Delek US Holdings Inc (NYSE: DK) Stock: More Upside Ahead?

In the last trading session, 1.72 million Delek US Holdings Inc (NYSE:DK) shares changed hands as the company’s beta touched 0.95. With the company’s per share price at $18.63 changed hands at -$0.22 or -1.17% during last session, the market valuation stood at $1.13B. DK’s last price was a discount, traded about -55.18% off its 52-week high of $28.91. The share price had its 52-week low at $11.02, which suggests the last value was 40.85% up since then.

Analysts gave the Delek US Holdings Inc (DK) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.14. 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 -0.72.

Delek US Holdings Inc (NYSE:DK) trade information

Instantly DK was in red as seen at the end of in last trading. With action 14.08%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 0.70%, with the 5-day performance at 14.08% in the green. However, in the 30-day time frame, Delek US Holdings Inc (NYSE:DK) is 44.53% up.

The consensus price target for the stock as assigned by Wall Street analysts is 22, meaning bulls need an upside of 15.32% from its current market value. According to analyst projections, DK’s forecast low is 15 with 27 as the target high. To hit the forecast high, the stock’s price needs a -44.93% plunge from its current level, while the stock would need to tank 19.48% for it to hit the projected low.

Delek US Holdings Inc (DK) estimates and forecasts

Year-over-year growth is forecast to reach -13.56% 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 2.59B. 6 analysts are of the opinion that Delek US Holdings Inc’s revenue for the current quarter will be 2.5B. The company’s revenue for the corresponding quarters a year ago was 3.42B and 3.04B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -24.17%. The estimates for the next quarter sales put growth at -17.79%.

The 2025 estimates are for Delek US Holdings Inc earnings to increase by 8.21%, but the outlook for the next 5-year period is at 32.16% per year.

DK Dividends

Delek US Holdings Inc is expected to release its next quarterly earnings report in June. The 5.48% annual yield figure for the share gives it an annual dividend of 1.02. It is important to note, however, that the 5.48% 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.

Delek US Holdings Inc (NYSE:DK)’s Major holders

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-Victory Sycamore Small Company Opportunity Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 2.16 shares estimated at $40.24 million under it, the former controlled 3.56% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.18% of the shares, roughly 1.93 shares worth around $35.95 million.