Delek US Holdings Inc. [DK] stock is down -3.23 while the S&P 500 has fallen -0.48% on Tuesday, 11/17/20. While at the time of this article, DK ATR is sitting at 1.08, with the beta value at 2.13. This stock’s volatility for the past week remained at 7.66%, while it was 8.00% for the past 30-day period. DK has fallen -$0.48 from the previous closing price of $14.86 on volume of 1.94 million shares.

On 4, November 2020, Delek Logistics Partners, LP Reports Third Quarter 2020 Results. According to news published on Yahoo Finance, – Reported third quarter net income attributable to all partners of $46.3 million ; represents a 52% increase y/y.

Analyst Birdseye View:

The most recent analyst activity for Delek US Holdings Inc. [NYSE:DK] stock was on July 09, 2020, when it was Upgrade with a Hold rating from Tudor Pickering, which also raised its 12-month price target on the stock to $17. Before that, on August 06, 2020, Scotiabank Recapitulated a Sector underperform rating and elevated its amount target to $14. On May 20, 2020, Goldman Upgrade a Neutral rating and boosted its price target on this stock from $21 to $22. On May 13, 2020, Tudor Pickering Downgrade a Sell rating. On April 14, 2020, Cowen Reiterated a Market perform rating and decreased its price target to $20. On March 24, 2020, Raymond James Downgrade an Outperform rating. On March 09, 2020, Credit Suisse Downgrade a Neutral rating and boosted its target amount on this stock to $26. On January 14, 2020, Barclays Initiated an Equal weight rating and amplified its amount target to $33.

In the past 52 weeks of trading, this stock has oscillated between a low of $7.79 and a peak of $37.33. Right now, according to Wall Street analyst the average 12-month amount target is $13.85. At the most recent market close, shares of Delek US Holdings Inc. [NYSE:DK] were valued at $14.38. According to the average price forecast, investors can expect a potential return of -6.0%.

FUNDAMENTAL ANALYSIS

Delek US Holdings Inc. [NYSE:DK] most recently reported quarterly sales of 2.06 billion, which represented growth of -11.60%. This company’s Gross Margin is currently 10.50% and its Operating Margin is -4.70%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 13.93 points at 1st support level, the second support level is making up to 13.49. But as of 1st resistance point, this stock is sitting at 14.67 and at 14.97 for 2nd resistance point.

Delek US Holdings Inc. [DK] reported its earnings at -$1.01 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$1.38/share signifying the difference of 0.37 and 26.80% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$1.5 calling estimates for -$0.51/share with the difference of -0.99 depicting the surprise of -194.10%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Delek US Holdings Inc. [NYSE:DK] is 1.40.

Insider Stories

The most recent insider trade was by ICAHN CARL C, 10% Owner, and it was the purchase of 0.27 million shares on Mar 19. ICAHN CARL C, the 10% Owner, completed a purchase of 0.84 million shares on Mar 18. On Mar 11, Delek US Holdings, Inc., 10% Owner, completed a purchase of 0.45 million shares.