Delek US Holdings, Inc. (NYSE:DK) has a beta value of 2.13 and has seen 965,272 shares traded in the last trading session. The company, currently valued at $968.02 Million, closed the last trade at $13.13 per share which meant it lost -$0.46 on the day or -3.38% during that session. The DK stock price is -184.31% off its 52-week high price of $37.33 and 40.67% above the 52-week low of $7.79. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.3 Million shares traded. The 3-month trading volume is 1.36 Million shares.
Delek US Holdings, Inc. (NYSE:DK) trade information
Despite being -3.38% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Monday, Nov 16 when the DK stock price touched $15.19- or saw a rise of 13.56%. Year-to-date, Delek US Holdings, Inc. shares have moved -60.84%, while the 5-day performance has seen it change -4.58%. Over the past 30 days, the shares of Delek US Holdings, Inc. (NYSE:DK) have changed 24.1%. Short interest in the company has seen 6.78 Million shares shorted with days to cover at 4.99.
Delek US Holdings, Inc. (DK) estimates and forecasts
Figures show that Delek US Holdings, Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -38.27% over the past 6 months, with this year growth rate of -210.91%, compared to -10.7% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -909.1% and 55.2% for the next quarter. Revenue growth from the last financial year stood is estimated to be -27.3%.
4 analysts offering their estimates for the company have set an average revenue estimate of $1.38 Billion for the current quarter. 3 have an estimated revenue figure of $1.35 Billion for the next quarter concluding in March 01, 2021. Year-ago sales stood $2.28 Billion and $1.82 Billion respectively for this quarter and the next, and analysts expect sales will grow by -39.6% for the current quarter and -26.1% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +3.6% over the past 5 years. Earnings growth for 2020 is a modest -0.6%.
Delek US Holdings, Inc. (NYSE:DK)’s Major holders
Insiders own 2.49% of the company shares, while shares held by institutions stand at 106.47% with a share float percentage of 109.19%. Investors are also buoyed by the number of investors in a company, with Delek US Holdings, Inc. having a total of 256 institutions that hold shares in the company. The top two institutional holders are Icahn, Carl, C. with over 10.54 Million shares worth more than $117.31 Million. As of September 29, 2020, Icahn, Carl, C. held 14.3% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 7.06 Million shares as of September 29, 2020. The firm’s total holdings are worth over $78.59 Million and represent 9.58% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Victory Portfolios-Sycamore Small Company Opportunity Fund. As of June 29, 2020, the former fund manager holds about 2.87% shares in the company for having 2117581 shares of worth $36.87 Million while later fund manager owns 1.89 Million shares of worth $33.04 Million as of July 30, 2020, which makes it owner of about 2.56% of company’s outstanding stock.