Subscription: Value Stocks
HFC - looks having bottomed
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.
Check the introductory post on $HFC:
https://www.castawaytrader.com/value/hfc-5-5-19/
HFC looks having bottomed in a larger correction startrd at the top made at 83.28 in June 2018.
The stock lost 50% of its value as a result of that correction.
HFC has made a nice looking rally off the low structured as a-b-c up. I count it as a micro wave i up.
Now we need to get a pullback shaped as a-b-c down making a higher low. That would make a high probability LONG setup.
HFC - 90 min chart updated at 9-55 AM on 6-21-2019
Financial Strength
The company has great profitability ratios and has a limited debt slightly exceeding annual EBITDA. And the company is cheap. Currently it is traded at 6.8 Price-to-Free-Cash-Flow. It’s a great company with a solid business at a good price! And, as a cherry on the top, it pays nice 3.2% dividend!
Operating Margin
9.3
Net
Margin
6.19
Return on Capital
29
Price-to-Free-Cash-Flow
6.8
Debt-to-Ebitda
1.2
Dividend Yield
3.2
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