Delek Logistics Partners LP [DKL] stock is trading at $41.29, up 4.66%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DKL shares have gain 5.95% over the last week, with a monthly amount glided 1.28%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Delek Logistics Partners LP [NYSE: DKL] stock has seen the most recent analyst activity on August 28, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $45 from $44. Previously, Truist started tracking the stock with Buy rating on April 19, 2024, and set its price target to $46. On March 19, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $45 on the stock. Citigroup upgraded its rating to a Neutral and decreased its price target to $45 on September 08, 2023. Citigroup downgraded its rating to a Sell but $47 remained the price target by the analyst firm on June 28, 2023. Citigroup started tracking with a Neutral rating for this stock on December 09, 2022, and assigned it a price target of $48. In a note dated April 21, 2020, Credit Suisse upgraded an Neutral rating on this stock but restated the target price of $12.
Delek Logistics Partners LP [DKL] stock has fluctuated between $37.02 and $53.80 over the past year. Currently, Wall Street analysts expect the stock to reach $40 within the next 12 months. Delek Logistics Partners LP [NYSE: DKL] shares were valued at $41.29 at the most recent close of the market. An investor can expect a potential drop of -3.12% based on the average DKL price forecast.
Analyzing the DKL fundamentals
Delek Logistics Partners LP [NYSE:DKL] reported sales of 1.05B for the trailing twelve months, which represents a growth of 7.18%. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is -1.32 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-30.65.
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 39.89 points at the first support level, and at 38.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.32, and for the 2nd resistance point, it is at 43.36.
Ratios To Look Out For
For context, Delek Logistics Partners LP’s Current Ratio is 1.38. In addition, the Quick Ratio stands at 1.35 and the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 1.86 and price to earnings (TTM) ratio is 14.19.
Transactions by insiders
Recent insider trading involved Spiegel Reuven, EVP/CFO, that happened on Aug 22 ’24 when 3885.0 shares were purchased. Director, Brillon Sherri Anne completed a deal on Aug 19 ’24 to buy 2000.0 shares. Meanwhile, EVP/CFO Spiegel Reuven sold 350.0 shares on Dec 08 ’23.
