In the last trading session, 1.89 million Delek US Holdings Inc (NYSE:DK) shares changed hands as the company’s beta touched 1.01. With the company’s per share price at $16.27 changed hands at $0.26 or 1.62% during last session, the market valuation stood at $1.02B. DK’s last price was a discount, traded about -106.52% off its 52-week high of $33.60. The share price had its 52-week low at $13.40, which suggests the last value was 17.64% up since then. When we look at Delek US Holdings Inc’s average trading volume, we note the 10-day average is 1.91 million shares, with the 3-month average coming to 1.44 million.
Analysts gave the Delek US Holdings Inc (DK) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.29. If we narrow down to specifics, the data shows that 2 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended DK as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Delek US Holdings Inc’s EPS for the current quarter is expected to be -1.99.
Delek US Holdings Inc (NYSE:DK) trade information
Instantly DK was in green as seen at the end of in last trading. With action 18.07%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -12.05%, with the 5-day performance at 18.07% in the green. However, in the 30-day time frame, Delek US Holdings Inc (NYSE:DK) is -10.85% down. Looking at the short shares, we see there were 8.83 million shares sold at short interest cover period of 6.05 days.
The consensus price target for the stock as assigned by Wall Street analysts is 15, meaning bulls need a downside of -8.47% from its current market value. According to analyst projections, DK’s forecast low is 15 with 15 as the target high. To hit the forecast high, the stock’s price needs a 7.81% surge from its current level, while the stock would need to tank 7.81% for it to hit the projected low.
Delek US Holdings Inc (DK) estimates and forecasts
Year-over-year growth is forecast to reach -8.61% down from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 2.56B. 6 analysts are of the opinion that Delek US Holdings Inc’s revenue for the current quarter will be 2.69B. The company’s revenue for the corresponding quarters a year ago was 3.23B and 3.42B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -20.79%. The estimates for the next quarter sales put growth at -21.34%.
The 2025 estimates are for Delek US Holdings Inc earnings to increase by 25.37%.
DK Dividends
Delek US Holdings Inc is expected to release its next quarterly earnings report on 2025-Feb-24. The 6.24% annual yield figure for the share gives it an annual dividend of 1.01. It is important to note, however, that the 6.24% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 3.48 per year.
Delek US Holdings Inc (NYSE:DK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.23% of Delek US Holdings Inc shares while 114.07% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 117.87%. There are 114.07% institutions holding the Delek US Holdings Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.019% of the shares, roughly 7.08 million DK shares worth $175.2 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.2964% or 6.61 million shares worth $163.71 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Victory Portfolios-Sycamore Small Company Opportunity Fund and Vanguard Total Stock Market Index Fund . With 2.16 shares estimated at $35.14 million under it, the former controlled 3.46% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.09% of the shares, roughly 1.93 shares worth around $31.4 million.
