Delek US Holdings Inc (NYSE: DK) has a price-to-earnings ratio that is above its average at 129.34x. The stock has a 36-month beta value of 1.31. Opinions on the stock are mixed, 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 at present, short sellers hold a 13.34% of that float. On May 07, 2024, the average trading volume of DK was 1.08M shares.
DK) stock’s latest price update
The stock price of Delek US Holdings Inc (NYSE: DK) has surged by 6.37 when compared to previous closing price of 26.69, but the company has seen a 3.88% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-29 that We believe that one should keep a tab on stocks like General Motors (GM), CVR Energy (CVI), Delek US Holdings (DK), American Airlines (AAL) and Ford Motors (F).
DK’s Market Performance
Delek US Holdings Inc (DK) has experienced a 3.88% rise in stock performance for the past week, with a -12.30% drop in the past month, and a 6.49% rise in the past quarter. The volatility ratio for the week is 4.06%, and the volatility levels for the past 30 days are at 2.95% for DK. The simple moving average for the last 20 days is -3.44% for DK stock, with a simple moving average of 3.37% 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 -2.19% 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 -15.51% of loss for the given period.
Volatility was left at 2.95%, however, over the last 30 days, the volatility rate increased by 4.06%, as shares sank -12.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.65% lower at present.
During the last 5 trading sessions, DK rose by +0.77%, which changed the moving average for the period of 200-days by +7.66% in comparison to the 20-day moving average, which settled at $29.21. In addition, Delek US Holdings Inc saw 10.04% 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 0.22. 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 sum up, Delek US Holdings Inc (DK) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
