Delek US Holdings Inc (NYSE: DK)’s stock price has increased by 2.81 compared to its previous closing price of 31.61. However, the company has seen a 6.35% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-28 that Delek US Holdings (DK) reported earnings 30 days ago. What’s next for the stock?
Is It Worth Investing in Delek US Holdings Inc (NYSE: DK) Right Now?
Delek US Holdings Inc (NYSE: DK) has a higher price-to-earnings ratio of 148.06x compared to its average ratio. DK has 36-month beta value of 1.33. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for DK is 62.23M, and currently, short sellers hold a 12.96% ratio of that float. The average trading volume of DK on April 03, 2024 was 1.05M shares.
DK’s Market Performance
DK stock saw an increase of 6.35% in the past week, with a monthly gain of 26.75% and a quarterly increase of 23.25%. The volatility ratio for the week is 3.09%, and the volatility levels for the last 30 days are 3.29% for Delek US Holdings Inc (DK). The simple moving average for the last 20 days is 12.69% for DK stock, with a simple moving average of 21.75% for the last 200 days.
Analysts’ Opinion of DK
Many brokerage firms have already submitted their reports for DK stocks, with TD Cowen repeating the rating for DK by listing it as a “Market Perform.” The predicted price for DK in the upcoming period, according to TD Cowen is $24 based on the research report published on February 28, 2024 of the current year 2024.
Goldman gave a rating of “Neutral” to DK, setting the target price at $24 in the report published on March 29th of the previous year.
DK Trading at 17.33% from the 50-Day Moving Average
After a stumble in the market that brought DK to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.56% of gains for the given period.
Volatility was left at 3.29%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares surge +27.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.48% upper at present.
During the last 5 trading sessions, DK rose by +5.68%, which changed the moving average for the period of 200-days by +36.61% in comparison to the 20-day moving average, which settled at $29.19. In addition, Delek US Holdings Inc saw 25.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DK starting from Tolson Laurie Z., who sale 603 shares at the price of $26.43 back on Mar 12 ’24. After this action, Tolson Laurie Z. now owns 10,530 shares of Delek US Holdings Inc, valued at $15,937 using the latest closing price.
Spiegel Reuven, the CFO of Delek US Holdings Inc, sale 750 shares at $26.01 during a trade that took place back on Mar 08 ’24, which means that Spiegel Reuven is holding 55,161 shares at $19,508 based on the most recent closing price.
Stock Fundamentals for DK
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.04 for the gross margin
The net margin for Delek US Holdings Inc stands at 0.0. The total capital return value is set at 0.07. Equity return is now at value 2.21, with 0.26 for asset returns.
Based on Delek US Holdings Inc (DK), the company’s capital structure generated 0.76 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 3.14. The interest coverage ratio of the stock is 0.94.
Currently, EBITDA for the company is 734.6 million with net debt to EBITDA at 4.03. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 21.17for trailing twelve months and the total asset turnover is 2.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
To put it simply, Delek US Holdings Inc (DK) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
