The stock price of Delek US Holdings Inc (NYSE: DK) has surged by 0.44 when compared to previous closing price of 15.86, but the company has seen a -0.56% decline in its stock price over the last five trading sessions. zacks.com reported 2024-10-30 that Delek US Holdings (DK) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Delek US Holdings Inc (NYSE: DK) Right Now?
Moreover, the 36-month beta value for DK is 1.17. 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.”
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The public float for DK is 62.94M and currently, short sellers hold a 13.26% of that float. On November 06, 2024, DK’s average trading volume was 1.23M shares.
DK’s Market Performance
DK stock saw a decrease of -0.56% in the past week, with a monthly decline of -21.33% and a quarterly a decrease of -20.86%. The volatility ratio for the week is 3.88%, and the volatility levels for the last 30 days are 3.91% for Delek US Holdings Inc (DK). The simple moving average for the past 20 days is -6.92% for DK’s stock, with a -34.37% simple moving average for the past 200 days.
Analysts’ Opinion of DK
Many brokerage firms have already submitted their reports for DK stocks, with BofA Securities repeating the rating for DK by listing it as a “Underperform.” The predicted price for DK in the upcoming period, according to BofA Securities is $15 based on the research report published on October 17, 2024 of the current year 2024.
Mizuho, 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 $28. The rating they have provided for DK stocks is “Neutral” according to the report published on September 16th, 2024.
JP Morgan gave a rating of “Neutral” to DK, setting the target price at $26 in the report published on September 10th of the current year.
DK Trading at -14.34% 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 -52.59% of loss for the given period.
Volatility was left at 3.91%, however, over the last 30 days, the volatility rate increased by 3.88%, as shares sank -19.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.52% lower at present.
During the last 5 trading sessions, DK fell by -0.56%, which changed the moving average for the period of 200-days by -35.64% in comparison to the 20-day moving average, which settled at $17.11. In addition, Delek US Holdings Inc saw -38.26% 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 0.19. 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 wrap up, the performance of Delek US Holdings Inc (DK) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
