Stock Market Recap: Delek US Holdings Inc (DK) Concludes at 22.10, a -2.04 Surge/Decline

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After finishing at $22.56 in the prior trading day, Delek US Holdings Inc (NYSE: DK) closed at $22.10, down -2.04%. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 1.0 million shares were traded. DK stock price reached its highest trading level at $22.58 during the session, while it also had its lowest trading level at $21.875.

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 1.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 3.10 whereas as Long-Term Debt/Eq ratio is at 3.03.

On May 08, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $27 to $25.

TD Cowen reiterated its Market Perform rating for the stock on February 28, 2024, while the target price for the stock was revised from $23 to $24.

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 Jul 08 ’24 when Spiegel Reuven sold 750 shares for $23.55 per share. The transaction valued at 17,662 led to the insider holds 49,706 shares of the business.

Marcogliese Richard J bought 2,750 shares of DK for $65,972 on Jun 12 ’24. The Director now owns 42,863 shares after completing the transaction at $23.99 per share. On Jun 10 ’24, another insider, Spiegel Reuven, who serves as the CFO of the company, sold 750 shares for $24.14 each. As a result, the insider received 18,105 and left with 50,456 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 1446796416 and an Enterprise Value of 3527896832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 1.66. Its current Enterprise Value per Revenue stands at 0.217 whereas that against EBITDA is 6.236.

Stock Price History:

Over the past 52 weeks, DK has reached a high of $33.60, while it has fallen to a 52-week low of $22.16. The 50-Day Moving Average of the stock is -14.84%, while the 200-Day Moving Average is calculated to be -18.24%.

Shares Statistics:

The stock has traded on average 876.03K shares per day over the past 3-months and 780350 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 62.48M. Insiders hold about 2.58% of the company’s shares, while institutions hold 103.04% stake in the company. Shares short for DK as of 1718323200 were 6079035 with a Short Ratio of 6.94, compared to 1715731200 on 8258252. Therefore, it implies a Short% of Shares Outstanding of 6079035 and a Short% of Float of 12.32.

Dividends & Splits

In the trailing 12 months, DK’s forward annual dividend rate was 0.95, compared to 0.97 this year. Against a Trailing Annual Dividend Yield of 0.04210993The stock’s 5-year Average Dividend Yield is 3.48.

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