Is Delek US Holdings Inc (NYSE: DK) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Delek US Holdings’ Big Spring Refinery Selected by the Department of Energy for Carbon Capture Project.

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Stocks Info

This NYSE-listed company operates within the Oil & Gas Refining & Marketing industry segment, falling under the Energy sector. At the end of the last regular session, the stock closed at $27.31 and fluctuated between $27.67 as its day high and $26.63 as its day low. The current market capitalization of Delek US Holdings Inc is $1.75B. A total of 0.75 million shares were traded on the day, compared to an average of 993.42K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, DK has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 750 shares. Over the last 12 months, there were 21 BUYs and 17 SELLs from insiders. Insiders purchased 197,203 shares during that period but sold 32,758.

In the most recent transaction, Spiegel Reuven sold 750 shares of DK for 25.76 per share on Jan 08. After the transaction, the CFO now owns 25,530 company shares. In a previous transaction on Dec 14, Tolson Laurie Z. sold 1,207 shares at 26.75 per share. DK shares that Director owns now total 11,133.

Among the insiders who sold shares, Spiegel Reuven disposed of 750 shares on Dec 08 at a per-share price of $25.82. This resulted in the CFO holding 28,270 shares of DK after the transaction. In another insider transaction, Spiegel Reuven sold 750 shares at $26.25 per share on Nov 08. Company shares held by the CFO now total 30,146.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Delek US Holdings Inc pays an annual dividend of $0.92, resulting in a dividend yield of 3.35%, and it has a price to earnings (P/E) ratio of 25.61. DK’s most recent ex-dividend date was 11/10/2023 when it declared a $0.24 quarterly dividend that was paid in cash on 11/20/2023. Previously, the company paid the dividend on 8/21/2023 with an ex-dividend date of 8/11/2023. The DK stock dividend was $0.2350 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for DK in the last 3 months, the mean price target is $28.36 with high estimates of $58.00 and low estimates of $19.00. In terms of 52-week highs and lows, DK has a high of $31.22 and a low of $19.39.

As of this writing, DK has an earnings estimate of -$1.11 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.02 per share and a lower estimate of -$1.59. The company reported an EPS of $1 in the last quarter, which was 51.50% higher than expectations of $0.66.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. DK’s latest balance sheet shows that the firm has $856.50M in Cash & Short Term Investments as of fiscal 2021. There were $2.42B in debt and $3.13B in liabilities at the time. Its Book Value Per Share was $16.05, while its Total Shareholder’s Equity was $1.01B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DK is Buy with a score of 2.50.

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