While Delek US Holdings Inc has overperformed by 1.80%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DK rose by 23.75%, with highs and lows ranging from $31.22 to $19.39, whereas the simple moving average jumped by 5.51% in the last 200 days.
On February 28, 2024, TD Cowen Reiterated Delek US Holdings Inc (NYSE: DK) to Market Perform. A report published by Citigroup on January 24, 2024, Initiated its previous ‘Neutral’ rating for DK. Goldman also Downgraded DK shares as ‘Neutral’, setting a target price of $24 on the company’s shares in a report dated March 29, 2023. UBS Initiated an Neutral rating on March 09, 2023, and assigned a price target of $29. Piper Sandler January 20, 2023d its ‘Overweight’ rating to ‘Neutral’ for DK, as published in its report on January 20, 2023. Mizuho’s report from January 10, 2023 suggests a price prediction of $30 for DK shares, giving the stock a ‘Underperform’ rating. Wells Fargo also rated the stock as ‘Underweight’.
Analysis of Delek US Holdings Inc (DK)
DK currently pays a dividend of $0.95 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -9.60%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Delek US Holdings Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 2.21% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.63, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 982.57K can be a very valuable indicator of volatility for DK stock. On a monthly basis, the volatility of the stock is set at 3.83%, whereas on a weekly basis, it is put at 3.48%, with a gain of 6.30% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.57, showing decline from the present price of $27.67, which can serve as yet another indication of whether DK is worth investing in or should be passed over.
How Do You Analyze Delek US Holdings Inc Shares?
The USA based company Delek US Holdings Inc (DK) is one of the biggest names in Oil & Gas Refining & Marketing. When comparing Delek US Holdings Inc shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 126.06, there is a growth in quarterly earnings of -49.01%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.52%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 103.00% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DK shares are owned by institutional investors to the tune of 103.00% at present.
