Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Delek Logistics Partners LP (NYSE: DKL) closed at $38.00 up 2.29% from its previous closing price of $37.15. In other words, the price has increased by $2.29 from its previous closing price. On the day, 0.56 million shares were traded. DKL stock price reached its highest trading level at $38.3 during the session, while it also had its lowest trading level at $34.59.
Ratios:
For a deeper understanding of Delek Logistics Partners LP’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 379.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 53.10 whereas as Long-Term Debt/Eq ratio is at 52.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on October 17, 2024, initiated with a Underperform rating and assigned the stock a target price of $36.
On August 28, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $44 to $45.
On April 19, 2024, Truist started tracking the stock assigning a Buy rating and target price of $46.Truist initiated its Buy rating on April 19, 2024, with a $46 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when Yemin Ezra Uzi bought 3,750 shares for $39.95 per share. The transaction valued at 149,805 led to the insider holds 162,217 shares of the business.
Soreq Avigal bought 375 shares of DKL for $14,880 on Dec 16 ’24. The President now owns 45,537 shares after completing the transaction at $39.68 per share. On Nov 14 ’24, another insider, Yemin Ezra Uzi, who serves as the Executive Chairman of the company, bought 710 shares for $38.72 each. As a result, the insider paid 27,500 and bolstered with 54,851 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, DKL now has a Market Capitalization of 2039364992 and an Enterprise Value of 4014940416. As of this moment, Delek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.69, and their Forward P/E ratio for the next fiscal year is 8.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 55.07. Its current Enterprise Value per Revenue stands at 4.268 whereas that against EBITDA is 13.518.
Stock Price History:
The Beta on a monthly basis for DKL is 0.79, which has changed by -0.008091867 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, DKL has reached a high of $45.71, while it has fallen to a 52-week low of $36.90. The 50-Day Moving Average of the stock is -9.39%, while the 200-Day Moving Average is calculated to be -7.37%.
Shares Statistics:
For the past three months, DKL has traded an average of 184.69K shares per day and 213240 over the past ten days. A total of 51.49M shares are outstanding, with a floating share count of 18.18M. Insiders hold about 66.12% of the company’s shares, while institutions hold 19.85% stake in the company. Shares short for DKL as of 1741910400 were 912461 with a Short Ratio of 4.94, compared to 1739491200 on 1087627. Therefore, it implies a Short% of Shares Outstanding of 912461 and a Short% of Float of 4.77.
Dividends & Splits
According to the company, the forward annual dividend rate for DKL is 4.37, from 4.365 in the trailing year. Against a Trailing Annual Dividend Yield of 0.117496625The stock’s 5-year Average Dividend Yield is 9.52.
