Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Delek US Holdings Inc (NYSE: DK) closed the day trading at $26.91 up 0.75% from the previous closing price of $26.71. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.67 million shares were traded. DK stock price reached its highest trading level at $27.28 during the session, while it also had its lowest trading level at $26.51.
Ratios:
For a better understanding of DK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.83. 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.
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, TD Cowen on February 28, 2024, Reiterated its Market Perform rating but revised its target price to $24 from $23 previously.
Goldman Downgraded its Buy to Neutral on March 29, 2023, whereas the target price for the stock was revised from $33 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 Apr 08 ’24 when Spiegel Reuven sold 750 shares for $33.10 per share. The transaction valued at 24,825 led to the insider holds 53,982 shares of the business.
Tolson Laurie Z. sold 603 shares of DK for $15,937 on Mar 12 ’24. The Director now owns 10,530 shares after completing the transaction at $26.43 per share. On Mar 08 ’24, another insider, Spiegel Reuven, who serves as the CFO of the company, sold 750 shares for $26.01 each. As a result, the insider received 19,508 and left with 55,161 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 1722759296 and an Enterprise Value of 4004658432. As of this moment, Delek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 122.60, and their Forward P/E ratio for the next fiscal year is 17.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1225.97. 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 2.04. Its current Enterprise Value per Revenue stands at 0.237 whereas that against EBITDA is 6.031.
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 $19.39. The 50-Day Moving Average of the stock is -7.43%, while the 200-Day Moving Average is calculated to be -1.94%.
Shares Statistics:
Over the past 3-months, DK traded about 1.08M shares per day on average, while over the past 10 days, DK traded about 846810 shares per day. A total of 63.96M shares are outstanding, with a floating share count of 62.23M. Insiders hold about 2.79% of the company’s shares, while institutions hold 103.91% stake in the company. Shares short for DK as of 1713139200 were 8302128 with a Short Ratio of 7.71, compared to 1710460800 on 8062840. Therefore, it implies a Short% of Shares Outstanding of 8302128 and a Short% of Float of 16.860001.
Dividends & Splits
DK’s forward annual dividend rate is 0.95, up from 0.925 a year ago. Against a Trailing Annual Dividend Yield of 0.034631226The stock’s 5-year Average Dividend Yield is 3.48.
