The stock of Delek US Holdings Inc (DK) has gone down by -3.69% for the week, with a 22.11% rise in the past month and a 28.83% rise in the past quarter. The volatility ratio for the week is 2.96%, and the volatility levels for the past 30 days are 3.24% for DK. The simple moving average for the past 20 days is 2.78% for DK’s stock, with a 17.18% simple moving average for the past 200 days.
Is It Worth Investing in Delek US Holdings Inc (NYSE: DK) Right Now?
The price-to-earnings ratio for Delek US Holdings Inc (NYSE: DK) is 143.92x, which is above its average ratio. Moreover, the 36-month beta value for DK is 1.33. Analysts have varying opinions 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 12.37% of that float. On April 12, 2024, DK’s average trading volume was 1.08M shares.
DK) stock’s latest price update
The stock of Delek US Holdings Inc (NYSE: DK) has increased by 0.38 when compared to last closing price of 31.47. Despite this, the company has experienced a -3.69% fall in its stock price over the last five trading sessions. Business Wire reported 2024-04-05 that BRENTWOOD, Tenn.–(BUSINESS WIRE)–Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced that the Company intends to issue a press release summarizing first quarter 2024 results before the U.S. stock market opens on Tuesday, May 7, 2024. A conference call to discuss these results is scheduled to begin at 10:00 a.m. CT (11:00 a.m. ET) on Tuesday, May 7, 2024. The live broadcast of this conference call will be available online by going to www.DelekUS.com and clicking on the investor rel.
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 10.89% 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 unable to rebound, for now settling with -5.98% of loss for the given period.
Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares surge +16.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.39% upper at present.
During the last 5 trading sessions, DK fell by -3.69%, which changed the moving average for the period of 200-days by +34.71% in comparison to the 20-day moving average, which settled at $30.96. In addition, Delek US Holdings Inc saw 22.44% 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 Spiegel Reuven, who sale 750 shares at the price of $33.10 back on Apr 08 ’24. After this action, Spiegel Reuven now owns 53,982 shares of Delek US Holdings Inc, valued at $24,825 using the latest closing price.
Tolson Laurie Z., the Director of Delek US Holdings Inc, sale 603 shares at $26.43 during a trade that took place back on Mar 12 ’24, which means that Tolson Laurie Z. is holding 10,530 shares at $15,937 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 0.23. 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 wrap up, the performance of Delek US Holdings Inc (DK) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
