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Delek US Holdings Inc (DK) Review – Making Smarter Decisions

Delek US Holdings Inc (NYSE: DK) is -31.63% lower on its value in year-to-date trading and has touched a low of $15.36 and a high of $33.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DK stock was last observed hovering at around $17.30 in the last trading session, with the day’s gains setting it 0.34%.

Currently trading at $17.64, the stock is 4.19% and -4.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 1.97% at the moment leaves the stock -27.09% off its SMA200. DK registered -32.52% loss for a year compared to 6-month loss of -37.00%. The firm has a 50-day simple moving average (SMA 50) of $18.5438 and a 200-day simple moving average (SMA200) of $24.233.

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The stock witnessed a -9.72% gain in the last 1 month and extending the period to 3 months gives it a -14.70%, and is 12.57% 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 5.09% over the week and 4.18% over the month.

Delek US Holdings Inc (DK) has around 3591 employees, a market worth around $1.14B and $13.74B in sales. Profit margin for the company is -2.27%. Distance from 52-week low is 14.84% and -47.50% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.78%).

Delek US Holdings Inc quarterly earnings per share for the current quarter are estimated at -1.62 with sales reaching $2.85B over the same period.The EPS is expected to shrink by -249.79% this year, but quarterly earnings will post -24.70% year-over-year. Quarterly sales are estimated to shrink -29.70% in year-over-year returns.

314.0 institutions hold shares in Delek US Holdings Inc (DK), with institutional investors hold 108.33% of the company’s shares. The shares outstanding are 63.96M, and float is at 62.94M with Short Float at 13.26%. Institutions hold 105.57% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 7.08 million shares valued at $175.2 million. The investor’s holdings represent 11.019 of the DK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.61 million shares valued at $163.71 million to account for 10.2964 of the shares outstanding. The other top investors are RIVER ROAD ASSET MANAGEMENT, LLC which holds 4.05 million shares representing 6.3138 and valued at over $100.38 million, while DIMENSIONAL FUND ADVISORS LP holds 6.2662 of the shares totaling 4.02 million with a market value of $99.63 million.

Delek US Holdings Inc (DK) Insider Activity

The most recent transaction is an insider purchase by Wright Robert G., the company’s SVP & Deputy CFO. SEC filings show that Wright Robert G. bought 948 shares of the company’s common stock on Apr 03 ’24 at a price of $23.73 per share for a total of $22499.0. Following the purchase, the insider now owns 18526.0 shares.

Delek US Holdings Inc disclosed in a document filed with the SEC on Aug 20 ’24 that Marcogliese Richard J (Director) bought a total of 530 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $20.48 per share for $10854.0. Following the transaction, the insider now directly holds 43393.0 shares of the DK stock.

Still, SEC filings show that on Aug 09 ’24, Soreq Avigal (President & CEO) acquired 5,651 shares at an average price of $20.42 for $0.12 million. The insider now directly holds 188,881 shares of Delek US Holdings Inc (DK).

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