Analysts’ Views On Delek US Holdings Inc. (DK)

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KOSK
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Delek US Holdings Inc. (NYSE:DK) finished Thursday with a subtraction of -$2.59 to close at $24.77, a downside of -9.47 percent. An average of 991,567 shares of common stock have been traded in the last five days. There was a fall of -$0.93 in the past week, and it reached a new high 31 times over the past 12 months. The last 20 days have seen an average of 1,361,842 shares traded, while the 50-day average volume stands at 1,305,913.

DK stock has decreased by -8.10% in the last month. The company shares reached their 1-month lowest point of $24.37 on 09/23/22. With the stock rallying to its 52-week high on 06/09/22, shares of the company touched a low of $13.95 and a high of $34.93 in 52 weeks. It has reached a new high 34 times so far this year and achieved 84.07% or $9.96 in price. In spite of this, the price is down -29.09% from the 52-week high.


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Insider Transactions

189 days have passed since Delek US Holdings Inc. (DK) last reported insider trading activity. Delek US Holdings, Inc., who is Director, most recently acquired $10,561 shares at $40.27 per share on Mar 18. In this transaction, the insider spent $425,291. Director, Delek US Holdings, Inc., disposed of 68 shares at a price of $40.09 on Mar 16. The insider now owns more than $2,726 worth of shares. Prior to that, Director Delek US Holdings, Inc. went on to Sale 11,224 shares at $40.15 each on Mar 15. An amount of $450,650 was transacted.

Valuation Metrics

Delek US Holdings Inc. (DK) has a trailing price-to-earnings (P/E) ratio of 5.68. The stock’s beta is 1.53. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.12, the price-to-book (PB) ratio at 1.59, and the price-to-cash flow ratio at 3.16.

Financial Health

The quick ratio of Delek US Holdings Inc. for the three months ended June 29 was 0.70, and the current ratio was 1.10, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.26 and a total debt to equity ratio of 2.32 for the quarter ending June 29. Its gross profit as reported stood at $171.8 million compared to revenue of $10.65 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Delek US Holdings Inc.’s return on assets was 4.50%.

Earnings Surprise

For the three-month period that ended June 29, Delek US Holdings Inc. had $2.75 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $361.8 million in the quarter, while revenues of $6.6 million were grew 122.42%. The analyst consensus anticipated Delek US Holdings Inc.’s latest quarter earnings to come in at $3.27 per share, but it turned out to be $4.4, a 34.60% surprise. For the quarter, EBITDA amounted to $561.3 million. Shareholders own equity worth $71.03 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Delek US Holdings Inc. (DK) price momentum. RSI 9-day as of the close on 22 September was 34.94%, suggesting the stock is Neutral, with historical volatility in this time frame at 59.38%.

As of today, DK’s price is $26.40 -3.59% or -$0.93 from its 5-day moving average. DK is currently trading -17.19% lower than its 20-day SMA and +1.01% higher than its 100-day SMA. However, the stock’s current price level is +13.93% above the SMA50 and +47.02% above the SMA200.

The stochastic %K and %D were 28.56% and 33.53%, respectively, and the average true range (ATR) was 1.72. With the 14-day stochastic at 9.95% and the average true range at 1.64, the RSI (14) stands at 39.47%. The stock has reached -0.54 on the 9-day MACD Oscillator while the 14-day reading was at -1.36.

Analyst Ratings

Wolfe Research upgraded Delek US Holdings Inc. (NYSE: DK) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a Peer perform. The consensus rating for Delek US Holdings Inc. (DK) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell DK, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 4 others rate it as a “buy”.

What is DK’s price target for the next 12 months?

Analysts predict a range of price targets between $23.00 and $49.00, with a median target of $34.00. Taking a look at these predictions, the average price target given by analysts for Delek US Holdings Inc. (DK) stock is $33.77.

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