Delek US Holdings Inc (NYSE:DK) price on current trading day, rose 13.51% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $13.11.
A look at the stock’s price movement, the close in the last trading session was $11.55, moving within a range at $11.08 and $13.27. The beta value (5-Year monthly) was 1.026. Turning to its 52-week performance, $32.69 and $11.02 were the 52-week high and 52-week low respectively. Overall, DK moved -4.86% over the past month.
Delek US Holdings Inc’s market cap currently stands at around $811.06 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24. The company has a Forward Dividend ratio of 1.01, with its dividend yield at 7.74%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.66B for the company’s revenue for the quarter, with a low and high estimate of 2.18B and 3.1B respectively. The average forecast suggests down to a -17.61% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 10.84B, representing a -8.58% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DK is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 1 recommend DK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 2 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DK’s current price about -13.17% and -19.15% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.47, while 7-day volatility ratio is 15.39% and 7.85% in the 30-day chart. Further, Delek US Holdings Inc (DK) has a beta value of 0.83, and an average true range (ATR) of 1.21. Analysts have given the company’s stock an average 52-week price target of $15, forecast between a low of $15 and high of $15. Looking at the price targets, the low is -14.42% off current price level while to achieve the yearly target high, price needs to move -14.42%. Nonetheless, investors will most likely welcome a -14.42% jump to $15 which is the analysts’ median price.
If we refocus on Delek US Holdings Inc (NYSE:DK), historical trading data shows that trading volumes averaged 1.67 over the past 10 days and 1.54 million over the past 3 months. The company’s latest data on shares outstanding shows there are 62.55 million shares.
The 2.87% of Delek US Holdings Inc’s shares are in the hands of company insiders while institutional holders own 112.91% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.4 million on 2025-03-14, giving us a short ratio of 4.61. The data shows that as of 2025-03-14 short interest in Delek US Holdings Inc (DK) stood at 2008.0000000000002 of shares outstanding, with shares short rising to 8.63 million registered in 2025-02-14. Current price change has pushed the stock -29.14% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DK stock continues to rise going into the next quarter.
