Delek US Holdings Inc (NYSE: DK) closed the day trading at $24.67 down -4.08% from the previous closing price of $25.72. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 1948672 shares were traded. DK stock price reached its highest trading level at $25.94 during the session, while it also had its lowest trading level at $24.53.
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 1.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.14. 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 Feb-29-24, 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 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 1.58B and an Enterprise Value of 3.52B. As of this moment, Delek’s Price-to-Earnings (P/E) ratio for their current fiscal year is 112.39, and their Forward P/E ratio for the next fiscal year is 39.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1123.92. 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 1.87. Its current Enterprise Value per Revenue stands at 0.21 whereas that against EBITDA is 9.52.
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 26.56, while the 200-Day Moving Average is calculated to be 26.04.
Shares Statistics:
Over the past 3-months, DK traded about 918.60K shares per day on average, while over the past 10 days, DK traded about 1.11M shares per day. 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 Feb 15, 2024 were 7.36M with a Short Ratio of 8.01, compared to 7.79M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.51% and a Short% of Float of 13.44%.
Dividends & Splits
DK’s forward annual dividend rate is 0.93, up from 0.93 a year ago. Against a Trailing Annual Dividend Yield of 3.60%, it implies a Forward Annual Dividend Yield of 3.81%. The stock’s 5-year Average Dividend Yield is 3.48.
Earnings Estimates
Current recommendations for the stock of the company come from 14 analysts. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of $0.45 and a low estimate of -$0.6, while EPS last year was $1.37. The consensus estimate for the next quarter is $0.86, with high estimates of $1.46 and low estimates of $0.29.
Analysts are recommending an EPS of between $2.68 and -$0.16 for the fiscal current year, implying an average EPS of $1.16. EPS for the following year is $0.65, with 11 analysts recommending between $2.35 and -$0.82.
Revenue Estimates
6 analysts predict $3.09B in revenue for the current quarter. It ranges from a high estimate of $4.2B to a low estimate of $2.65B. As of the current estimate, Delek US Holdings Inc’s year-ago sales were $3.92B, an estimated decrease of -21.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $3.18B, a decrease of -2.30% over than the figure of -$21.30% in the same quarter last year. There is a high estimate of $4.12B for the next quarter, whereas the lowest estimate is $2.78B.
A total of 8 analysts have provided revenue estimates for DK’s current fiscal year. The highest revenue estimate was $18.27B, while the lowest revenue estimate was $10.6B, resulting in an average revenue estimate of $13.74B. In the same quarter a year ago, actual revenue was $16.92B, down -18.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $13.37B in the next fiscal year. The high estimate is $18.32B and the low estimate is $10.09B. The average revenue growth estimate for next year is down -2.70% from the average revenue estimate for this year.
