Q1 Earnings Estimate for Delek US Issued By Zacks Research

Delek US Holdings, Inc. (NYSE:DK) – Equities researchers at Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for Delek US in a research note issued to investors on Wednesday, August 26th. Zacks Research analyst Team now forecasts that the oil and gas company will earn $0.41 per share for the quarter, up from their previous forecast of $0.36. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Delek US’s current full-year earnings is $10.10 per share.

Delek US (NYSE:DK) last released its quarterly earnings results on Wednesday, August 5th. The oil and gas company reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $2.81. The firm had revenue of $4.09 billion during the quarter, compared to analyst estimates of $3.44 billion. Delek US had a net margin of 1.86% and a return on equity of 109.03%. The company’s revenue was up 47.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.56) EPS.

Several other equities analysts have also issued reports on the stock. Citigroup restated a “neutral” rating on shares of Delek US in a report on Thursday, August 6th. TD Cowen lifted their price objective on Delek US from $58.00 to $76.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Mizuho boosted their price objective on Delek US from $60.00 to $66.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. The Goldman Sachs Group upped their target price on Delek US from $73.00 to $83.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Finally, Morgan Stanley lifted their target price on Delek US from $41.00 to $45.00 and gave the stock an “equal weight” rating in a report on Friday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Delek US has a consensus rating of “Hold” and a consensus price target of $53.15.

Delek US Trading Up 4.7%

DK opened at $70.78 on Thursday. Delek US has a twelve month low of $25.66 and a twelve month high of $72.00. The company has a quick ratio of 0.47, a current ratio of 0.76 and a debt-to-equity ratio of 7.53. The company has a fifty day moving average of $59.52 and a 200-day moving average of $48.31. The stock has a market cap of $4.33 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 1.47 and a beta of 0.57.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Delek US by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 6,330,858 shares of the oil and gas company’s stock valued at $187,773,000 after acquiring an additional 38,577 shares in the last quarter. Williamson Legacy Group LLC purchased a new position in shares of Delek US during the fourth quarter valued at approximately $1,095,000. Y Intercept Hong Kong Ltd grew its holdings in Delek US by 281.5% during the first quarter. Y Intercept Hong Kong Ltd now owns 45,471 shares of the oil and gas company’s stock worth $2,049,000 after buying an additional 33,553 shares in the last quarter. Bank of America Corp DE raised its position in Delek US by 118.0% in the 1st quarter. Bank of America Corp DE now owns 846,204 shares of the oil and gas company’s stock valued at $38,138,000 after buying an additional 458,004 shares during the last quarter. Finally, Highbridge Capital Management LLC purchased a new stake in Delek US in the 4th quarter valued at $1,093,000. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling at Delek US

In other Delek US news, EVP Mark Wayne Hobbs sold 20,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $64.59, for a total value of $1,291,800.00. Following the transaction, the executive vice president owned 104,326 shares in the company, valued at approximately $6,738,416.34. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Avigal Soreq sold 80,000 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $66.51, for a total value of $5,320,800.00. Following the completion of the sale, the chief executive officer directly owned 231,486 shares of the company’s stock, valued at $15,396,133.86. This trade represents a 25.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 152,925 shares of company stock worth $10,013,091 in the last quarter. Company insiders own 3.56% of the company’s stock.

Delek US Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Monday, August 3rd were given a $0.255 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Monday, August 3rd. Delek US’s payout ratio is presently 28.65%.

About Delek US

Delek US Holdings, Inc (NYSE: DK) is an independent downstream energy company engaged in the refining, logistics, and marketing of petroleum products. Headquartered in Brentwood, Tennessee, the company operates a network of inland refineries, storage terminals and pipelines, and convenience store locations. Delek US focuses on converting crude oil into a variety of finished products, including gasoline, diesel, jet fuel, asphalt and renewable fuels, serving wholesale and retail customers across the United States.

In its refining segment, Delek US owns and operates four inland refineries located in Texas and Arkansas.