy HF Sinclair Corp (DINO) Stock Thursday?

HF Sinclair Corp (DINO) receives a strong valuation ranking of 66 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. DINO has a better value than 66% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

Valuation Rank - 66
DINO gets a 66 Valuation Rank today. Find out what this means to you and get the rest of the rankings on DINO!

Metrics Analysis

DINO has a trailing twelve month Price to Earnings (PE) ratio of 4.48. The historical average of roughly 15 shows a good value for DINO stock as investors are paying lower share prices relative to the company's earnings. DINO's low trailing PE ratio shows that the firm has been trading below its fair market value recently. Its trailing 12-month earnings per share (EPS) of 12.36 more than justifies the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings.
DINO's 12-month-forward PE to Growth (PEG) ratio of 0.62 is considered a good value as the market is undervaluing DINO in relation to the company's projected earnings growth. DINO's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.

Summary

DINO's valuation metrics are strong at its current price due to a undervalued PEG ratio due to strong growth. DINO's PE and PEG are better than the market average resulting in a above average valuation score. Click Here to get the full Report on HF Sinclair Corp (DINO) stock.

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