After finishing at $28.29 in the prior trading day, Delek US Holdings Inc (NYSE: DK) closed at $25.72, down -9.08%. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 2387269 shares were traded.
Ratios:
Our goal is to gain a better understanding of DK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.48. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 3.27 whereas as Long-Term Debt/Eq ratio is at 3.15.
On March 29, 2023, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $33 to $24.
On March 09, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $29.UBS initiated its Neutral rating on March 09, 2023, with a $29 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 12 when Wright Robert G. sold 2,123 shares for $28.50 per share. The transaction valued at 60,506 led to the insider holds 18,925 shares of the business.
Wright Robert G. sold 88 shares of DK for $2,508 on Feb 09. The SVP & Deputy CFO now owns 21,048 shares after completing the transaction at $28.50 per share. On Feb 08, another insider, Spiegel Reuven, who serves as the CFO of the company, sold 750 shares for $27.29 each. As a result, the insider received 20,468 and left with 24,780 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DK now has a Market Capitalization of 1.64B and an Enterprise Value of 3.54B. As of this moment, Delek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 117.18, and their Forward P/E ratio for the next fiscal year is 39.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1171.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 0.20 whereas that against EBITDA is 4.78.
Stock Price History:
Over the past 52 weeks, DK has reached a high of $31.22, while it has fallen to a 52-week low of $19.39. The 50-Day Moving Average of the stock is 26.57, while the 200-Day Moving Average is calculated to be 26.02.
Shares Statistics:
The stock has traded on average 893.19K shares per day over the past 3-months and 961.86k shares per day over the last 10 days, according to various share statistics. A total of 63.96M shares are outstanding, with a floating share count of 62.32M. Insiders hold about 2.52% of the company’s shares, while institutions hold 103.15% stake in the company. Shares short for DK as of Jan 31, 2024 were 7.65M with a Short Ratio of 8.57, compared to 7.74M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 11.97% and a Short% of Float of 13.97%.
Dividends & Splits
In the trailing 12 months, DK’s forward annual dividend rate was 0.89, compared to 0.93 this year. Against a Trailing Annual Dividend Yield of 3.16%, it implies a Forward Annual Dividend Yield of 3.46%. The stock’s 5-year Average Dividend Yield is 3.48.
Earnings Estimates
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of -$1.27 for the current quarter, with a high estimate of -$1.04 and a low estimate of -$1.59, while EPS last year was $0.88. The consensus estimate for the next quarter is -$0.12, with high estimates of $0.45 and low estimates of -$0.59.
Analysts are recommending an EPS of between $3.4 and $2.81 for the fiscal current year, implying an average EPS of $3.13. EPS for the following year is $1.14, with 14 analysts recommending between $2.68 and -$0.16.
Revenue Estimates
7 analysts predict $3.55B in revenue for the current quarter. It ranges from a high estimate of $4.52B to a low estimate of $2.85B. As of the current estimate, Delek US Holdings Inc’s year-ago sales were $4.48B, an estimated decrease of -20.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $3.08B, a decrease of -21.50% less than the figure of -$20.80% in the same quarter last year. There is a high estimate of $4.2B for the next quarter, whereas the lowest estimate is $2.6B.
A total of 8 analysts have provided revenue estimates for DK’s current fiscal year. The highest revenue estimate was $17.39B, while the lowest revenue estimate was $15.71B, resulting in an average revenue estimate of $16.51B. In the same quarter a year ago, actual revenue was $20.25B, down -18.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $13.73B in the next fiscal year. The high estimate is $18.27B and the low estimate is $10.6B. The average revenue growth estimate for next year is down -16.80% from the average revenue estimate for this year.
