Wall Street analysts expect Delek US Holdings, Inc. (NYSE:DK) to announce sales of $2.12 billion for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Delek US’s earnings, with the lowest sales estimate coming in at $2.03 billion and the highest estimate coming in at $2.21 billion. Delek US reported sales of $1.08 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 96.3%. The company is expected to report its next quarterly earnings results after the market closes on Monday, February 26th.

On average, analysts expect that Delek US will report full-year sales of $2.12 billion for the current financial year, with estimates ranging from $6.74 billion to $6.97 billion. For the next fiscal year, analysts anticipate that the company will report sales of $8.88 billion per share, with estimates ranging from $8.16 billion to $9.60 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that follow Delek US.

Delek US (NYSE:DK) last posted its earnings results on Wednesday, November 8th. The oil and gas company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.68 by $0.13. Delek US had a return on equity of 1.71% and a net margin of 2.09%.

Several equities analysts have recently commented on DK shares. Macquarie raised Delek US from a “neutral” rating to an “outperform” rating in a research report on Monday, October 23rd. Wells Fargo & Co raised Delek US from a “market perform” rating to an “outperform” rating and set a $40.00 target price on the stock in a research report on Tuesday, November 14th. Morgan Stanley raised Delek US from an “equal weight” rating to an “overweight” rating and set a $44.00 target price on the stock in a research report on Thursday, January 11th. Raymond James Financial raised Delek US from an “outperform” rating to a “strong-buy” rating and increased their price target for the stock from $32.00 to $35.00 in a research report on Monday, November 13th. Finally, Tudor Pickering raised Delek US from a “hold” rating to a “buy” rating in a research report on Friday, November 17th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $35.14.

In other Delek US news, COO Frederec Green sold 25,000 shares of the firm’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $38.00, for a total value of $950,000.00. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Anthony L. Miller sold 1,155 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $32.79, for a total value of $37,872.45. The disclosure for this sale can be found here. Insiders have sold 255,631 shares of company stock worth $8,523,903 in the last three months. 1.61% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the business. Schwab Charles Investment Management Inc. lifted its stake in shares of Delek US by 6.6% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 506,762 shares of the oil and gas company’s stock valued at $17,707,000 after acquiring an additional 31,424 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Delek US by 23.0% in the 4th quarter. Bank of Montreal Can now owns 45,211 shares of the oil and gas company’s stock valued at $1,580,000 after acquiring an additional 8,469 shares during the last quarter. GSA Capital Partners LLP lifted its stake in shares of Delek US by 18.2% in the 3rd quarter. GSA Capital Partners LLP now owns 41,500 shares of the oil and gas company’s stock valued at $1,109,000 after acquiring an additional 6,400 shares during the last quarter. GeoSphere Capital Management bought a new position in shares of Delek US in the 3rd quarter valued at $2,005,000. Finally, Piedmont Investment Advisors LLC lifted its stake in shares of Delek US by 5.9% in the 3rd quarter. Piedmont Investment Advisors LLC now owns 38,750 shares of the oil and gas company’s stock valued at $1,036,000 after acquiring an additional 2,151 shares during the last quarter. 93.10% of the stock is currently owned by hedge funds and other institutional investors.

Delek US (DK) opened at $37.94 on Friday. Delek US has a 12-month low of $20.65 and a 12-month high of $39.43. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.09 and a quick ratio of 0.76. The company has a market capitalization of $3,125.18, a P/E ratio of 294.85, a PEG ratio of 1.85 and a beta of 2.01.

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About Delek US

Delek US Holdings, Inc is a diversified downstream energy company. The Company has a broad platform consisting of refining, logistics, retail and wholesale marketing, renewables and asphalt operations. It operates through five segments: refining, logistics, asphalt, renewable and retail. Its refining assets consist of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.

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