In the last trading session, 1.23 million shares of the Delek US Holdings Inc (NYSE:DK) were traded, and its beta was 1.02. Most recently the company’s share price was $15.94, and it changed around -$0.15 or -0.93% from the last close, which brings the market valuation of the company to $986.15M. DK currently trades at a discount to its 52-week high of $33.60, offering almost -110.79% off that amount. The share price’s 52-week low was $13.40, which indicates that the current value has risen by an impressive 15.93% since then. We note from Delek US Holdings Inc’s average daily trading volume that its 10-day average is 1.65 million shares, with the 3-month average coming to 1.48 million.
Delek US Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.29. If we narrow it down even further, the data shows that 3 out of 14 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 8 recommended DK as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. Delek US Holdings Inc is expected to report earnings per share of -2.0 for the current quarter.
Delek US Holdings Inc (NYSE:DK) trade information
Instantly DK has showed a red trend with a performance of -0.93% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 17.76 on recent trading dayincreased the stock’s daily price by 10.25%. The company’s shares are currently down -13.84% year-to-date, but still down -2.03% over the last five days. On the other hand, Delek US Holdings Inc (NYSE:DK) is -2.75% down in the 30-day period. We can see from the shorts that 8.83 million shares have been sold at a short interest cover period of 6.05 day(s).
The consensus price target as assigned by Wall Street analysts is $15, which translates to bulls needing to decrease their stock price by -6.27% from its current value. Analyst projections state that DK is forecast to be at a low of $15 and a high of $15.
Delek US Holdings Inc (DK) estimates and forecasts
The year-over-year growth rate is expected to be -8.61%, down from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 2.56B in revenue for the current quarter. 6 analysts expect Delek US Holdings Inc to make 2.69B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.23B and 3.42B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -20.79%. Forecasts for the next quarter put sales growth at -21.34%.
DK Dividends
Delek US Holdings Inc’s next quarterly earnings report is expected to be released on 2025-Feb-24. The annual dividend yield of the stock is 6.37 percent and its annual dividend per share was 1.01. It is important to note, however, that the 6.37% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 3.48 per year.
Delek US Holdings Inc (NYSE:DK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.80% of Delek US Holdings Inc shares, and 115.26% of them are in the hands of institutional investors. The stock currently has a share float of 118.58%. Delek US Holdings Inc stock is held by 305.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 11.019% of the shares, which is about 7.08 million shares worth $175.2 million.
BLACKROCK INC., with 10.2964% or 6.61 million shares worth $163.71 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Victory Sycamore Small Company Opportunity Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.16 shares worth $34.43 million, making up 3.46% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.93 shares worth around $30.76 million, which represents about 3.09% of the total shares outstanding.
