DK has 36-month beta value of 1.12. 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 62.88M, and currently, short sellers hold a 13.11% ratio of that float. The average trading volume of DK on October 09, 2024 was 1.19M shares.
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DK) stock’s latest price update
The stock of Delek US Holdings Inc (NYSE: DK) has decreased by -0.00 when compared to last closing price of 19.67. Despite this, the company has experienced a 5.30% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-10-01 that BRENTWOOD, Tenn.–(BUSINESS WIRE)–Delek US Holdings, Inc. (NYSE:DK) (“Delek”) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries that operate Delek’s retail business (“Delek US Retail”) to a subsidiary of FEMSA (NYSE:FMX) for cash consideration of approximately $385 million, including the purchase of inventories. Avigal Soreq, President, and Chief Executive Officer of Delek, said, “The completion of the sale of Delek US Retail.
DK’s Market Performance
Delek US Holdings Inc (DK) has seen a 5.30% rise in stock performance for the week, with a 1.65% gain in the past month and a -13.69% plunge in the past quarter. The volatility ratio for the week is 5.00%, and the volatility levels for the past 30 days are at 3.97% for DK. The simple moving average for the past 20 days is 0.90% for DK’s stock, with a -21.58% simple moving average for the past 200 days.
Analysts’ Opinion of DK
Many brokerage firms have already submitted their reports for DK stocks, with Mizuho repeating the rating for DK by listing it as a “Neutral.” The predicted price for DK in the upcoming period, according to Mizuho is $26 based on the research report published on September 16, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see DK reach a price target of $26, previously predicting the price at $23. The rating they have provided for DK stocks is “Neutral” according to the report published on September 10th, 2024.
TD Cowen gave a rating of “Sell” to DK, setting the target price at $18 in the report published on August 08th of the current year.
DK Trading at -2.59% 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 -41.46% of loss for the given period.
Volatility was left at 3.97%, however, over the last 30 days, the volatility rate increased by 5.00%, as shares surge +4.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.86% lower at present.
During the last 5 trading sessions, DK rose by +5.14%, which changed the moving average for the period of 200-days by -25.80% in comparison to the 20-day moving average, which settled at $19.49. In addition, Delek US Holdings Inc saw -23.76% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DK starting from Wright Robert G., who purchase 948 shares at the price of $23.73 back on Apr 03 ’24. After this action, Wright Robert G. now owns 18,526 shares of Delek US Holdings Inc, valued at $22,499 using the latest closing price.
Marcogliese Richard J, the Director of Delek US Holdings Inc, purchase 530 shares at $20.48 during a trade that took place back on Aug 20 ’24, which means that Marcogliese Richard J is holding 43,393 shares at $10,854 based on the most recent closing price.
Stock Fundamentals for DK
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.03 for the gross margin
The net margin for Delek US Holdings Inc stands at -0.01. The total capital return value is set at 0.04. Equity return is now at value -12.13, with -1.44 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 0.26. The debt to equity ratio resting at 3.12. The interest coverage ratio of the stock is 0.56.
Currently, EBITDA for the company is 734.6 million with net debt to EBITDA at 3.79. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 19.82for trailing twelve months and the total asset turnover is 2.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To put it simply, Delek US Holdings Inc (DK) has had a mixed 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’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.
