Delek US Holdings Inc. (NYSE: DK) is 12.76% higher on its value in year-to-date trading and has touched a low of $7.79 and a high of $34.20 in the current 52-week trading range. The DK stock was last observed hovering at around $16.75 in the last trading session, with the day’s gains setting it 1.37% off its average median price target of $16.00 for the next 12 months. It is also 27.52% off the consensus price target high of $25.00 offered by 17 analysts, but current levels are -29.43% lower than the price target low of $14.00 for the same period.
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Currently trading at $18.12, the stock is 14.45% and 27.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 8.18% at the moment leaves the stock 14.22% off its SMA200. DK registered -45.97% loss for a year compared to 6-month loss of 6.78%. The firm has a 50-day simple moving average (SMA 50) of $6.66% and a 200-day simple moving average (SMA200) of $5.52M.
The stock witnessed a 11.51% gain in the last 1 month and extending the period to 3 months gives it a 49.50%, and is 18.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.76% over the week and 6.11% over the month.
Delek US Holdings Inc. (DK) has around 3814 employees, a market worth around $1.34B and $7.70B in sales. Profit margin for the company is -3.70%. Distance from 52-week low is 132.61% and -47.02% from its 52-week high. The company has generated returns on investments over the last 12 months (11.30%).
Delek US Holdings Inc. (DK) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Delek US Holdings Inc. (DK) is a “Hold”. 17 analysts offering their recommendations for the stock have an average rating of 2.80, where 9 rate it as a Hold and 2 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.
Delek US Holdings Inc. is expected to release its quarterly report on 05/10/2021 and quarterly earnings per share for the current quarter are estimated at -$1.2 with sales reaching $1.35B over the same period.The EPS is expected to shrink by -0.60% this year, but quarterly earnings will post -27.90% year-over-year. Quarterly sales are estimated to shrink -41.10% in year-over-year returns.
Delek US Holdings Inc. (DK) Top Institutional Holders
255 institutions hold shares in Delek US Holdings Inc. (DK), with 1.84M shares held by insiders accounting for 2.50% while institutional investors hold 109.26% of the company’s shares. The shares outstanding are 73.67M, and float is at 71.88M with Short Float at 6.83%. Institutions hold 106.53% of the Float.
The top institutional shareholder in the company is Icahn, Carl, C. with over 10.54 million shares valued at $117.31 million. The investor’s holdings represent 14.30% of the DK Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 7.06 million shares valued at $78.59 million to account for 9.58% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 7.01 million shares representing 9.51% and valued at over $78.02 million, while Wellington Management Company, LLP holds 7.57% of the shares totaling 5.58 million with a market value of $62.09 million.
Delek US Holdings Inc. (DK) Insider Activity
A total of 9 insider transactions have happened at Delek US Holdings Inc. (DK) in the last six months, with sales accounting for 8 and purchases happening 1 times. The most recent transaction is an insider purchase by Marcogliese Richard J, the company’s Director. SEC filings show that Marcogliese Richard J bought 11,000 shares of the company’s common stock on Dec 10 at a price of $16.92 per share for a total of $0.19 million. Following the purchase, the insider now owns 19246.0 shares.
Delek US Holdings Inc. disclosed in a document filed with the SEC on Nov 18 that FINNERTY WILLIAM J (Director) sold a total of 3,500 shares of the company’s common stock. The trade occurred on Nov 18 and was made at $13.58 per share for $47513.0. Following the transaction, the insider now directly holds 23500.0 shares of the DK stock.
Still, SEC filings show that on Mar 19, ICAHN CARL C (10% Owner) acquired 270,000 shares at an average price of $11.39 for $3.08 million. The insider now directly holds 10,539,880 shares of Delek US Holdings Inc. (DK).
Delek US Holdings Inc. (DK): Who are the competitors?
The company’s main competitors (and peers) include Valero Energy Corporation (VLO) that is trading -39.48% down over the past 12 months. HollyFrontier Corporation (HFC) is -46.89% down on the 1-year trading charts.