Wall Street predicts Delek US Holdings Inc (DK) stock to surge by 12.99%

Delek US Holdings Inc [DK] stock prices are down -0.05% to $20.25 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DK shares have gain 8.00% over the last week, with a monthly amount glided 3.74%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Delek US Holdings Inc [NYSE: DK] stock has seen the most recent analyst activity on September 16, 2024, when Mizuho upgraded its rating to a Neutral and also revised its price target to $26 from $28. Previously, JP Morgan upgraded its rating to Neutral on September 10, 2024, and elevated its price target to $26. On August 08, 2024, TD Cowen reiterated its Sell rating and revised its price target to $18 on the stock. TD Cowen downgraded its rating to a Sell but $20 remained the price target by the analyst firm on June 10, 2024. TD Cowen reiterated a Hold rating for this stock on May 08, 2024, and downed its price target to $25. In a note dated February 28, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $23 to $24.

The stock price of Delek US Holdings Inc [DK] has been fluctuating between $18.25 and $33.60 over the past year. Currently, Wall Street analysts expect the stock to reach $22.88 within the next 12 months. Delek US Holdings Inc [NYSE: DK] shares were valued at $20.25 at the most recent close of the market. An investor can expect a potential return of 12.99% based on the average DK price forecast.

Analyzing the DK fundamentals

The Delek US Holdings Inc [NYSE:DK] reported sales of 15.45B for trailing twelve months, representing a drop of -18.45%. Gross Profit Margin for this corporation currently stands at 0.03% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.12 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.12.

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 20.07 points at the first support level, and at 19.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.55, and for the 2nd resistance point, it is at 20.86.

Ratios To Look Out For

It’s worth pointing out that Delek US Holdings Inc [NYSE:DK]’s Current Ratio is 0.98. Also, the Quick Ratio is 0.58, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 0.08, the price to book ratio is 1.62.

Transactions by insiders

Recent insider trading involved Wright Robert G., SVP & Deputy CFO, that happened on Apr 03 ’24 when 948.0 shares were purchased. Director, Marcogliese Richard J completed a deal on Aug 20 ’24 to buy 530.0 shares. Meanwhile, President & CEO Soreq Avigal bought 5651.0 shares on Aug 09 ’24.

Related Posts