Shares of Delek US Holdings, Inc. (NYSE:DK) have earned an average rating of “Hold” from the twenty analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, fifteen have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $23.59.
A number of equities research analysts have issued reports on DK shares. BidaskClub lowered shares of Delek US Holdings from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 16th. Goldman Sachs Group, Inc. (The) raised shares of Delek US Holdings from a “neutral” rating to a “buy” rating and raised their price target for the stock from $26.00 to $30.00 in a report on Tuesday, May 16th. Citigroup Inc. reissued a “buy” rating and issued a $29.00 price target (down previously from $32.00) on shares of Delek US Holdings in a report on Saturday, April 22nd. Royal Bank Of Canada reissued a “buy” rating and issued a $32.00 price target on shares of Delek US Holdings in a report on Thursday, April 20th. Finally, Zacks Investment Research raised shares of Delek US Holdings from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Friday, July 21st.
In related news, CFO Assi Ginzburg sold 20,000 shares of Delek US Holdings stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $26.00, for a total transaction of $520,000.00. Following the completion of the transaction, the chief financial officer now directly owns 103,367 shares of the company’s stock, valued at approximately $2,687,542. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jared Serff sold 1,136 shares of Delek US Holdings stock in a transaction dated Friday, June 30th. The stock was sold at an average price of $26.80, for a total transaction of $30,444.80. Following the completion of the transaction, the insider now directly owns 13,683 shares of the company’s stock, valued at $366,704.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 238,345 shares of company stock valued at $6,072,096. 1.42% of the stock is currently owned by corporate insiders.
COPYRIGHT VIOLATION WARNING: “Delek US Holdings, Inc. (DK) Given Average Recommendation of “Hold” by Analysts” was posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://www.com-unik.info/2017/08/19/delek-us-holdings-inc-dk-receives-23-14-consensus-target-price-from-brokerages-updated-updated-updated.html.
Delek US Holdings (NYSE:DK) opened at 22.20 on Friday. The firm’s market cap is $1.38 billion. Delek US Holdings has a 52-week low of $14.76 and a 52-week high of $27.85. The company’s 50 day moving average price is $25.93 and its 200 day moving average price is $24.58.
Delek US Holdings (NYSE:DK) last announced its quarterly earnings results on Wednesday, August 2nd. The oil and gas company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by $0.37. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $944.29 million. Delek US Holdings had a negative return on equity of 4.60% and a negative net margin of 3.15%. Delek US Holdings’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the business earned ($0.08) EPS. Analysts predict that Delek US Holdings will post ($0.27) earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 13th. Investors of record on Wednesday, August 23rd will be given a dividend of $0.15 per share. The ex-dividend date is Monday, August 21st. This represents a $0.60 dividend on an annualized basis and a yield of 2.70%. Delek US Holdings’s dividend payout ratio (DPR) is currently -25.86%.
About Delek US Holdings
Delek US Holdings, Inc is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.
What are top analysts saying about Delek US Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Delek US Holdings Inc. and related companies.