Delek US Holdings Inc (DK) Shares on the Rise: Short-term Analysis

Delek US Holdings Inc [DK] stock is trading at $31.61, up 2.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DK shares have gain 3.13% over the last week, with a monthly amount glided 22.28%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Delek US Holdings Inc [NYSE: DK] stock has seen the most recent analyst activity on February 28, 2024, when TD Cowen reiterated its Market Perform rating and also boosted its price target to $24 from $23. On March 29, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $24 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $29 on March 09, 2023. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $32 on January 20, 2023. Mizuho downgraded its rating to Underperform for this stock on January 10, 2023, and upped its price target to $30. In a note dated January 05, 2023, Wells Fargo downgraded an Underweight rating on this stock and revised its target price from $40 to $24.

Delek US Holdings Inc [DK] stock has fluctuated between $19.39 and $31.44 over the past year. Currently, Wall Street analysts expect the stock to reach $27.2 within the next 12 months. Delek US Holdings Inc [NYSE: DK] shares were valued at $31.61 at the most recent close of the market. An investor can expect a potential drop of -13.95% based on the average DK price forecast.

Analyzing the DK fundamentals

Delek US Holdings Inc [NYSE:DK] reported sales of 16.92B for the trailing twelve months, which represents a drop of -9.60%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.02 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.14.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 30.84 points at the first support level, and at 30.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.03, and for the 2nd resistance point, it is at 32.46.

Ratios To Look Out For

For context, Delek US Holdings Inc’s Current Ratio is 0.99. As well, the Quick Ratio is 0.63, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 0.12, the price to book ratio is 2.39 and price to earnings (TTM) ratio is 144.01.

Transactions by insiders

Recent insider trading involved Tolson Laurie Z., Director, that happened on Mar 12 ’24 when 603.0 shares were sold. CFO, Spiegel Reuven completed a deal on Mar 08 ’24 to sell 750.0 shares. Meanwhile, SVP & Deputy CFO Wright Robert G. sold 2123.0 shares on Feb 12 ’24.

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