Delek US Holdings Inc. Sets New 1-Year Low at $20.36 (DK)
Delek US Holdings (NYSE:DK) set a new 52-week low during trading on Tuesday, Analyst RN reports. The stock traded as low as $20.36 and last traded at $20.43, with a volume of 505,622 shares. The stock had previously closed at $20.90.
A number of analysts have recently weighed in on DK shares. Analysts at Zacks downgraded shares of Delek US Holdings from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday. They now have a $19.90 price target on the stock. Separately, analysts at Ned Davis Research initiated coverage on shares of Delek US Holdings in a research note to investors on Monday. They set a “neutral” rating on the stock. Finally, analysts at Cowen and Company raised their price target on shares of Delek US Holdings from $21.25 to $25.00 in a research note to investors on Wednesday, October 2nd. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. Delek US Holdings has a consensus rating of “Hold” and an average price target of $31.71.
Delek US Holdings has a one year low of $20.57 and a one year high of $41.47. The stock’s 50-day moving average is $23.28 and its 200-day moving average is $30.74. The company has a market cap of $1.228 billion and a P/E ratio of 4.45.
Delek US Holdings (NYSE:DK) last released its earnings data on Wednesday, August 7th. The company reported $0.78 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.79 by $0.01. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter in the previous year, the company posted $1.17 earnings per share. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, analysts predict that Delek US Holdings will post $2.30 earnings per share for the current fiscal year.
The company also recently announced a special dividend, which is scheduled for Tuesday, October 29th. Investors of record on Tuesday, October 8th will be paid a dividend of $0.10 per share. This represents a dividend yield of 2.9%. The ex-dividend date is Friday, October 4th.
Delek US Holdings, Inc (NYSE:DK) is an integrated energy business focused on petroleum refining, the wholesale distribution of refined products and convenience store retailing.
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